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Shield Responds to RegTech Demand in The City and Opens its London Office

Shield raises $15m

We are proud to announce that we have opened a London Office, as demand grows for our award-winning cross-regulation compliance platform amongst financial institutions in The City and across the capital.

Since launching in 2018, Shield has caught the attention of institutions operating in the major financial hubs around the world, for its ability to provide a complete solution for electronic communications compliance needs, including its eComms Surveillance solution. Founder and CEO of Shield, Shiran Weitzman, states: “As a key financial hub, London is one of the most important markets for Shield, and now is the right time to open a dedicated office.”

The timing of the opening is also significant as Shiran adds: “At a time of uncertainty for the UK in the face of Brexit, we wanted to make a commitment to the financial institutions that reside and operate here. Joining our Tel Aviv R&D center and Copenhagen office, our London office will provide sales and support to Shield’s expanding clients and business partners based across the UK and will be led by Shield’s Business Development Manager, Mrs. Shira Rottner.”

Shira comments: “Regulation and legislation such as MAR and MiFID II and the looming ePrivacy, has rendered the ‘old way’ of manually monitoring compliance obsolete. The reason financial institutions are finding the Shield proposition so compelling is because we are offering an intelligent, automated, and cost-effective alternative.”

“Our platform is easily integrated with eComms and business systems to provide a trusted solution across the entire data lifecycle, from secure capture to analysis and flexible yet comprehensive investigation.” Shira continues: “Regardless of the rules that financial institutions must adhere to, today or tomorrow, we ensure they have a fully future-proofed regulatory compliance solution capable of rising to the challenge.”

Shield will once again be exhibiting at the RegTech Summit 2019 on 3rd October at the Guoman Tower Hotel in London.


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