Shield, an autonomous compliance hub, has opened a London office as demand for its platform by financial institutions in the country increases.
The platform launched in 2018 and has gained attention around the world for its electronic communication services, it claims.
With Brexit looming, the company wanted to open the office in London as a commitment to the financial institutions in the country, it said. The office, which joins its Copenhagen office and Tel Aviv R&D centre, will offer sales and support to its local clients and business partners.
The company offers a cross-regulation compliance platform that gives a holistic view on e-Comms, trade and market data. Through AI, natural language processing, and visualization technology, the company streamlines compliance processes.
Its platform connects all structured and unstructured data sources, recordkeeping, and archiving in all e-Comm channels.
Shield Founder and CEO Shiran Weitzman said, “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.
“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.”
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