Shield. News
23 articles
Growth-Positive
Shield Recognized in the Gartner® Hype Cycle™ for Data Security, 2023
Shield, a company that provides communication compliance solutions for financial institutions, has been recognized as a Sample Vendor in the Gartner® “Hype Cycle™ for Data Security, 2023” report in the Digital Communications Governance (DCG) category. The Shield platform offers a unified solution for digital communications compliance, records management, archiving, discovery collections, and surveillance. This recognition is seen as a significant milestone for Shield and an indicator of future growth.
Customers
growth-positive
Communications Compliance Platform Shield Available in AWS Marketplace, Joins the AWS ISV Accelerate Program
Shield, a company that provides real-time communications compliance for financial institutions, has announced its platform is now available in Amazon Web Services (AWS) Marketplace. This comes as Shield joins the AWS Independent Software Vendor (ISV) Accelerate Program, a co-sell program that connects participating ISVs with the AWS Sales organization. Shields solution, which is built and optimized on AWS cloud and services, offers comprehensive coverage, meaningful alerts, and flexible records management at scale.
PartnersCustomers
growth-positive
Shield Bolsters Language Capabilities with On-Demand Translation
Shield, a leading communication compliance platform, has announced the expansion of its multi-language support for global financial institutions. The new AI-driven language capabilities allow compliance, eDiscovery, and surveillance teams to review, detect, and transcribe electronic communication in over 80 languages. The new on-demand translation capabilities, combined with surveillance capabilities across all main business-driving languages, enable financial services to manage compliance across the globe through automated language detection in conversations. Shields latest enhancements provide custom workflows that route content to the right team, saving time and resources.
CustomersExpand
growth-positive
Israel's Shield bags $20m in Series B funding - FinTech Futures
Workplace intelligence platform Shield has raised $20 million in its Series B funding round led by Macquarie Capital. The funding will be used to further develop the platform, expand into new markets, and open a second R&D facility in Lisbon. Shield monitors and manages financial institutions electronic communication data using AI and NLP to help improve efficiency and meet regulatory compliance standards. This funding round follows a previous Series A round where Shield raised $15 million. CEO Shiran Weitzman believes the funding is proof of the market need for their solution.
InvestmentExpand
growth-positive
האויב שבפנים: החברה שמאתרת הונאות פנים ארגוניות - וואלה! כסף
Shield, a company founded in 2018 by Shiran Weitzman, Ofir Shabtai, and Eran Noam, specializes in compliance and fraud detection within large financial organizations. The company has developed a cloud-based system that monitors approximately 4 million digital activities daily, helping to identify internal fraud and regulatory breaches. Shield has raised $15 million in investments from Macquarie Capital, OurCrowd, and Mindset Ventures. The company has 90 employees and serves major banks and financial institutions globally, particularly in Europe, the US, and Australia. The COVID-19 pandemic significantly boosted Shields growth as remote work and new communication tools increased the need for robust compliance solutions.
CustomersInvestment
growth-positive
הסטארטאפ הישראלי שעוקב אחרי הבנקאים: ''נביא את החברה ל-200 מיליון דולר מכירות''
The article discusses the journey of Israeli startup Shield, co-founded by Shiran Weitzman, which provides an AI-based platform to banks and financial organizations to detect and alert about workplace manipulations. The platform helps in documenting and analyzing intra and inter-organizational interactions of traders and employees, in line with stringent regulatory requirements. After growing organically for the first few years, Shield raised $15 million in May 2021 led by Macquarie Capital and OurCrowd, with participation from Mindset Ventures. The company, which employs 85 people across offices in Ramat Gan, London, New York, and Lisbon, is currently in expansion mode.
InvestmentExpand
growth-positive
Shield announces $15 million Series A for AI communications compliance platform
Israeli company Shield, a workplace intelligence platform for compliance teams, has closed a $15 million Series A funding round led by Macquarie Capital and OurCrowd with participation from Mindset Ventures. The funding will help Shield scale its technology and enhance its platform for addressing compliance concerns. Shields platform enables regulated financial institutions to detect market abuse, gain behavioral analysis, mitigate toxic workplace culture, and automate surveillance over employee communication channels. The companys solution applies advanced AI and natural language processing capabilities. Shield was founded in 2018 and has offices in Ramat Gan, London, and New York.
Investment
growth-positive
Shield Named to Illustrious AIFintech 100
Shield, a Workplace Intelligence platform for compliance teams, has been named to the AIFintech 100, recognizing innovative AI-solution providers for financial services. The platform helps banks and financial institutions identify risks across communication channels and provides transparency through detailed alerts and triggers powered by AI. Shield addresses compliance concerns in the new hybrid work environment and is well-positioned to mitigate risks and reduce compliance costs. The companys comprehensive workplace intelligence platform is proving valuable to financial institutions, allowing them to turn compliance into a competitive advantage while maintaining trust with customers and regulators.
CustomersPartners
N/A
"יהיו חקירות על מה שקרה בקורונה": החברה שתגלה מי מריץ מניות בוואטסאפ
The text provided is not in English and cannot be summarized or analyzed for the requested information.
N/A
Shield launches Advanced Workflow to fully align compliance surveillance with business processes and needs
growth-positive
Shield Shortlisted for RegTech Partner of the Year in British Bank Awards 2020 Shield
Shield has been shortlisted for the RegTech Partner of the Year category in the British Bank Awards 2020. The companys CEO expressed excitement and honor for being a finalist and highlighted the success and dedication of the Shield team. Shield has previously won awards for its technology and has been recognized as one of the most innovative start-ups using AI to solve regulatory problems. The company is now entering its Round A funding to support its next phase of development. The British Bank Awards winners will be announced in March.
Partners
https://www.fintech.finance/01-news/shield-awarded-coveted-data-management-insight-awards-2019-best-data-visualisation-provider/
Not applicable
RegTech Blog Shield - eComms Compliance Platform Smart Compliance
The article discusses the increasing prevalence of surveillance in the United States, with people being captured on camera an average of 238 times per day. This includes homeowner doorbells, street-view surveillance, red light cameras in banks and corporate offices, and laptop cameras. The article also touches on the role of technology in financial compliance management, highlighting the need for multi-channel communications surveillance software to meet regulatory requirements and minimize the risk of fines and reputational damage.
Not applicable
growth-positive
https://www.finextra.com/pressarticle/79986/compliance-hub-product-for-smes-launched-by-shield
RegTech provider Shield has launched Shield for small to medium-sized investment firms, a new version of its compliance platform tailored to the needs of smaller financial services firms. The platform uses automated processing to reduce compliance risk, save costs, and reduce processing time. Shield for SME covers various regulations, including MiFID II, GDPR, SMR, MAR, ePrivacy, and Dodd-Frank. The platform is designed to be affordable, simple to deploy and maintain, and provides peace of mind to smaller businesses that they are meeting their compliance obligations. Shield recently opened a new office in London to meet the growing demands of its UK customers.
CustomersInvestment
growth-positive
Shield FC Opens London Office, Plans New SME Product
RegTech start-up Shield has opened a new office in London, aiming to expand its presence in the European markets. The London office will support the companys growth by targeting SMEs and smaller firms in need of comprehensive compliance solutions. Shield plans to launch a new product by the end of the month, focusing on record-keeping, e-discovery, and search/investigation tools to help firms meet regulatory requirements. The company will be exhibiting at the RegTech Summit 2019 in London.
CustomersPartners
growth-positive
Shield FC Finalist in RegTech Insight Awards and National Technology Awards 2019 Shield
Shield has been shortlisted for multiple RegTech awards in 2019. The company is a finalist in various categories at the RegTech Insight Awards and the National Technology Awards. Shield provides a comprehensive RegTech solution that offers a full 360-degree view of data and regulatory compliance. Their platform uses AI, machine learning, and NLP technology to collect and analyze unstructured and trade data. Shield aims to transform siloed eComms platforms into an end-to-end solution for reconstructing, reporting, and interacting with complete trade timelines. Despite being a relatively young business, Shield has already deployed systems and has satisfied customers. The winners of the awards will be announced in May 2019.
CustomersPartners
growth-positive
Shield FC releases its compliance solution to the cloud
Shield Financial Compliance has launched its compliance platform on the cloud, offering financial institutions a regulatory compliance solution. The Shield Cloud platform allows firms to choose their preferred cloud storage provider and offers a hybrid-cloud model. It enables companies to connect structured and unstructured data sources, archive data securely, analyze information, and complete reporting processes. The move is expected to have a positive impact on the companys growth. The article also mentions a partnership between Deutsche Bank and CloudMargin to improve the client experience in collateral management.
Partners
growth-positive
Shield FC Wins Deloitte RegTech Challenge
Shield Financial Compliance has been recognized by Deloitte as one of the most innovative start-ups using AI to solve regulatory challenges in the financial sector. Deloitte has provided Shield FC with the opportunity to be a part of their innovation ecosystem. Shield FCs cross-regulation compliance platform offers a 360 view of all electronic communications and trades, improving compliance efficiency and return on investment.
Partners
growth-positive
eComms Compliance Challenges under MiFID II and MAR
The article discusses the challenges faced by compliance officers in identifying market abuse or misbehavior in the haystack of digital information. It highlights the operational hurdles of capturing all the data, aggregating and standardizing the data, and understanding the data. The article emphasizes the importance of complying with MiFID II rules and investing in technology to support compliance requirements. The key theme of the article is the need for effective data management and analysis to identify patterns of abuse. The article does not mention any specific customers or partners. The date of the event described in the article is not provided. The confidence level is 8.
CustomersPartners
https://www.fintech.finance/01-news/shield-fc-to-allay-regulatory-concerns-surrounding-electronic-communications-at-the-regtech-summit-for-capital-markets-in-london/
Neutral
https://www.globalbankingandfinance.com/filling-in-the-blanks-supporting-regtech-innovation-with-data/
Global Banking and Finance Review is an online platform that provides news, analysis, and opinions on the latest trends and developments in the banking and finance industry. The platform covers a wide range of topics including banking, insurance, investment, wealth management, fintech, and regulatory issues. The articles published on the website are commissioned from various companies, organizations, PR agencies, and bloggers and are commercial in nature. The website also links to various third-party websites, affiliate sales networks, and advertising partners websites.
None
Capturing Communications isn't Compliance
growth-positive
Shield FC Launches New Version of eComms Data Management Platform and Compliance Reporting Suite
Shield Financial Compliance (Shield FC) has unveiled its next generation data management platform for capturing, archiving, analyzing, and investigating electronic communication (eComms) to meet the growing record-keeping, data governance, and best execution requirements of financial firms. The platform, called Shield V2.0, is designed to help firms handle the explosion in eComms and streamline compliance processes. It aggregates and analyzes various data sources, including voice, email, instant messaging, market data chat, mobile, social media, and web, to provide a comprehensive view of trading events. Shield V2.0 aims to automate trade reconstruction, best execution evidence, compliance investigation, and ongoing management oversight. The platform is compliant with regulations such as MiFID II, GDPR, MAR, Dodd Frank, and FINRA.
Customers
