Shield is a workplace intelligence platform that automates the communications compliance lifecycle by capturing and analyzing data across various channels, including mobile, chat, and email. It reduces false positives to 0.15% and streamlines compliance processes, enabling financial services organizations to maintain regulatory adherence and minimize risk.
Funding
$35.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial services firms face increasing regulatory scrutiny and potential fines related to employee communications across a growing number of digital channels. Manually monitoring these channels for compliance violations is time-consuming, prone to errors, and struggles to keep pace with the volume and complexity of modern communication data.
Solution
Shield provides a workplace intelligence platform that automates communications compliance by capturing, analyzing, and providing context to data across various digital channels, including mobile, chat, email, and trade data. The platform uses AI-powered analytics to detect potential risks, such as market manipulation or insider trading, and streamlines compliance workflows by reducing false positives. Shield enables financial services organizations to maintain regulatory adherence, minimize risk, and gain deeper insights into their communications data.
Target Audience
The primary target audience includes compliance officers, surveillance teams, and risk managers at financial services organizations, such as banks, investment firms, and trading companies.
Features
- Unified data capture from diverse communication channels, including mobile, chat, email, video, and trade platforms.
- AI-powered analytics to detect market manipulation, personal misconduct, and other compliance violations.
- Customizable workflows, policies, and procedures to adapt to specific organizational needs.
- Advanced search and analytics capabilities for rapid case assessment and investigation.
- Contextual analysis to match communications to deals, restricted actions, and other relevant criteria.
- Automated alert system with a low false positive rate (0.15%) to minimize wasted time.
- Comprehensive supervision tools for compliance teams to monitor communications and uncover potential risks.
- Secure data storage and encryption to protect sensitive information.