Shield Financial Compliance (Shield FC), a cross-regulation compliance platform providing a 360 view on electronics communications (eComms) and trades to make compliance more efficient and ROI driven, is proud to announce it is a finalist in two categories of the TradingTech Awards Europe 2019. This includes ‘Best Trade Reconstruction Solution for Best Execution’ and also the special ‘BSO Award for Fintech Innovation’, which is chosen directly by the expert advisory board themselves.
Ofir Shabtai, Co-Founder and CTO at Shield FC commented, “We are delighted to have been shortlisted for two categories, including a nomination by the awards advisory board themselves. These awards recognise the very best trading technology and the shortlist is agreed by a panel of leading financial industry experts, who understand the intricacies and specialist requirements of the financial firms that rely upon these solutions.”
Shield FC offers a highly efficient and effective solution to the best execution requirements stipulated in MiFID II regulations. Financial firms have a major challenge in making unstructured data records (such as voice-based trades, emails, SMS and chats etc.) available for every transaction, quote or offer.
Tackling these requirements manually is very inefficient, so in answer to this Shield FC provides a highly powerful, cost-effective enterprise-grade data management platform for electronic communication and trade data. This transforms siloed eComms platforms into a single end-to-end solution to reconstruct, report and interact with complete trade timelines via an intuitive point-and-click user interface.
A fully scalable and cross-regulation compliance investigation tool, the Shield FC solution provides a direct trade and eComms connection with full context of an alert, accountability of data acquisitions, and a full picture of the distributed data.
The key benefits of the Shield FC solution include:
· A full end-to-end eComms and trade reconstruction solution.
· Compliance with cross regulation requirements.
· An adaptive, flexible and customisable modular product for any application.
· Tangible value for all related stakeholders in the organization.
· Bridges IT and compliance workflow.
· Enables the compliance organisation to highlight regulatory risk efficiently while offering complete visibility and optimising the compliance life cycle.
Voting for the awards is open now and will close at 5pm on Monday 7th January 2019. Ofir added, “We believe the Shield FC solution is a worthy winner in both categories and I would encourage everyone to visit the Awards website and register their vote.”