Tel Aviv (June 22, 2021) – Specialist RegTech provider Shield today announces the move of its Global Headquarters to a new 1,000m2 state of the art facility in Tel Aviv metropolitan area. Rapid expansion of the business has enabled Shield to relocate its new office to the prestigious Moshe Aviv Tower, the tallest building in Israel and a center of excellence for world-leading tech businesses.
The expanded Headquarters is the nerve-center of a growing network of Shield offices, which currently include London and Copenhagen, with a further office in New York scheduled to open soon. Eran Noam, CBO at Shield commented, “We have seen a substantial growth in demand, which along with the need to keep innovating means we require a bigger facility and working environment to accommodate our expanding team.”
With a team now numbering over 40, Shield has grown steadily and continuously to meet customer demand. The company had also moved to its previous location in the Bursa District of Ramat Gan in in November 2019 due to growing team requirements. Shield’s new home on the 32nd floor of Moshe Aviv Tower houses its key business elements including the R&D and Subject Matter Experts teams, along with its Sales and Marketing divisions.
Launched in 2018 as a start-up and bootstrapped by its founders, Shiran Weitzman and Ofir Shabtai, Shield has a clear mission to improve the workplace environment. The company’s powerful platform is at the heart of regulatory compliance for Top Tier banks, with demand continually growing for its services from across the financial sector and beyond.
Noam concluded, “Being located in close proximity to many of Israel’s top technology talents and providers makes perfect sense for our innovative team. Our new facility enables us to continue developing our platform, our team, and our business operations as we strive for the next stage of growth via the soon to be established New York office. These new Headquarters will be instrumental in ensuring we have the resources and capacity to continue growing and supporting our customers around the world.”
Shield automates and orchestrates the complete communications compliance lifecycle, delivering all elements of capture, correlation, data enrichment, analytics, proactive and preventative detection. Featuring two distinct functions – Compliance Data Management and Proactive Surveillance – Shield’s solution empowers numerous functions within regulated organisations, from departments such as surveillance and monitoring, risk and governance, forensic and control, all the way through to conduct and management.
A truly open platform, Shield was built to put an end to compliance data silos and complicated proprietary platforms. Our open integration approach enables an organisation to connect to a wide range of electronic communications platforms through our library of pre-integrated connectors, whilst we normalize, enrich the data, and allow for connectivity to other platforms as well.
By harnessing the power of AI, Shield’s platform utilises its non-disruptive technology and unique capabilities, including FCR (Financial Context Recognition), Alert Scoring, and NLP. It is also a Cross Regulation Platform, enabling regulated firms to meet different regulatory use cases and objectives such as: record keeping and retention, completeness and reconciliation, eDiscovery and advanced search, investigations, and surveillance.
For more information please visit: www.shieldfc.com