Launches Enhanced Version of Financial Compliance Data Management Platform SHIELD FC
New version features powerful AI capabilities for false positives reduction and Financial Context Recognition London, Copenhagen and Tel Aviv – 8th January 2019. Shield Financial Compliance (Shield FC), a cross-regulation compliance platform that provides a 360 view on electronics communications (eComms) and trades to make compliance more efficient and ROI driven, is proud to announce the launch of its latest version. New features include powerful AI for the reduction of false positives, and the proprietary technology of Financial Context Recognition (FCR).
Ofir Shabtai, Co-Founder and CTO at Shield FC commented, “The new features address and resolve important issues facing modern financial firms. False positives have become a highly worrying statistic – one Tier-One European Bank we have spoken to even admitted it had reached an incredible 98% false positive rate on their day-to-day work.”