Shield Launches New Version with Robust eDiscovery Capabilities, Empowering Compliance Teams to Work Better
Introduction
Shield’s new release was built for the users, by the users, incorporating customer insights into one optimal platform, and introducing compliance eDiscovery to address the advanced needs of the world’s biggest banks
New Version Of Communication Compliance Platform
We’re proud to announce a new version of our award-winning, end-to-end communication compliance platform, including an industrydefining eDiscovery tool that offers firms a fast response to regulatory inquiries while increasing team efficiency and enabling collaborative case management.
proliferation of electronic communication
Since the pandemic, there has been a proliferation of electronic communication apps like WhatsApp, Zoom, and more, causing massive data, risk, and compliance challenges for the regulated enterprise, including regulator investigations and financial firms facing potentially billions in fines.
What is eDiscovery
Electronic discovery (eDiscovery) is a procedure by which financial institutions preserve, collect, review, and exchange information in electronic formats so they can respond to audits and investigations.
Our Discovery
One of the things we discovered in our user research was the fact that compliance teams are struggling with eDiscovery, so that drove us to create the world’s best compliance eDiscovery platform, “Shield’s revolutionary eDiscovery solution incorporates AI and NLP capabilities into search to bring laser-focused results and drastically reduce compliance investigation time.
Conclusion
With a deep understanding of its customer’s needs and expectations following comprehensive user research, Shield 3.1 provides a new, better compliance platform that users will love and is a significant upgrade from existing legacy vendors that are inefficient and outdated. “I honestly believe that compliance teams will love this new version of Shield because it was built in partnership with them. We’ve kept talking to our customers and industry leaders and prioritized their needs so they can have a platform that is optimized for the current regulatory landscape
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