Shiran is the CEO and Co-Founder at Shield, a Regtech startup out of Israel that is revolutionizing how eComms compliance is handled in FS. Fast-forward to 2019 where a survey of compliance professionals found that over 60% of financial firms were using e-comms and e-collab tools. The Catch: Collaboration May Come At The Cost Of ComplianceIn short, e-collab tools are a compliance officer’s worst nightmare. E-collab tools are the cornerstone of how brokers and customers interact with today’s financial firms, yet compliance has not kept up. Indeed, once e-collab tools can be effectively surveilled, monitoring social media apps represents the next frontier for innovation in RegTech.
Source: Forbes August 17, 2020 10:52 UTC