Source: Shield FC
Specialist RegTech provider Shield Financial Compliance (Shield) and the global leader in legacy data management and transformation, Trusted Data Solutions (TDS) are proud to announce their international partnership.
TDS will be representing Shield FC from a sales, services and deployment perspective, utilising its expertise to ensure customers get the most from this industry-leading RegTech technology.
Eran Noam, VP Global Sales & Business Development at Shield FC stated, “We are excited to be working with TDS. As a software vendor we want to concentrate on developing our technology platform, which is why we are partnering with companies like TDS to give us the local presence, the close touch to customers and the level of support that the enterprises and financial firms that invest in our solutions expect and need.”
Paul Willson, Head of Strategy & Partnerships at Trusted Data Solutions also commented, “The FinTech and RegTech product market is extremely busy, with lots of differing messages coming from lots of different vendors. We have been evaluating this market and our strategy is to partner solely with companies that we feel add value with clearly-defined USPs, are easy to deal with on a human level and have the same service standards as TDS. Shield share these key attributes and much more besides.”
Paul added, “We believe that customers need to take a 360 approach to the compliance silos, to look at process, tooling and technology in order to deliver a high level of assurance across the platform. We also understand customers have a choice and we need to be a business enabler and problem-solver. The Shield platform’s complete approach to RegTech will ensure our clients can embrace a truly holistic approach.”
Partnerships are a major pillar in Shield's go-to-market strategy as Eran elaborated, “We were looking for a value-add partner with comprehensive financial markets domain expertise. TDS brings a unique combination of solid and dependable ethical orientation and extensive financial markets knowledge, along with excellent customer service, to provide the best expert assistance - from installation to continued maintenance and support of the Shield platform.”
Both companies envisage that the partnership will grow as the market continues to mature. Eran commented, “We expect this partnership to evolve dramatically to meet the accelerated growth of the company and our penetration into new geographies. There are huge potential opportunities for both businesses and our customers.”
Paul also concluded, “Over time, I think customers will see that TDS' service excellence, aligned with Shield FC's product roadmap gives them the ideal pathway to help them identify and then deal with risk, to deliver assurance and help them deliver against their ongoing compliance challenges over many years.”