TEL AVIV, Israel and NEW YORK, Sept. 06, 2022 (GLOBE NEWSWIRE) — Shield (the Company), the world’s main office intelligence platform for compliance groups, at this time introduced its end-to-end communication compliance platform now has the distinctive capacity to surveil and exactly decipher context, dialects, semantics and jargon in Spanish and Chinese, amongst many different business-driving languages together with probably the most generally used languages and dialects. Through its superior Artificial Intelligence (AI), Sematic Analysis and mixed-language Natural Language Processing (NLP) know-how, Shield is ready to alert, in a full linguistic context, for market abuse, threat, compliance issues and extra, throughout all communication channels, together with voice, and even in probably the most difficult situations equivalent to a number of languages getting used throughout the identical dialog.
Global banks and companies depend on quite a few digital channels, like Zoom voice/video or WhatsApp messages, to speak throughout borders. Existing options, nonetheless, aren’t able to correctly alerting for numerous dangers when completely different dialects of the identical language are used as a result of low accuracy of the fashions in understanding these regional distinction and accents. Shield, in distinction, drastically will increase the accuracy of transcription and market abuse detection by way of its multi-language fashions, while decreasing operational inefficiencies of false positives.
“Shield’s unique technology has the acute ability to detect for language, context and meaning on the granular level across all common trading languages, including English, Spanish and Chinese, but also French, Danish, Finnish, Swedish, Norwegian and many others,” says Shlomit Labin, VP Data Science at Shield. “We’re witnessing a transformational shift in the way we communicate, and banks and businesses no longer operate in communication silos. They’re in dire need of an all-encompassing solution that they can scale to their needs, which is what Shield offers. Whether you’re a global bank or focused on specific regions like Latin America or APAC, we have a solution for you.”
With banks pressured to continuously adapt to ever-changing international regulation, Shield boosts total business effectivity and productiveness by way of extra correct alerting. Where legacy options fail to know the subtlety of language, Shield’s capacity to use all of its language fashions to every sentence gives banks with an answer they’ll shortly introduce into their current processes and profit from immediately.
“For too many banks, simple communication between branches in different countries can be a compliance nightmare, especially if those branches are speaking the same language but have different dialects. When the Mexico City branch of a bank is speaking with the Bogotá office, the resulting transcript, crucial to security and compliance, is often rampant with false positives because of the nuanced differences in dialect,” stated Labin. “With Shield, it doesn’t matter if the conversation is in different dialects or jumps between multiple languages, we’re able to accurately alert on it.”
About Shield
Shield is a sophisticated end-to-end office intelligence platform that permits organizations of any measurement to mitigate dangers, escape the dead-end legacy archive, enhance operational effectivity, and cut back compliance prices. Shield redefines the way in which enterprises and monetary establishments handle and mitigate communications compliance dangers by making use of superior AI, NLP, and visualization capabilities. Shield is particularly constructed for at this time’s digital work atmosphere, the place organizations face a number of dangers, together with monetary crime, privateness and misconduct. Learn extra: https://www.shieldfc.com/.
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