Shield Compliance solutions are powered by the Shield Data Hub, a cloud-based service that aggregates and evaluates transactional data and demographic records with restricted and public information from state and local governments, seed-to-sale tracking data, and client accounting.
Most BSA/AML platforms are built to manage compliance standards but fall short of generating the data and filing tools required to comply with the cannabis regulatory system. Purpose-built solutions allow your financial institution to focus on productivity, creating a competitive advantage.
Compliance requires routine analysis and timely alerts into suspicious client activity. With insights gained from detailed client provided data, verified against public and private records, your compliance officers can investigate anomalies, resolve cases, and file reports to regulatory agencies.