Shieldpay is authorised and regulated by the Financial Conduct Authority as a payment institution and by HMRC for the provision of trust services. We offer a compliant solution in line with SRA and CLC regulations.
As part of our operation, we hold banking relationships with recognised financial institutions. Client funds are safeguarded with authorised banks which maintain appropriate levels of prudential requirements.
Our system is architected on Amazon Web Services, the world's leading cloud computing provider with extremely stringent security standards and high availability. We undergo regular independent penetration testing on all our systems and we are PCI compliant.
We take care of customer due diligence, payments and transaction management through an easy-to-use platform with a team of experts on hand to assist.
Third-Party Managed Accounts: Enhance operational efficiency, mitigate risk and reduce administrative costs by outsourcing your Client Account function.
Escrow: Set up a secure escrow facility within 48 hours with our standardised but fully flexible solution that suits any deal profile.
Paying Agent: Strategic solutions to solve for unique components of each deal and payment settlement to shareholders in multiple jurisdictions.
Litigation Accounts: Demonstrate security for costs, ring fenced contested funds pending judgments, class actions or for the handling of settlement funds.
Project Accounts: Administer contract payments and award milestone payments to ensure construction projects are delivered on time and on budget.
Fundraising Accounts: Secure funds in escrow until your target raise figure is achieved. Have peace of mind that all parties have passed KYC and AML checks.
