That's mostly lycra rather then latex, so it's slick and elastic rather then inflexible. Even then, oiled latex isn't too bad, though it requires absurd amounts of care and baby powder.
Not a bad challenge, a Mass Effect conversion could be fun.
Technically Mass Effect barriers don't cover the body at all. They detect incoming threats and generate a gradient of intense gravitational force that deflects projectiles, disrupts hostile mass effect fields (protecting from biotic attacks, mostly) and adjust the user's mass to protect them from kinetic impacts, keeping them from being thrown aside by, say, a concussion grenade.
They cover the whole body, but rapidly overheat and charge the tiny mass effect cores they use. Even powerful personal shields can't last long under sustained fire.
Note that they can't do anything about directed energy. They only work on projectiles.. it's just that ME hits lasers with the realism stick, relegating them to defensive weapons. Lasers also don't take advantage of the local space magic.
I'd say the general ME TL is more 10 with 12^ things left by the Reapers to guide development and evolution, like the Mass Relays and Citadel.
Nanotechnology is around, but in this universe the limitations of thermal dispersion, energy management, ect mean that it only functions in heavily controlled conditions. Omni-Gel is nano-tech that can be turned into almost any light, simple tool in an irreversible operation. It can also infiltrate and override many locks and control systems. It can even, when programmed and controlled by someone nearby and working in controlled conditions, break down unneeded items and equipment into useful raw materials.
This is where your thermal clips come from, by the way. Dead robots and broken weapons and other trash on the ground can be savaged for lithium and turned into disposable heat sinks.