Silent Eight

Innovative protection of financial systems

ABOUT THE PROJECT

Silent Eight is a RegTech company developing an AI platform to combat financial crime (AML, sanctions screening, economic risks) for financial institutions. Its solutions are designed to help banks and compliance teams identify real risks faster and reduce false positives, without sacrificing control and auditability.

The core of the offering is the Iris 6 platform – an “end-to-end” AI system supporting compliance processes, with a workflow layer (e.g., audit logs, access control, versioning) and an emphasis on decision transparency.

Silent Eight also emphasizes the “Humans & AI” approach – combining automation with expert oversight to make decisions explainable and ready for regulator requirements.

WHAT NEEDS DOES THE INNOVATION ADDRESS?

In compliance, the biggest operational cost is mass alerts and manual investigations. Silent Eight addresses this problem by automating the analysis and “adjudication” of alerts so as to:
– separate real risks from hype (false positives) faster,
– increase consistency of decisions and ease of audit (traceability),
– support organizations in meeting growing regulatory and data security requirements.
The company communicates the global reach of deployments (operating in multiple markets) and cooperation with large financial institutions, which is said to confirm the maturity of the solution.

COMPETITIVE ADVANTAGES

Silent Eight is developing a clarified, “regulation-ready” artificial intelligence that works in close collaboration with human oversight to ensure full auditable decision-making and the high level of control required by regulators. At the core of the solution is the Iris 6 platform – a single, integrated environment for detecting, analyzing and handling compliance alerts, including workflow management, audit logs, access control and transparency of AI models. As a result, Silent Eight offers a solution that is scalable and ready for practical implementations, which operates in many markets and is used by global financial institutions, including large banks.

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