Silent Eight is a pioneering developer of AI powered solutions for customer screening and transaction monitoring covering the areas of anti-money laundering and combating terrorism financing.
Silent Eight offers a customer screening and transaction monitoring platform, Silent Eight, which enables users to search and get relevant information from their systems and applications in an enterprise through machine learning and natural language processing.
Silent Eight was founded in 2013 by Martin Markiewicz. The company is headquartered in Central Region, Singapore, with offices in New York, London and Warsaw, Poland.
Silent Eight’s platform claims to avert fraud by learning how to conduct investigations from past alerts. It recognizes anomalous behavior by drawing on databases and watchlists and provides a degree of transparency regarding financial decisions.
Silent Eight's systems can scan structured, semi-structured, and unstructured databases in a range of formats, such as online news articles, screening engines, and case management systems. It can also process petabytes of data to identify potential relationships. For each solved alert, Silent Eight outputs a decision with a summary of supporting evidence and reasoning.
Silent Eight is backed by OTB Ventures, SC Ventures, Wavemaker Partners and others. The company raised a new financing on Oct 18, 2020. This brings Silent Eight's total funding to over $15M to date. Silent Eight was ranked 89th on the 2017 Fintech100 List.