RegTech Silent Eight: FinCrime Solutions in Demand
Founded in Singapore in 2013 and with global hubs in New York, London, and Warsaw, Silent Eight is looking to hire across all its offices.
«Currently, we see huge demand globally, including in Southeast Asia. Singapore, particularly, remains a global epicenter of innovation and we have been fortunate to have found continued support and enthusiasm within the region,» Martin Markiewicz (pictured above), Silent Eight founder and CEO, told finews.asia.
To manage the growing demand and increased appetite for innovative solutions, the company is hiring across all its offices, Markiewicz said.
HSBC Deployment
The Singapore-headquartered regulatory technology (regtech) company just signed a multi-year agreement to support HSBC in enhancing its compliance operations with its AI-powered solutions, following a successful trial period.
This will help HSBC improve its manual processes and existing statistical models to decrease risk and simultaneously increase efficiency, Silent Eight announced in a statement on Wednesday.
«Given the growth in alert volumes, and unpredictable spikes driven by global volatility, we saw an opportunity with Silent Eight that would give us the ability to close alerts quickly and accurately,» Matt Brown, HSBC group head of compliance services, said in the statement.
