What Silent Eight does

Silent Eight is a Singapore-headquartered technology company that builds AI-powered compliance software for Tier-1 global banks. Founded in 2015 through the JFDI.Asia accelerator program, the company pivoted from its original enterprise search product (Silent Eight Search) to focus on financial crime compliance (FCC). Its core platform, Iris 7, deploys policy-bound Agentic AI that executes financial crime decisions across sanctions screening, anti-money laundering (AML), fraud detection, trade surveillance, and complex customer due diligence. The platform has been operating in live production environments at major financial institutions since 2018, with named enterprise customers including HSBC, Standard Chartered, Emirates NBD, Mashreq, First Abu Dhabi Bank, and Abu Dhabi Islamic Bank.

The Iris 7 product architecture combines proprietary domain-trained models, retrieval-augmented generation (RAG) grounded in sanctions lists and policy libraries, deterministic adjudication that produces explainable and auditable outcomes, and a portfolio of pre-built AI Agents covering payment screening, customer screening, transaction monitoring, expert CDD, trade surveillance, adverse media screening, and regulatory horizon scanning. Technical differentiators include linguistic-nuance name screening AI tuned for East Asian, Arabic, and dual-Spanish-surname conventions, continuous learning loops that incorporate investigator feedback, and human-in-the-loop governance. The company claims up to 90% automatic alert resolution, up to 85% straight-through processing, false-positive reductions of up to 45%, and operational savings of 50% or more.

Silent Eight operates a B2B enterprise SaaS model, selling directly to financial institutions through field sales with multi-year contracts and proof-of-concept deployments. Pricing is quote-based with no publicly disclosed tiers. The company sells through thought leadership channels including its Financial Crime Chronicles blog and webinar series, white papers, executive forums (Silent Eight Synergy), and industry events. As of the latest disclosed round (March 2022 Series B), the company had raised approximately $55 million in total funding at a $134.6 million post-money valuation, with operations spanning APAC, EMEA, and expanding presence in the Middle East and AMER regions. The firm is privately held by founders (CEO Martin Markiewicz, CTO Michael Wilkowski, COO Julia Markiewicz) and institutional investors including TYH Ventures, HSBC Ventures, OTB Ventures, Wavemaker Partners, and SC Ventures.

Name

Silent Eight

Legal name

Silent Eight Pte. Ltd.

Website

https://silenteight.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Silent Eight is a Singapore-based AI company that provides policy-bound Agentic AI compliance solutions to Tier-1 global banks, executing sanctions screening, AML, fraud, trade surveillance, and due diligence decisions through its Iris 7 platform.

Ownership category

akta.pro rank

Product category

Financial Crime Compliance Software

NAICS

Security Systems Services (except Locksmiths) (561621)

SIC

Finance Services (6199)

akta.pro primary industry

Case Management, Investigations & SAR/STR Filing (FSAMAMAF)

Keywords

• Financial crime compliance
• AML screening software
• Sanctions screening AI
• Transaction monitoring
• Regtech compliance

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Enterprise SaaS Licensing: Silent Eight operates as a B2B SaaS company providing AI-powered compliance solutions to financial institutions. Their platform is deployed at Tier-1 banks globally, suggesting enterprise licensing agreements with financial institutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Silent Eight sells Iris 7, a policy-bound Agentic AI decisioning platform for financial crime compliance. The platform executes sanctions, AML, fraud, trade surveillance, and customer due diligence decisions at scale by replicating the investigative judgment of experienced analysts within governed, auditable frameworks. It is sold as enterprise SaaS to Tier-1 global banks and other financial institutions through multi-year licensing agreements.

Product overview

Silent Eight offers Iris 7, a modular policy-bound AI decisioning platform for financial crime compliance. The product portfolio centers on Iris 7 as the core AI platform, supplemented by two end-to-end solution suites: Payment Screening Suite and Customer Screening Suite. The platform also includes multiple pre-built AI Agents (Customer Screening Agent, Payment Screening Agent, Transaction Monitoring Decision Agent, Expert CDD Agent, Expert Screening Decision Agent, Trade Surveillance Agent, Horizon Scanning Agent, Adverse News Agent) plus capability-specific agents (Risk Data Manager, Case Manager) and a Custom Build option. These components work together as an integrated compliance operating model covering screening, detection, investigation, adjudication, transaction monitoring, behavioral analysis, case building, documentation, and quality assurance across the financial crime compliance lifecycle.

Differentiator

Problem solved

Functional benefit

Brands

• Iris 7: Policy-Bound Agentic AI for Financial Crime Compliance - AI platform that makes financial crime decisions at scale by replicating the investigative judgement of experienced analysts, delivering consistent, transparent outcomes across high-volume compliance operations.

Products and services

• Iris 7 Policy-Bound Agentic AI platform for financial crime compliance that executes high-stakes decisions at scale by replicating the investigative judgment of experienced analysts. Iris 7 AI Agents deliver consistent, transparent, auditable, and defensible outcomes across sanctions, AML, fraud, trade surveillance, and complex due diligence workflows, trusted by Tier-1 banks since 2018.
• Payment Screening Suite End-to-end AI decisioning system that screens, investigates, and resolves payment alerts related to sanctions and restricted counterparties, enabling compliant payments to be processed in real time while distinguishing genuine risk from non-material matches. Built on Iris 7 for financial institutions.
• Customer Screening Suite End-to-end AI solution that screens customers against sanctions, PEP, and adverse media data using AI Agents to investigate and resolve alerts, helping financial institutions detect real financial crime risk and distinguish genuine risk from non-material matches.

Quantifiable outcome

• Up to 90% of screening alerts resolved without manual intervention
• +6 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered major, flagship and minor.

• Emirates NBDmajorStrategic or Co-development Partner · 1 January 2023Partnership expanded across global banks during 2023-2024 period. Emirates NBD established new collaboration with Silent Eight as part of the company's international growth.
• MashreqmajorStrategic or Co-development Partner · 1 January 2023Partnership expanded during 2023-2024. Mashreq deployed cognitive-AI technology to strengthen its AML framework following its FATF grey-list remediation period.
• First Abu Dhabi Bank (FAB)majorStrategic or Co-development Partner · 1 January 2023Partnership expanded across global banks during 2023-2024 period. FAB established new collaboration with Silent Eight as part of the company's international growth.
• Abu Dhabi Islamic BankmajorStrategic or Co-development Partner · 1 January 2023Partnership expanded during 2023-2024. Abu Dhabi Islamic Bank established collaboration with Silent Eight as part of regional expansion.
• HSBCflagshipStrategic or Co-development Partner · 1 January 2021Multi-year partnership established January 2021. Following successful trial, HSBC integrated Silent Eight's alert resolution technology into its global FCC infrastructure. Partnership expanded in 2023-2024 to include transaction screening capabilities, supporting the bank's broader FCC operations.
• Standard CharteredflagshipStrategic or Co-development Partner · 1 July 2018First global financial institution to deploy Silent Eight's AI platform within its sanctions compliance operations since July 2018. SC Ventures, Standard Chartered's corporate venture capital arm, also participated in Silent Eight's Series A funding round.
• JFDI.Asia AcceleratorminorStrategic or Co-development Partner · 1 January 2015Silent Eight joined the JFDI.Asia Accelerate program in January 2015, one of the region's leading startup accelerators. During the program, the team developed Silent Eight Search, an AI-powered enterprise search platform.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Featurespace: Featurespace offers AI-based fraud detection and AML transaction monitoring using adaptive behavioral analytics for banks and payments providers. Its product overlap with Iris 7 in financial crime decisioning and its similar focus on Tier-1 financial institutions make it a direct competitor.
• ComplyAdvantage: ComplyAdvantage offers AI-driven AML and sanctions screening data, monitoring, and customer screening solutions to banks and fintechs. It overlaps directly with Silent Eight's Customer Screening Suite and payment screening capabilities and shares a focus on automation of compliance workflows.
• Quantexa: Quantexa provides a decision intelligence platform using entity resolution and network analytics for AML, KYC, and financial crime use cases at global banks. It directly competes with Silent Eight in AI-driven financial crime decisioning and shares Tier-1 bank customers and a similar enterprise SaaS GTM.
• ThetaRay: ThetaRay provides AI-driven transaction monitoring and sanctions screening for banks and fintechs, directly overlapping Silent Eight's AML and sanctions use cases. It targets Tier-1 banks and payment providers with AI-native decisioning, making it one of the closest comparables in the AI-native FCC segment.

Emerging players

• Lucinity: Lucinity provides an AI-powered AML compliance platform, including transaction monitoring, customer screening, and case management for mid-sized and Tier-1 banks. It is comparable to Silent Eight in product scope and target customer, though at a smaller scale and earlier stage.
• SymphonyAI: SymphonyAI offers AI applications for financial services including AML and financial crime detection, targeting large banks with verticalized AI products. It is comparable to Silent Eight in the application of AI to FCC workflows, though it operates a broader portfolio of financial services AI solutions beyond core AML.

Broad incumbents

• NICE Actimize: NICE Actimize is a long-established FCC platform offering AML, sanctions, fraud, and trading surveillance to the world's largest banks. It directly overlaps with Iris 7's use cases but operates as a broader incumbent suite rather than an AI-native specialist, making it the principal incumbent competitor for Tier-1 RFPs.
• Oracle Financial Services Anti Money Laundering: Oracle's FCC suite provides AML, transaction monitoring, and sanctions screening capabilities tightly integrated with its core banking software at large global banks. It is a broad incumbent with overlapping AML and sanctions use cases, frequently competing with Silent Eight in Tier-1 replacement decisions.
• FICO: FICO's fraud and financial crime solutions include AML and fraud analytics used by global banks. While broader than Silent Eight in scope, it competes directly in AI-driven FCC decisioning at Tier-1 institutions and shares overlapping use cases in transaction monitoring and fraud detection.
• SAS Anti-Money Laundering: SAS provides an enterprise AML and fraud analytics platform used by many Tier-1 banks. Its broad analytics heritage and incumbent status make it a direct, large-scale competitor to Silent Eight's AML and sanctions capabilities across global financial institutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/silent-eight

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds7 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Silent Eight