Founded in 2013, Silent Eight is a RegTech firm that leverages Artificial Intelligence to help financial institutions combat money laundering and terrorism financing. Their core platform, Iris, is designed to investigate and resolve alerts generated by transaction monitoring, screening, and other compliance systems. By mimicking the process of a human analyst, the platform can make data-driven decisions on whether an alert is a true or false positive, significantly reducing manual work, increasing accuracy, and providing a clear, auditable explanation for every decision.