Silent Eight Preps Transaction Monitoring Tool

The firm is testing the tool with a few clients before making it available to a broader audience.

One lit bulb surrounded by darker bulbs

Regtech vendor Silent Eight is preparing a transaction monitoring tool that will be rolled out in Q4 2020.

Martin Markiewicz, CEO at Silent Eight, says the tool, an extension of the company’s existing Name and Transaction Screening Optimization service, is already being used by some of its customers. 

“The only reason we’re not scaling this use-case yet is that I want to make sure it’s a nicely-packaged use-case—almost like a box into which you can just plug in your cables and start using it,”

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