About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

HSBC Extends Partnership with Silent Eight to Include AI-based Transaction Screening Solutions

Subscribe to our newsletter

HSBC has expanded its partnership with Silent Eight, a RegTech firm that partners financial institutions to fight financial crime, with the implementation of the company’s Automated Alert Closure for Transactions, a solution that automates investigation and resolution of alerts in real time. The company already provides HSBC with name screening and adverse media automation solutions.

“In the realm of financial transactions, precision is paramount,” says Chris Pratt, group head of transaction screening at HSBC. “Working with Silent Eight is not only about driving efficiency in screening, but also about ensuring accuracy. Our further investment in Silent Eight technology underscores our strategy to deliver safe automation and improved outcomes for our customers.”

Ben Rayner, regional head for UKI and EMEA at Silent Eight, adds: “HSBC has demonstrated its ongoing commitment to operational excellence and innovation within financial crime. We are proud of our long-standing relationship with the company and its desire to adopt cutting-edge technology to reach its goals.”

Silent Eight uses AI to automate the alert screening investigation and closure process by replicating human reasoning and decision making based on historical case data and continuous learning. It helps financial institutions reduce false positives, increase accuracy, and enhance auditability of compliance operations. The company is headquartered in Singapore, has offices in New York, London, Warsaw, and Bangalore, and names not only HSBC, but also Standard Chartered and First Abu Dhabi Bank among its customers.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Detecting and preventing market abuse

Market abuse – unlawful disclosure of inside information, insider trading, circular trading, “pump and dump” schemes, etc. – poses significant threats to the integrity of capital markets. In 2024, global trading house Trafigura agreed to pay a $55 million fine to the U.S. Commodity Futures Trading Commission (CFTC) for trading with non-public information, manipulating a...

BLOG

FinScan Data Quality Chief Seeks to End Compliance Failure Excuses

The dog ate my homework. The train was delayed. The postman mislaid your birthday card. At one time or another, we’ve all used a weak excuse to forestall censure for an error of behaviour or judgement. And mostly, we’ve got away with it. In financial regulatory compliance, however, excuses won’t wash. Especially when it comes...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...