Mashreq Partners with Silent Eight for Compliance Alert Adjudication [Yahoo! Finance]
HSBC Holdings, plc. (HSBC)
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hsbc.com/investor-relations
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Source: Yahoo! Finance
Silent Eight's groundbreaking platform allows financial institutions to reduce manual workloads and risk while maintaining sustainable growth plans. DUBAI , UAE and SINGAPORE May 8, 2024 /PRNewswire/ -- Mashreq, a leading financial institution in the MENA region, today announced that it has selected Silent Eight to provide Name Screening and Adverse Media Alert Adjudication automation capabilities related to sanctions and anti-money laundering regulatory requirements. Silent Eight is a pioneering RegTech company whose artificial intelligence-based platform offers solutions across the compliance workflow. This strategic partnership will allow for Mashreq to maintain its innovative solution offerings, reduce workflow and resolution times for compliance alerts, and identify true risks in a faster and more efficient way. Under the partnership announced today, Silent Eight will provide Mashreq with a solution for Alert Adjudication, in which alerts related to potentially risky or pr
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