Overview：
Use of the AI platform "Iris" will optimize the AML and CFT responses of financial institutions, and contribute to cost reductions.

Advantages of our technology：
Recently, AML/CFT-associated costs expended by financial institutions have increased by 19% each year, which has begun putting pressure on revenues. Furthermore, the number of parties subject to sanctions lists established by regulatory organizations has been increasing, and the financial crimes departments of financial institutions are being forced to respond to such parties on a daily basis. These financial institutions will be expected to optimize their work operations while complying with each type of regulations as they increase in number. Our Company’s AI platform, “Iris,” processes the various alerts issued to the financial crimes departments of financial institutions in an “explainable” format and recommends survey results. Iris continuously studies and learns the unique models and policies of the financial institutions that implement the program to realize decision-making for alerts that are both accurate and broad. Thanks to Iris’s ability to provide visually apparent results in the form of massive cost improvements and DX advancements, it is being used at various major global banks such as Standard Chartered Bank and HSBC.

Our business model：
When financial institutions incorporate our AI and platform into their AML, sanctions list, or transactions screening processes, they will be able to realize major cost reductions.

Our aim for business：
[Target department / division/ companies]
Targets: City banks, regional banks, credit unions, credit card companies, insurance companies, securities companies Departments: Financial crime countermeasures departments, compliance departments, legal departments, digitalization advancement departments

[Principle Objective of exhibiting at GIF]
To find partners for technical tie-ups
To find PoC partners
To find sales users

URL：
https://silenteight.com/