Press Release | 2020-08-20

World Trade Centre Accra Partners with Global RegTech Silent Eight to Strengthen Capacity of African Financial Sector for Fighting Financial Crime

A full-day session to identify new cyber threats facing Ghana and the West African sub-region in the midst of the global pandemic will take place 27 August 

Accra, Ghana: The World Trade Centre, Accra (WTC-Accra) announced today that it will assemble a diverse, global faculty of thought-leaders and innovators to examine the changing paradigms of financial crime, and specifically how digital technology offers new solutions to manage and eliminate these challenges. The goal of the one-day session, scheduled for 27 August at 2:00pm GMT, is to offer African governments and regulators new opportunities to improve their countries’ international financial ratings.

The session is the first of its kind and represents a move by the WTC Accra to focus on technological advancements that will both safeguard and improve Africa’s status in the global financial marketplace. Silent Eight was selected as a technology partner for the session because of its award-winning AI that enables banks and other financial institutions to successfully manage their AML and compliance obligations. 

“The recent COVID-19 pandemic has accelerated digitization processes that were already in motion around the world. Now more than ever, companies and nations rely heavily on completely virtual platforms to execute financial transactions of varying complexity and volume,” said WTC, Accra Executive Director, Edem Kofi Yevutsey.

“The increasing prominence of African economies and their integration into all facets of the global financial system mean that if African countries are not adequately prepared to deal with some of the challenges facing the global financial system, they could become the link that weakens the entire system.”


Moderated by former Moody’s Compliance Officer and securities market investigator Scott McCleskey, the roundtable will feature Sampson Akligoh, the Director of Financial Services, Ministry of Finance, Ghana, Matthew Leaney, Chief Revenue Officer of Silent Eight, Marcus Swanepoel, Business Solutions Manager of Temenos, Middle East and Africa, and George Nkrumah, Head of Financial integrity, Bank of Ghana.

The webinar will showcase some of the latest innovation and technology such as Artificial Intelligence (AI), data science, and machine learning that may be used to combat international financial crimes, cyber fraud and money laundering.  

To register your interest or learn more, visit: http://www.wtcaccra.com//event/form/index.php

About WTC Accra: The Accra World Trade Centre Limited Is a Private Limited Liability Company duly registered under the laws of Ghana and licensed by The World Trade Center Association (WTCA). The mission is to serve as a doorway to a world of global trade opportunities for companies in Ghana and the West African sub-region as well as a soft-landing pad for international commercial interests seeking to take advantage of exciting opportunities in Africa.
About Silent Eight: Silent Eight is an award-winning RegTech that helps financial institutions manage their compliance and risk obligations. The company leverages artificial intelligence and machine learning to improve their name, transaction, and entity screening processes; weed out money laundering and terrorist financing; reduce manpower and compliance risks; and enable better decision making. They are currently used by Tier 1 global banks and have regulatory approval in over 70 markets.

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