When Russian forces attacked Ukraine last month, the U.S. and its allies imposed strict sanctions on doing business with the eastern power, cutting off more than half of Russia’s high-tech imports and restricting its access to technological inputs.
As those sanctions have been added to on a seemingly daily basis, companies have been left to scramble to make sure they are complying—many with the help of a sector that is often not talked about but is very much growing.
“This is not a sexy space,” said Martin Markiewicz, CEO and co-founder of Silent Eight—which leverages AI to create custom compliance models for financial institutions. “But it is hard, especially when you have to do it at a global level.”
Russian sanctions, soaring VC investment put spotlight on growing compliance tech industryRead More
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Analysis, International, Legal
