Quantexa has been named a 2023 Technology Leader in Quadrant Knowledge Solutions’ Anti-Money Laundering (AML) SPARK Matrix. 

 

The Quadrant Knowledge Solutions’ SPARK Matrix™ includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The report provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK Matrix™, and offers strategic information for users to evaluate different provider capabilities, competitive differentiation, and market position. 

 

 

The report identifies Quantexa’s contextual monitoring capabilities as a key differentiator, enabling improved understanding of the relationship between people, places, and organizations. It also noted that its recent acquisition of Aylien will add advanced Artificial Intelligence (AI) and Natural Language Processing (NLP) capabilities to “extract intelligence for crucial decision-making” and enhance the company’s offering to the global data and analytics software market. 

 

As a leading vendor, the report recognizes Quantexa  as having the highest technological value proposition and a good customer base with a considerable number of deployments worldwide. Its Decision Intelligence platform has also been identified as providing all the required capabilities of a powerful AML solution. 

 

 

Financial crime is one of the great challenges facing both organizations and society today, and criminals are using ever more sophisticated techniques to evade detection. Traditional systems are struggling to handle the scale of the challenge, making it harder for investigators to respond with confidence and speed. The results of Quadrant’s study not only endorse Quantexa’s deep AML expertise and advanced technological capabilities, but also our approach to tackling our customers’ most critical challenges head-on to deliver rapid value.

Vishal Marria, CEO at Quantexa

 

 

The Quadrant AML SPARK Matrix 2023 study evaluates 22 suppliers across 10 key capabilities in the AML software category, helping financial institutions to identify the best-fit solution for their requirements. The evaluation criteria assess and rank vendors on several parameters related to Technology Excellence and Customer Impact to decide their position on the Matrix.  

Reveal Hidden Risk & Detect Criminal Activity Faster

Quantexa’s Decision Intelligence platform is already trusted by the world’s leading banks, fintechs and regulators in the fight against fraud and financial crime, protecting data privacy, and upholding regulatory compliance.

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