LONDON, 23 August 2022. Today Quantexa, a global leader in helping organizations unify, contextualize, and act on their data for trusted decisions, announced that it has been chosen by the Crown Commercial Service (CCS) to be a supplier for its Big Data and Analytics procurement framework.
The framework will allow government departments and local authorities to choose from a range of best-in-class specialist suppliers to help unlock the value of data and improve public sector services. The framework will cover up to £2bn of potential spending over a four-year period, from 2022 to 2026.
Quantexa will respond to tenders for commercial off-the-shelf (COTS) software specifically for big data and analytics capabilities. The company’s technology will help government services use data from their legacy systems and create a better understanding and single view of citizens, businesses, or organizations across a broad range of use cases including citizen insight, counter fraud, data intelligence and data management.
Vishal Marria, CEO at Quantexa, commented: “We’re proud to be selected by the CCS as a potential vendor for this framework. The National Data Strategy highlighted how essential it is for the government to automate the interrogation of their data more effectively to improve public services.”
He added: “Quantexa’s Contextual Decision Intelligence (CDI) Platform has already been selected by the Cabinet Office to detect fraud in the COVID-19 loan schemes and assist in the fight against financial crime. We look forward to the opportunity to deliver best-in-class entity resolution, graph analytics, scoring and alerting frameworks to other departments and across the public sector to help them use their data at scale to unify their data, manage risk, ensure compliance, and identify opportunities for efficiency.”
ABOUT QUANTEXA
Quantexa is a global data and analytics software company pioneering Contextual Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.
The Quantexa Contextual Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 500 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Washington DC, Brussels, Toronto, Singapore, Melbourne, and Sydney. For more information, contact Quantexa here or follow us on LinkedIn.
Media Inquiries:
C: Dan Bird, Director, Fight or Flight
C: Stephanie Crisp, Associate Director and Media Strategist, Fight or Flight
C: Adam Jaffe, SVP of Corporate Marketing
T: +1 609 502 6889
E: [email protected]
– or –
[email protected]
You may be interested in…

Independent Research Firm’s Master Data Management Landscape 2023 Report Lists Quantexa Among Notable Vendors
Quantexa has been recognized as a notable vendor in the Forrester report, The Master Data Management Landscape, Q1 2023.

Enterprise Decision Makers Recognize Data Isn’t Trusted When Making Decisions In Their Organization
New research reveals the top priorities for UK Data and IT decision makers in 2023 as they drive strategic, operational, and tactical decisions during global uncertainty

Cutting Edge Data and AI Tech to Help Government Hunt Down Fraudsters
Quantexa’s Decision Intelligence Platform will be implemented to fight economic crime, targeting public services and modernizing the civil service.

QuanCon 2023: Protect, Optimize, Grow
QuanCon, an exclusive conference for executives and organizational decision makers, will take place on February 28th, 2023, at London’s Royal College of Surgeons

Quantexa named ‘Best KYC Data Solution’ at RegTech Insight APAC Awards
Quantexa has been awarded Best KYC Data Solution at the 2022 RegTech Insight APAC Awards. Learn more about the recent win.

Quantexa Positioned as a Category Leader in 2023 Chartis RiskTech 100 Report for Trade-Based Money Laundering Solutions
Quantexa’s Decision Intelligence Platform has been recognized as a category leader in the Chartis RiskTech100 report for Trade-Based Anti-Money Laundering Solutions.
Related Solutions

Tax Authorities
Reduce the tax gap, identify fraud and non-compliance, and operate as efficiently as possible with limited resources.

Anti-money laundering
Reveal hidden risks and detect criminal activity faster. Reduce false positives to manage the cost of compliance. And improve investigations to make faster and more consistent decisions at scale.

Customs Agencies & Border Control
Contextual Decision Intelligence enables faster decisions, increased revenue collection and enhanced compliance. The Quantexa platform enables Customs and Border agency teams to analyze data successfully, automate and accelerate decision-making, and achieve improved results.

Fraud
Identify potentially fraudulent activity by looking at people or transactions in isolation. Understand the context surrounding the organizations you do business with to make fast, accurate decisions.

Fraud, Waste & Abuse
Empower your team with the best tools available for today’s challenges to identify and prevent fraud, waste and abuse with contextual decision intelligence software.

Credit Risk
Understand your customers, their business structures and supply chains. Make better lending decisions, faster. And support digital risk transformation.

Customer Intelligence
Generate a complete view of the context around your customers and prospects to build better relationships, reduce attrition and find hidden opportunities.

Revolutionize Your Financial Crime and Fraud Detection

Investigations
Enhance the efficiency, effectiveness and consistency of your operational and complex investigations to empower your teams to expose and understand risk faster.

Master Data Management
Connect all data—internal and third party—to create a joined-up, contextual view of all the relationships between your customers and every other domain.

Compliance
See how we help to reduce costs and improve coverage for financial crime compliance.

CDO
See how our platform uses contextual analysis to turn data into a high value asset.

CIO
See how our platform uses financial crime technology to enhance your existing IT ecosystem.

Healthcare
Reduce the tax gap, identify fraud and non-compliance, and operate as efficiently as possible with limited resources.

Contextual Monitoring
Reveal hidden risks and detect criminal activity faster. Reduce false positives to manage the cost of compliance. And improve investigations to make faster and more consistent decisions at scale.

Unified CRM Solution

Know Your Customer
Reduce significant manual effort across onboarding, refreshes and remediation. Automate checks, implement continuous monitoring, and focus on contextual decision making.

Growth and Retention

Contextual Engagement
Generate a complete view of the context around your customers and prospects to build better relationships, reduce attrition and find hidden opportunities.

Data Management
Connect all data—internal and third party—to create a joined-up, contextual view of all the relationships between your customers and every other domain.

Connected Customer View
Generate a complete view of the context around your customers and prospects to build better relationships, reduce attrition and find hidden opportunities.