• Quantexa officially announces its intent to join the bid process for the procurement of a £360 million Federated Data Platform within the NHS 
  • The five-year contract will harness technological breakthroughs to drive transformation across the NHS and social care  
  • Quantexa is the first organization to publicly announce its decision to join the procurement process, which is expected to be awarded in H1 of 2023

LONDON UK, 5th October 2022 – Today Quantexa – a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced its intent to participate in NHS England’s procurement process for a Federated Data Platform (FDP). 

 

The five-year £360 million contract for the FDP is part of the UK government’s digital agenda to harness technological breakthroughs and drive transformation across the NHS and social care. It will serve as an essential enabler to transformative improvements across the health system and create an ecosystem of technologies and services. 

 

The project – which connects fragmented data across 42 Integrated Care Systems (ISCs) – will integrate and connect patient and other external data sources across the health system, supporting clinicians and other healthcare professionals (HCPs) to make real-time decisions more effectively. It also has the capability to benefit broader public health by supporting the NHS in looking at anonymized data from different regions to spot patterns or trends – such as Covid-19 – that will increase efficiency and outcomes for patients. 

 

Quantexa is one of the fastest growing global tech companies headquartered in the UK. The company has vast experience solving tough data unification challenges in complex organizations across multiple sectors with its ground-breaking Decision Intelligence software technology. Today, Quantexa is working with some of the largest and most complex data driven organizations, including global banks such as HSBC, BNY Mellon, and Standard Chartered. It also has proven capabilities delivering large-scale data management projects in government, including working on COVID-related projects with the Cabinet Office. This makes Quantexa’s technology well-placed to connect the NHS’ wealth of data and aid the service in putting it to work, driving operational efficiency and better health outcomes for patients. 

 

Quantexa has confirmed that its bid will be based on the NHS and ICSs owning the technology themselves and retaining autonomy to build the services they need, while adapting the platform as those needs evolve. With open standards and open architecture, it will be possible to combine different solutions from NHS’ existing technology investments, multiple providers, and trusted experts, to provide the organization with best in-class solutions and capabilities that ensure the platform delivers long-term value while remaining in the hands of the NHS.  

 

Vishal Marria, CEO at Quantexa, commented: “The NHS puts every single one of us at the heart of what it does. We all witnessed first-hand the truly inspiring, brave, and selfless work our unsung heroes did during the pandemic. And we’ve all in our own unique way felt a sense of gratitude or relief to have the NHS by our side at one point or another”. 

 

“The FDP programme offers us a once-in-a-generation opportunity to transform health and care in the UK. As a British company based in the UK, we know it is critical to find the right balance between leveraging data to modernize our systems to make them more effective and building approaches and controls that inspire trust and confidence. 

 

“Our bid will focus on using ground-breaking technologies, entity resolution and advanced graph analytics, to stitch together the billions of fragmented data points inside and outside the NHS to accelerate and improve decision making. It will be built on an open architecture, enabling the NHS to migrate legacy applications and data versus investing in costly upgrades. Finally, it will ensure that the platform stays firmly in the hands of the NHS itself both today and in the future.” 

 

If awarded the tender, Quantexa is ready to work with partner organizations in a range of discipline areas including Systems Integration, data management, data quality and IT security to ensure the success of the project.  

 

For more information on Quantexa’s intent to bid, its technology stack, experience, and vision for the FDP, please visit Quantexa’s dedicated web page

 

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.

 

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