Quantexa win Microsoft Accelerator Award through Citi’s Tech for Integrity Challenge
Written by Quantexa
Published: 13th Nov 2018
Firm wins five-month Microsoft Accelerator support for its financial crime resolution software
Quantexa, the high growth big data start-up, today announced it would be entering a four-month accelerator programme with Microsoft, awarded for their data analytics technology which tackles financial crime.
The firm was a finalist in Citi’s Tech for Integrity Challenge, which is designed to encourage and reward innovators providing cutting-edge solutions that promote integrity, accountability and transparency. The challenge has several strategic allies including Facebook, IBM, Mastercard, PwC and Microsoft.
As part of the challenge, Quantexa was also a winner of the Microsoft Accelerator Award, which resulted on being selected for the four-month tailor-made program for market-ready start-ups looking to go beyond the development of their product by scaling their business. The accelerator will involve support from Microsoft on marketing, financing, strategy building and customer acquisition.
Quantexa will use the programme to develop a SaaS model of its real-time analytics technology to deliver seamless integration, enabling any business to adopt advanced customer analytics for a significantly lower cost. The company uses sophisticated entity resolution and network techniques to help businesses understand their data, and subsequently make better decisions.
David Burrows, Managing Director of International Organisations at Microsoft, commented: ‘We are delighted to award Quantexa the Microsoft Accelerator Award as part of the Citi Technology for Integrity Challenge. We look forward to supporting them in their growth, especially as their solution has such important applications in the world of financial crime prevention.’
Thomas Fairey, Director of Quantexa, commented: ‘We are immensely proud that our technology has been recognised by Microsoft for promoting integrity and transparency. We are looking forward to working closely with Microsoft and its partners in growing our business in order to help more customers tackle such a poignant issue.’
Quantexa enables companies and institutions to make better decisions from their data. Quantexa’s revolutionary technology is based on the latest developments in Big Data software and uses real-time entity resolution with network analytics and AI to knit together vast and disparate data sets and derive actionable intelligence. They are led by a team of experts with a collective experience of over a century in advanced analytics and data focused solutions. They are headquartered in London, with offices in Brussels and Sydney.
You may be interested in…
Quantexa joins Tomorrow Street to enable organisations to change the way they make millions of operational decisions every year
Tomorrow Street join Quantexa following successful $65m Series C funding round
Quantexa adds industry leaders to advisory board to support global growth drive
Former JP Morgan Chase CIO and ex-chairman of KPMG join Quantexa’s advisory board following successful $65m Series C funding round
Quantexa Raises $64.7m in New Series C Funding to Drive Hyper-Growth in Big Data and Analytics Ecosystem
Additional investments will expand quantexa’s global and industry footprint and its contextual decision intelligence platform as category-leading technology
Quantexa Brings Contextual Decision Intelligence to OFX to Fight Against Financial Crime
Leading foreign exchange and global payments provider OFX deploys Quantexa, utilizing Google Cloud Platform, to fight increasing industry financial crime risk and support regulatory obligations.
Dun & Bradstreet Partner With Big Data Company Quantexa to Tackle Financial Crime
Dun & Bradstreet and Quantexa have announced a new partnership that aims to empower businesses to make better, context driven decisions using innovative data and analytics to provide a detailed picture of connected relationships.
Standard Chartered and Quantexa Join Forces to Tackle Financial Crime With Contextual Decision Intelligence
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.
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.
Understand your customers, their business structures and supply chains. Make better lending decisions, faster. And support digital risk transformation.
Know Your Customer
Reduce significant manual effort across onboarding, refreshes and remediation. Automate checks, implement continuous monitoring, and focus on contextual decision making.
Generate a complete view of the context around your customers and prospects to build better relationships, reduce attrition and find hidden opportunities.
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.
See how we help to reduce costs and improve coverage for financial crime compliance.
See how our platform uses contextual analysis to turn data into a high value asset.
See how our platform uses financial crime technology to enhance your existing IT ecosystem.