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.’
About Quantexa
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…
KPMG in the UK & Quantexa Collaborate to Deliver Contextual Decision Intelligence Solutions
KPMG will deploy Quantexa’s CDI software to enable clients to unlock the power of their data and combat an international financial crimewave.
Quantexa Wins ‘Leadership’ Category at Sibos Discover Perfect Pitch
Quantexa is the winner in the Leadership category at Sibos Discover Perfect Pitch 2021. Watch the full entry pitch here.
Quantexa Makes CB Insights 250 List of Top Fintech Startups
CB Insights has named Quantexa to the fourth annual Fintech 250, honoring the firm for achievements in Regulation and Compliance. Read more.
BNY Mellon Invests in Quantexa Technology
BNY Mellon has completed a strategic investment in Quantexa to close its series D led by Warburg Pincus. Find out more.
Quantexa named AML industry leader in Aite-Novarica Matrix Award
Quantexa has been awarded ‘AML Innovation of the Year’ at the Aite-Novarica Group AML Impact Innovation Award.
Quantexa Wins Google Cloud 2020 Industry Solutions Partner of the Year Award
With Google Cloud, Quantexa’s CDI platform helps organizations to achieve 60x faster data resolution and 90% greater model accuracy.
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.
Know Your Customer
Reduce significant manual effort across onboarding, refreshes and remediation. Automate checks, implement continuous monitoring, and focus on contextual decision making.
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 with Syneo
Syneo 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.
Syneo for 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
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.