Key Takeaways
- Financial crime activity is accelerating at an unprecedented pace, and currently, the good guys are losing the war. The United Nations Office on Drugs and Crime estimates that between 2% and 5% of global gross domestic product is laundered annually, which translates to between US $800 billion and US $2 trillion per year.
- Firms require the ability to ingest large volumes of data from multiple sources, reconcile the data into a single customer view, and uncover the networks within the data that can underpin models to detect patterns indicative of financial crime and other risks.
- The good news is that technology has progressed rapidly over the past few years, and a variety of advanced analytical techniques can help banks turn their data into intelligence.
Quantexa’s Solution
Quantexa’s entity resolution, dynamic segmentation, and link analysis technology is a leading solution for the major challenges organizations face in financial crime, customer insight, and data analytics. Our technology fully addresses key functionality across automated ETL validation, entity resolution, dynamic segmentation, and network link analysis. We offer investigative search, global privacy data compliance, integrated platform, open standards, and can scale up to 60 billion records.
Read more about our capabilities and why our solution is a leader for financial crime detection:
You may be interested in…
Empower Data-Driven Decision-Making & Cultivate a Dynamic Customer View
Discover how a fresh approach to single customer view can offer truly dynamic insight and revolutionize your company’s decision-making process.
Preventing First Party Lending Fraud Using Data
As regulators turn their attention to intelligence-led investigations, how can new technology drive value from data and streamline investigation processes? Learn more.
Harnessing Decision Intelligence: Improve Data Models Using Contextual Data Fabrics
Decision intelligence is the evolution of business intelligence, and it is enabling organizations to automate operational decision making at scale. But how can you develop decision intelligence within your organization? Find out in our latest webinar.
Implementing Emerging Technologies – AI & Machine Learning and Graph, with Data Governance & Ethics
Join Quantexa and PwC for a discussion on how technology – such as AI, Machine Learning and Graph – can help organizations bridge the data decision gap to become more efficient, uncover useful customer insights and drive business value.
Unraveling the Risk of Trade Finance: Webinar Recording
Quantexa’s Alexon Bell, Chief Product Officer and Clark Frogley, America’s Financial Crime Solution Leader discuss the major challenges faced in trade – and why now is the time to enhance your AML systems.
Define Your Global Approach to Claims & Fraud with Data-Driven Intelligence
In this webinar, discover how centralized approaches across data and operations are key to improving the effectiveness of insurance claims and fraud processing.
Better decisions start here
See how our Contextual Decision Platform transforms every operational decision you make.
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.