In March 2018, HSBC launched a Global Social Network Analytics platform to tackle financial crimes like money laundering, human trafficking and terrorist financing. This platform provides a comprehensive view of the bank’s customers through entity resolution and network analytics to leverage data dynamically, empowering the investigators to identify financial activity.
How Quantexa helps HSBC to intelligently detect and disrupt illicit activity
By creating a holistic view of the customer through its proprietary software, Quantexa’s platform provides the bank with the ability to analyse data in an innovative, dynamic manner. As a result, investigators can find previously unidentified risk and suspicious customer activities and relationships.
What insights has Quantexa helped HSBC uncover?
By enriching customer data with external sources, HSBC has been able to:
- Identify patterns and potential criminal activity in broader networks that might not be possible with legacy systems
- Identify financial crime threats to the bank and the broader financial system
- Build networks to form a complete, holistic view of its customers
- Build networks to identify potential illicit activity among customers and their counterparties
Download this report to find out how our entity resolution and network analytics technology helped HSBC to tackle financial crime.
You may be interested in…
Raising the Bar of AML Detection and Investigations with Contextual Decision Intelligence
Financial institutions across the globe are facing increasing and evolving money laundering and financial crime threats. Regulators have imposed a […]
7 Steps to Maximize the Value of Your Data with Contextual Decision Intelligence
How to Generate Commercial Value Through Customer Intelligence
Customer intelligence is critical for business success. Learn how to harness the power of customer context to generate commercial value.
How to Better Understand Your Customers Using Context
With laborious onboarding, refresh and remediation processes, the challenge of KYC compliance is continuously growing. Find out how a contextual approach helps you to reduce the time and cost of KYC by increasing automation and leveraging decision intelligence for continual monitoring.
IDC: Achieving Greater Business Value Through Data Using Decision Intelligence Based on Context
Download the topline Infobrief from IDC, which introduces their latest research and analysis on how companies can successfully build contextual data platforms to extract significant business value.
Contextual Decision Intelligence: Raising the Bar of AML Detection and Investigations at HSBC
In this webinar, leaders from Quantexa, Aite Group, and HSBC explore next generation AML technology and how organizations can transition away from manual processes and legacy systems.
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.