Current transaction monitoring investigations use a tick-box approach
Your investigators are dealing with unmanageable amounts of false positives. There’s only so much they can do without the right data.
The cost of compliance is rising
Adding more people to investigation teams will continue to get more expensive. But existing AI models aren’t delivering results or meeting regulatory requirements.
Your investigators don’t have the context they need
Investigations teams don’t have the time to analyze millions of transactions effectively, elevating the risk of missing key information.
Manual, research-orientated processes miss risk
Investigators gather data from several internal and external systems to find relevant facts, but lack the tools to consolidate it into a single view to accurately find patterns of high-risk activity.
Data quality and deliberate obfuscation increases errors
It’s difficult to make connections between records and validate relationships to investigate entities. This process is error-prone and increases your risk.
What you don’t know can harm you
Without understanding the relationships and connections between all entities in an investigation, you risk missing key information: the unknown unknowns.
Quantexa’s AI platform will allow us to conduct complex financial thematic investigations more efficiently and effectively, demonstrating our ongoing commitment to uphold the highest global standards in compliance and risk management.Bill Winters, Group Chief Executive, Standard Chartered Bank
Contextual Decision Intelligence for investigations
Our platform improves the operational aspects of L1 and L2 investigations, and empowers seasoned investigators to mitigate risk by revealing relationships between customers, transactions and organizations.
So your L1, L2 and L3 investigators can:
- More effectively and efficiently identify and triage risk
- Uncover new risks to ensure coverage
- Complete complex investigations more effectively
- Respond quickly to requests for information
Up to 80% faster investigations
Handle 2-3 times more alerts per hour
Empower more efficient operational investigations
Increase the efficiency, effectiveness and consistency of your investigations by removing manual checks and integrating with existing solutions. Harness the power of networks to deliver operational savings and uncomplicated views to investigators.
Add context to your
complex investigations
Help your experienced investigators complete complex financial crime investigations and respond quickly to requests for information.
1
2
3
Add entity resolution
to existing capabilities
Remove the need to gather data by automatically joining relevant data records to create a single view of customers and their counterparties.
2
Reveal the networks
your customers operate in
Uncover connections between transactional, ownership and social relationships to reveal suspicious behaviors and networks, and rapidly identify mitigating factors.
3
Conduct more efficient and effective investigations
Create risk scores and mitigating factors to automate the pre-analysis of alerts, prioritize and highlight risks, and empower rapid and accurate decision-making.
1
2
3
Add data from
all key sources
Automatically aggregate billions of data records from internal and external sources to identify relevant connections, regardless of data quality or attempts by criminals to obfuscate illicit activity.
2
Generate a contextual view of
customers and transactions
Automatically recreate manually drawn networks of relationships to highlight key risks. Support the expansion and exploration of these networks to the full extent, ensuring all key aspects of the risk are identified.
3
Uncover new
hidden risks
Generate a greater understanding from your data through faster automated analytics and investigations that focus on major risks without the burden of manual data and information gathering.
The benefits of intelligence-led investigations
Create a 360-degree view to reduce investigation time, improve visibility of major threats, and automate explainable risk models to investigate every alert as your best investigators would.
Create a single customer view
Use billions of records, including KYC, transactions and SWIFT data.
Rapid time to value
Deliver an operational capability in production in less than six months.
Speed up operational investigations
Triple the alerts per hour that an L1 or L2 investigator can handle.
Secure access to data
Control what data can be accessed by users, based on role, geography and sensitivity.
More efficient complex investigations
Increase productivity by more than 80% through automated data gathering and risk-highlighting.
Quickly identify false positives and alerts for escalation
Adopt a rapid close process to expedite obvious false positives and escalate clear risk automatically.
Use intelligent search
Conduct exact, partial or fuzzy searches for any profile of interest, and retrieve resolved entities across internal and external data sources.
Co-exist with transaction monitoring systems
Enrich and prioritize new and existing alerts with internal and external data sources.
Standard Chartered Bank
Revolutionizing financial crime with intelligence-led investigations
Standard Chartered Bank implemented Quantexa technology to conduct more effective and efficient thematic financial investigations.
The enhanced capabilities provided by the Contextual Decision Intelligence platform enables Standard Chartered Bank to gain a holistic view of investigations and risk across billions of data points from more than 40 countries.
By automating manual data gathering, the bank’s investigators can focus on finding true risk and ensure improved consistency throughout investigations.
Why use the Quantexa platform
Build once, use many, ingest to create a single view with networks
Apply your data to multiple use cases—without replicating data sets.
Make faster,
more accurate decisions
Use context to improve decision accuracy across the organization, find new opportunities and uncover risk.
Scale to billions of records
in batch or real time
Built on proven, scalable open source technologies like Hadoop, Spark and Elastic.
Future-proofed open architecture
Integrate seamlessly into your existing IT ecosystem, with flexible deployment options: native, or containerized for private and public cloud.
Ensure data transparency
Use explainable data linking, advanced AI and decision models for regulatory compliance.
Keep your data secure
Rely on granular security levels for dynamic control, with all activity audited.
Speedy time-to-value
Operationalize your data in a matter of months – not years.
Overcome data
quality issues
Use entity resolution and data volume to overcome missing or poor quality data.
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