Customs and Borders agencies face extremely tough challenges
They are responsible for enforcing compliance, collecting revenue, and ensuring security, but also for facilitating trade and keeping goods moving as quickly as possible.
These mission objectives can often be in direct conflict.
With 7 to 10 percent of global trade estimated to be illicit, the financial stakes are extremely high.
Improve trade rules compliance and increase security
The Quantexa platform enables you to better utilize and integrate existing data from external sources for improved insight and risk assessment, with unparalleled speed and scale.
- Identify high-risk shipments for inspection with more accurate scoring
- Reveal links between shipments and prior violators, shell companies, and other risk factors
- Identify previously unknown relationships to identify high-risk travelers
- Quickly spot potential VAT carousel fraud, in which rapid discovery is critical
- Reward trusted individuals or firms with faster approvals and clearance
increase in accuracy
scale to over 66bn records
The benefits of using CDI for Customs and Border agencies
Increase risk scoring model accuracy
Our Entity Resolution enables more accurate identification of individuals and organizations, and of relationships. That means more accurate scoring of risks and threats.
Identify prior violators
Find hidden links in declaration data with past violators, shell companies, and with other risks and threats.
Automate more decisions
With the Quantexa platform’s AI, your teams can automate more decisions and escalate fewer cases for manual review.
Reduce port of entry delays
More automated decisions mean shorter wait times for shipments and travelers.
Identify VAT carousel fraud cases faster
Fraudsters in these cases rely on being able to get the money and disappear faster than your teams can find them. Break that cycle with faster detection.
How to facilitate the secure movement of people and goods
See how using contextual decision intelligence enables Customs and Border agencies to improve compliance, increase revenue and make faster decisions.
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.
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.
Operationalize your data in a matter of months – not years.
Use entity resolution and data volume to overcome missing or poor quality data.
Get the latest thinking, advice and opinions
Deloitte and Quantexa Partner to Tackle Global Illicit Finance and Economic Crime Risk
Deloitte will utilise Quantexa’s Contextual Decision Intelligence (CDI) platform to enable its clients to leverage technology and analytics as part of robust Economic Crime Governance and Risk Management Frameworks.
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.
How Automated Anti-Fraud Technology Can Substantially Reduce Fraud Losses in UK Public Sector
UK Officials predict up to £26 billion in losses from COVID-19 Bounce Back Loan program. See how anti-fraud technology can substantially reduce this.
How To Detect Insurance Fraud Threats [Infographic]
Throughout the pandemic, the threat of fraud
and scams has intensified as the global economy
continues to struggle and financial pressures grow. Find out how automated fraud detection can help insurers save from losses.
How Government Agencies Can Improve Fraud Prevention Using Analytics and Data
Government agencies using data-driven, analytical approaches to fraud prevention can discover risks and threats faster compared to traditional methods – a critical advantage that helps reduce fraud losses and increase the likelihood of recovering funds.
How To Overcome The Threat of Mule Fraud During COVID-19? (Part 2)
The way in which criminals operate is shifting as a result of COVID-19. Financial institutions must adapt to change quickly to prevent criminals from using mule fraud to take advantage of the vulnerable.
Book a demo
See how our Contextual Decision Intelligence platform prevents fraud before it happens, creates a real-time view of your customers, and reduces false positives.