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Quantexa Recognized as Category Leader in Chartis' 2024 AML Transaction Monitoring Solutions Report

Dec 16, 2024 - financialpost.com
Quantexa, a leading provider of Decision Intelligence solutions, has been recognized as a Category Leader in Chartis' 2024 AML Transaction Monitoring Solutions Report. The company received "best-in-class" ratings for its anti-money laundering capabilities in data integration, modeling, and workflow. Quantexa's AML Solution Suite leverages AI and machine learning to help financial institutions combat financial crime by integrating disparate data, uncovering hidden risks, and enabling proactive monitoring. The report highlights Quantexa's innovative use of Generative AI, particularly its Q Assist technology, which aids financial investigation units in identifying and understanding potential risks.

Chartis has acknowledged Quantexa's leadership in multiple categories, including Enterprise Fraud Solutions and KYC Solutions, and ranked it among the top vendors in the RiskTechAI 50 2024 ranking. Quantexa's Decision Intelligence Platform is noted for enhancing operational performance with significantly higher accuracy and faster analytical model resolution than traditional methods. Founded in 2016, Quantexa has grown to over 800 employees and serves thousands of users globally, offering solutions across data management, customer intelligence, financial crime, and risk management.

Key takeaways:

Here are four key takeaways from the article in an HTML list format:```html
  • Quantexa has been recognized as a Category Leader in Chartis' 2024 AML Transaction Monitoring Solutions Report for its "best-in-class" anti-money laundering capabilities.
  • The company's AML Solution Suite uses AI and ML to enhance entity resolution and knowledge graph capabilities, helping financial institutions uncover hidden risks and improve monitoring and detection.
  • Quantexa's Generative AI technology, Q Assist, aids financial investigation units in leveraging data for identifying and understanding potential risks.
  • Quantexa has been acknowledged in multiple categories by Chartis, including Enterprise Fraud Solutions and KYC Solutions, highlighting its innovation and leadership in risk and compliance.
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