-- Global professional services leader and the pioneer in Contextual Decision 
Intelligence enable enterprises to connect data at scale uncovering hidden 
risks, more accurately and efficiently.

Quantexa, the data and analytics software company pioneering Contextual 
Decision Intelligence, announced today it has partnered with Deloitte as part 
of its global illicit finance and economic crime initiative, to enable the 
contextual monitoring of criminal activities. The move will help enterprises 
establish a robust framework against organised crime, and a powerful defence 
against the rise of illicit finance, economic crime and the fraud epidemic ( 
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).

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, to effectively 
monitor payment flows and gain a more accurate picture of the holistic risks 
presented from customers and associated third parties, legitimate and otherwise.

Economic crime constantly evolves as criminals seek newer, more sophisticated 
techniques to evade detection in the increasingly interconnected and digital 
world. Opportunities for bad actors have only increased with lockdown as 
digital transformation accelerated and proven compliance processes adapted to 
increasingly remote transactions.

Quantexa's contextual monitoring software provides a single view of data ( 
https://c212.net/c/link/?t=0&l=en&o=3100473-1&h=1353188143&u=https%3A%2F%2Fwww.quantexa.com%2Fentity-resolution%2F%3Futm_term%3Dentity%2520resolution%26utm_campaign%3DEntity%2BResolution%2B%257C%2BMain%2BKeywords%26utm_source%3Dadwords%26utm_medium%3Dppc%26hsa_acc%3D7294149749%26hsa_cam%3D11627324794%26hsa_grp%3D112777057826%26hsa_ad%3D480160551770%26hsa_src%3Dg%26hsa_tgt%3Dkwd-304122908760%26hsa_kw%3Dentity%2520resolution%26hsa_mt%3Db%26hsa_net%3Dadwords%26hsa_ver%3D3%26gclid%3DCj0KCQjw0caCBhCIARIsAGAfuMyu50wjaraXgXcOKVhAB12ZCWlem_7fes31JmvVkFHPvZHHluaTYzwaAncjEALw_wcB&a=single+view+of+data 
) with analytics capability that enhances the efficiency, effectiveness and 
consistency of operational investigations and monitoring. In the hands of 
Deloitte's experts, CDI is a powerful weapon to help financial institutions, 
insurers, the private and the public sector to foil the global illicit finance 
and economic crimewave.

Andrew Oates, Partner at Deloitte commented, 'Working with Quantexa, Deloitte 
clients are developing sustainable and future-focused contextual monitoring 
capabilities. CDI provides what is fast becoming the new standard for fighting 
illicit finance and economic crime. Our deep economic crime subject matter 
expertise, combined with Quantexa's technology and advanced analytics, enables 
our clients to identify trends, monitor known risks and detect new threats more 
effectively - it is the next evolution of illicit finance and economic crime 
monitoring.'

Vishal Marria, CEO of Quantexa said, 'We're delighted to be partnering with 
Deloitte, whose proven global expertise in compliance and governance is the 
perfect fit for our CDI technology. New risks demand new technology and 
techniques. Organisations need to rethink the use of traditional rules-based 
approaches to monitoring activity, which are inflexible and incapable of 
dealing with the complexity and scale of today's enterprise data demands.'

ABOUT QUANTEXA

Quantexa is a data and analytics software company pioneering contextual 
decision intelligence that empowers organizations to make trusted operational 
decisions by making data meaningful. Using the latest advancements in big data 
and AI, Quantexa's platform uncovers hidden risk and new opportunities by 
providing a contextual, connected view of internal and external data in a 
single place. It solves major challenges across financial crime, customer 
intelligence, credit risk, fraud and throughout the customer lifecycle.

The Quantexa platform enhances operational performance with over 90% more 
accuracy and 60 times faster analytical model resolution than traditional 
approaches. Founded in 2016, Quantexa now has over 250 employees and thousands 
of users working with billions of transactions and data points across the 
world. The company has offices in London, New York, Boston, Belgium, Toronto, 
Singapore, Melbourne and Sydney.

For more information, contact Quantexa here ( 
https://c212.net/c/link/?t=0&l=en&o=3100473-1&h=902063440&u=https%3A%2F%2Fwww.quantexa.com%2Fcontact%2F&a=contact+Quantexa+here 
) or follow us on LinkedIn ( 
https://c212.net/c/link/?t=0&l=en&o=3100473-1&h=58833517&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fquantexa%2F&a=follow+us+on+LinkedIn 
).

SOURCE: Quantexa