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BUSINESS • 21/03/2025 12:12 PM

Quantexa Ranked Among Top 10 In Chartis Financial Crime, Compliance Report 

KUALA LUMPUR, March 21 (Bernama) -- Quantexa, a global provider of Decision Intelligence (DI) solutions, has earned a spot among the top 10 vendors in the prestigious Chartis Financial Crime and Compliance 50 (FCC50) report, securing seventh place overall.

According to a statement, the company’s artificial intelligence (AI)-powered solutions also received leadership awards for data enrichment and entity management augmented analytics, alongside recognition for excellence in capital markets.

This accolade comes at a significant moment for Quantexa, following a successful US$175 million Series F investment round that valued the British technology company at US$2.6 billion and its ability to provide critical contextual intelligence, empowering financial institutions to combat emerging threats in a complex regulatory environment. (US$1=RM4.42)

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Quantexa Chief Product Officer (FinCrime), Alexon Bell said the company remains committed to helping banking customers break down data silos and deploy trusted AI solutions to understand customer behaviours, mitigate risks, and fight fraud efficiently.

Meanwhile, Chartis Research Director, Nick Vitchev said Quantexa’s continued recognition underscores its leadership in financial crime risk management, highlighting the company’s commitment to innovation and its ability to unify data for better decision-making in an increasingly complex financial landscape.

Recent announcements by the company include the upcoming launch of two innovative solutions. These include Q Assist, a context-aware generative AI suite designed to provide real-time insights for front-line teams, set for early access in April.

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In addition, Quantexa Cloud, a comprehensive Software as a Service (SaaS) suite designed to modernise anti-money laundering workflows, currently in customer preview on Microsoft Azure.

Quantexa’s rapid growth highlights the increasing demand for its DI platform, which helps enterprises and government agencies to scale AI and data initiatives for improved outcomes in areas such as Know Your Customer (KYC), anti-money laundering, fraud prevention, and customer intelligence.

The Chartis FCC50 report evaluates top financial crime and compliance technology vendors based on market influence, technological innovation, and functionality in areas such as fraud detection, sanctions screening, and KYC compliance.

-- BERNAMA

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