8 years ago

Quantexa Secures $3.3 Million for Big Data Analytics Growth

  • Quantexa, a UK-based big data analytics provider, has raised $3.3 million in funding

  • The round was led by Albion Ventures and HSBC

  • Quantexa will use the funds to accelerate product development and international expansion, with new offices in Brussels, Sydney and New York opening throughout 2017

  • Quantexa uses big data analytics to tackle complex financial crime and data challenges within multiple industries

  • Their applications include protection against financial losses and reputational damage with data analytics and entity and network based techniques, creation of a single and networked view of customers across disparate data sources, reduction of the cost of compliance and AML programs, and deployment of a holistic approach to surveillance across market abuse, electronic communications surveillance, insider trading and unauthorized trading risks.

      • ProblemFinancial Services

      "tackling complex financial crime and data challenges within multiple industries"

      Solution

      "using big data analytics to protect against financial losses and reputational damage, creating a single and networked view of customers across disparate data sources, reducing the cost of compliance and AML programs through efficient and effective data-driven approaches, and deploying a holistic approach to surveillance across market abuse, electronic communications surveillance, insider trading, and unauthorized trading risks"

      Covered on