Tuesday, 22 October 2024

QUANTEXA EARNS RECOGNITION IN CHARTIS RISKTECH QUADRANT FOR KYC SOLUTIONS



KUALA LUMPUR, Oct 22 (Bernama) -- Quantexa, a provider of Decision Intelligence solutions for public and private sectors, has received recognition in two Chartis Research reports.

Highlighting its market presence, innovation, and leadership in risk and compliance, Quantexa was named a category leader in the RiskTech Quadrant for Know Your Customer (KYC) Solutions and ranked among the top 20 in the RiskTech100 2025 Report.

“Being recognised as a leader in the Chartis RiskTech Quadrant for KYC solutions underscores Quantexa's commitment to addressing the evolving challenges in the KYC landscape.

“By leveraging advanced analytics and artificial intelligence (AI), we are able to help financial institutions not only streamline their onboarding processes but also enhance their ongoing risk assessment capabilities,” said its Chief Product Officer (FinCrime), Alexon Bell in a statement.

Meanwhile, Chartis Senior Research Specialist, Ahmad Kataf said Quantexa continued to expand and enhance its solution, while retaining its core strengths in entity resolution and complex corporate structures.

“It has also enhanced its natural language processing capabilities and perpetual KYC/continuous monitoring, a development that, combined with strong growth, is reflected in its category leader position in our KYC Solutions quadrant,” he added.

Quantexa's status as a Category Leader for KYC Solutions highlights its effective technology for future risk management, demonstrating its natural language processing capabilities and perpetual KYC (pKYC) monitoring.

The recognition underscores how its offering has evolved while retaining its foundation of high-quality entity resolution and complex corporate structures.

Quantexa was also recognised for its risk technology in the RiskTech100 2025 Report, showcasing consistent improvement and innovation in overall risk technology capabilities.

More specifically, the report highlighted Quantexa’s dominance in finance and government operations with strong scores for its ‘core technology’ and ‘innovation’, underscoring its commitment to developing cutting-edge risk solutions.

-- BERNAMA

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