How does Ongoing Monitoring compare to Decision Intelligence?

ComplyAdvantage's Ongoing Monitoring solution provides continuous oversight of customers, transactions, and business relationships to detect emerging risks. This solution automates the monitoring process, ensuring that businesses remain informed of changes in risk profiles without the need for manual intervention.

The platform uses real-time data updates from global sanctions lists, politically exposed persons (PEP) databases, and adverse media sources to ensure comprehensive coverage. Organizations receive instant alerts when a monitored entity is flagged, enabling timely action to mitigate potential risks. Customizable settings allow businesses to focus monitoring efforts on high-risk areas, optimizing resource allocation.

With robust reporting capabilities and audit trails, ComplyAdvantage's Ongoing Monitoring solution supports compliance efforts and helps organizations maintain a proactive approach to risk management.

Quantexa's Decision Intelligence platform enables organizations to make informed, data-driven decisions by uncovering hidden insights within their data. Leveraging advanced artificial intelligence and machine learning algorithms, the platform integrates disparate data sources to create a single, unified view of entities such as customers, suppliers, and transactions. This contextual view empowers businesses to identify risks, detect fraud, and seize opportunities with precision.

The platform excels in entity resolution and network generation, connecting seemingly unrelated data points to reveal complex relationships and patterns. These capabilities are crucial for addressing challenges in areas such as financial crime, customer intelligence, and operational efficiency. For example, it can uncover fraudulent networks in financial transactions, identify high-value customers, or streamline supply chain operations.

Quantexa's Decision Intelligence platform is designed for scalability and can process vast volumes of structured and unstructured data. Its flexible architecture supports integration with existing systems and workflows, ensuring seamless deployment and usability. Additionally, it provides intuitive dashboards and reporting tools, enabling users to visualize data and insights effectively.

By transforming raw data into actionable intelligence, Quantexa's platform enhances decision-making processes across industries, including banking, insurance, and government. It allows organizations to address their most pressing challenges with clarity and confidence, fostering growth and resilience in today's complex data landscape.

• 🏆 Best Decision Intelligence Company by AI Breakthrough Awards (2024)
• 🏆 RiskTech AI 50 2024 - Ranked 16 by Chartis (2024)
• 🏆 Category Winner - AI in Risk Data Aggregation by Chartis (2024)
• 🏆 Financial Crime and Compliance50 2024 - Ranked 6 by Chartis (2024)
• 🏆 Category Winner - Advanced Tax Fraud Capabilities by Chartis (2024)
• 🏆 Category Winner - AI for Government Applications by Chartis (2024)
• 🏆 RiskTech100 2024 - Ranked 25 by Chartis (2024)
• 🏆 Category Winner - Data Enrichment by Chartis (2024)

ComplyAdvantage, founded in 2014, is a RegTech company that specializes in providing AI-driven financial crime risk detection and anti-money laundering (AML) solutions. ComplyAdvantage leverages artificial intelligence, machine learning, and natural language processing to offer real-time risk insights and AML data solutions.

The company provides a range of services, covering:

- AML onboarding and monitoring
- Transaction monitoring
- Payment screening
- Politically exposed persons (PEPs) and adverse media screening
- Real-time sanctions and watchlist screening

ComplyAdvantage has experienced significant growth since its inception, raising $88.2 million through three rounds of venture capital funding and expansion of its operations with offices in the United States, Singapore, and Romania. The company serves over 1,600 businesses across the globe, including major financial institutions like Santander and Affirm, and clients have reported a 70% reduction in false positives and a 50% decrease in onboarding cycle time.

Quantexa, founded in 2016 and headquartered in London, is a global leader in Decision Intelligence solutions. Their platform integrates internal and external datasets to create a comprehensive, contextual view of data, enabling organizations to make informed decisions across various sectors, including banking, insurance, telecommunications, and government.

The company's technology connects disparate data sources, enriching them with insights about relationships among entities such as people, places, and organizations. This approach allows for automating millions of operational decisions at scale, addressing challenges in areas like financial crime, customer intelligence, and data analytics.

In April 2023, Quantexa completed a Series E funding round, raising $129 million and achieving a valuation of $1.8 billion, thus attaining "unicorn" status.

By October 2024, the company surpassed $100 million in annual recurring revenue, earning the "Centaur" designation, a milestone achieved by a select group of SaaS companies.

Quantexa's client portfolio includes major organizations such as HSBC, BNY Mellon, and the UK government, utilizing their platform for applications like fraud detection, compliance, and customer service enhancement.