Quantexa named a 2019 “Cool Vendor” in AI for Banking and Investment Services by Gartner

Quantexa, a leading provider of entity resolution and network analytics solutions, has been named a 2019 “Cool Vendor” by Gartner, Inc. in its Cool Vendors in AI for Banking and Investment Services report.

Gartner, the world’s leading research and advisory company, states in the report, “Banks are looking at ways to improve customer experience via usage of the artificial intelligence suite of technologies. We identify emerging vendors using AI-based technologies for banking and investment services that technology and service providers seeking to develop tools should watch.”

The report goes on to note, “AI tools are increasingly showing up in products and services that provide efficient ways for banks to absorb the solutions across their activities.” We believe that Quantexa was chosen based on the strength of its versatile and highly contextual AI engine.

Quantexa’s technology empowers organisations to drive better decisions from using their data. Embracing the latest advancements in big data and artificial intelligence, the scale-up uncovers hidden customer connections and behaviours to solve major challenges in financial crime, customer insight, and data analytics.

The company recently doubled its turnover to £10.2m and employs over 150 people globally, with offices in London, New York, Sydney, Toronto, Singapore, Brussels and Boston.

Discussing the recognition, Vishal Marria, CEO at Quantexa, said: “We feel that to be recognised as a ‘Cool Vendor’ stands as a testament to the hard work that we’ve put into developing our market leading solutions. We look forward to continuing to grow our business and empower our clients to tackle fraud and financial crime mitigation more effectively and efficiently through harnessing the power of data.”