Leverage Contextual Data in Banking
Enhances risk detection and fraud prevention while ensuring accurate KYC records and a comprehensive view of customer relationships.
The Impact of Quantexa on Customers
Less Investigation Time
Fewer False Positives
Increase in Fraud Savings
Reduction in Time Spent Prospecting
With Quantexa You Can
Build a strong data foundation
Solve data quality problems and
scale to big data to improve
accuracy in decision-making with advanced customer intelligence and data management solutions.
Understand customer behaviors
Create a holistic view of customers and their relationships to mitigate risk, optimize operations, improve the customer experience and
accelerate revenue growth.
Mitigate financial crime risk
Go beyond a single transaction with Contextual Monitoring to improve the accuracy and effectiveness of risk monitoring, detection, investigation, and decision-making.
Fight fraud with context
Create context to quickly detect and prevent fraud at scale – even the most sophisticated and evolving threats – to reduce losses and protect customers.
Why Banks Need Decision Intelligence Now
Banks should take advantage of Contextual Decision-Making technology as it enables them to make informed decisions based on a comprehensive understanding of the context surrounding each transaction or customer interaction.
This approach provides several advantages over traditional decision-making processes that may rely on fragmented or siloed data: Increased Insight, Enhanced Efficiency, Reduced False Positives/Negatives.
Decision Intelligence can bridge the gap between guessing at customers’ wants and needs, and knowing specifically how to put plans into action.
Trusted by the World’s Leading Organizations
Download and learn how Decision Intelligence is helping HSBC Combat Financial Crime and Fraud.
- 60% reduction of case volumes.
- 39 million customers worldwide.
- £4m potential savings.
Download Our Corporate Profile
What Makes Quantexa Different
– 99% matching accuracy for single views
– 20% proven de-duplication of records
– Over 75% reduction in false positive alerts
– Accelerate deployment and time to value with low-code, schema-free data ingestion
– Scale up to 60 billion records
– Reduce analysis time from weeks to hours
– Easy to integrate into your existing tech stack
– Flexible, modular platform easily configured for your operations
– Extensible with multiple views and use cases
– Advanced permissioning and role-based data access
– White-box machine learning models
– Transparent scoring and alerts
Faq
What challenges do banks face in the current financial landscape?
Banks face various challenges such as increasing competition from fintechs, macroeconomic risks like geopolitical conflicts and inflation, the need to grow revenue amidst regulatory pressures and global economic conditions, the acceleration of technologies post-COVID-19, and the necessity to reduce costs to prepare for a possible global recession. Additionally, banks must navigate rapid operational changes while meeting customer expectations and complying with stricter regulations.
How can Quantexa's Decision Intelligence Platform assist banks in improving operational efficiency and customer relationships?
Quantexa’s Decision Intelligence Platform helps banks unify data from multiple sources to create a comprehensive view of customers and suppliers. By leveraging advanced analytics and entity resolution, the platform enables banks to make informed decisions quickly, fight fraud effectively, and maintain accurate Know Your Customer (KYC) records. This results in improved operational efficiency, reduced manual processes, better risk mitigation, and enhanced customer experiences for banks.
