TecCentric, Quantexa Partner on Fraud Detection
TecCentric and Quantexa Forge Strategic Alliance to Bolster Fraud Detection and Compliance in Banking and Government Sectors.
In a strategic move to empower the banking and governmental sectors with cutting-edge Decision Intelligence (DI) technology, TecCentric has partnered with Quantexa, a global leader in data analytics. This collaboration aims to redefine how organizations in Qatar tackle financial crimes, enhance audit processes, boost customer intelligence, maintain stringent compliance, and streamline IT operations, thereby safeguarding their competitive edge in a rapidly evolving digital landscape.
Bassel AlHalabi, Managing Director of TecCentric, emphasized the significance of this partnership:
Understanding the unique challenges faced by financial and government entities, TecCentric and Quantexa combine their deep industry knowledge with advanced DI solutions to offer a comprehensive suite of services. From seamless technology implementations to bespoke integrations and customizations, our joint efforts are designed to equip CIOs, IT executives, compliance officers, and financial crime investigators with the tools they need for proactive decision-making and operational excellence.
Richard Poolman, VP Government Alliances, EMEA at Quantexa representing Quantexa, highlighted the goals of this alliance:
By leveraging the enriched data from Quantexa’s DI Platform, organizations in the country can effectively secure their operations against financial crimes and cyber threats. This aligns seamlessly with TecCentric’s strategy to furnish not merely a technological solution but a transformational blueprint, tailored to the unique security and regulatory requirements of the banking and government sectors.
Qatari banks, thanks to TecCentric, can now replace on-premises software that focuses on isolated transactions with Quantexa’s Advanced Decision Intelligence, which concentrates on the broader context of customer behavior and relationships. Banks are now capable of creating personalized offers, staying competitive in the market, and offering a high level of security against fraud due to the amount of data gathered and analyzed. | Learn More
Government agencies can also take advantage of Quantexa’s solution to address the challenge of fragmented data. They typically collect information from multiple sources and store it in various places and formats, leading to silos that hinder their ability to have a comprehensive view of information. As a result, decision-makers struggle to access and analyze the full scope of data available, which can lead to incomplete assessments, flawed policymaking, and risks of schemes aimed at tax evasion, fraud, and other forms of financial non-compliance. | Learn More
We Are Better Together
With Quantexa’s DI Platform, TecCentric prioritizes the safety and integrity of the digital operations of its clients, offering end-to-end solutions that not only protect against financial crimes but also strengthen the trust of stakeholders and customers. Through our collaboration with Quantexa, we provide an ecosystem that facilitates the seamless transition of organizations towards a resilient digital future, one where fraud prevention and compliance are seamlessly embedded within the fabric of their IT infrastructure.
About Quantexa
Quantexa is a global data and analytics software company that helps organizations make more informed operational decisions through meaningful data. Quantexa’s Platform uses the latest big tech and AI to power contextual Decision Intelligence; a new approach that uncovers hidden risks and reveals new opportunities by providing a holistic, connected view of internal and external data, all in one place. These insights help companies solve major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security throughout the customer lifecycle.
The Right Data. The Right Decisions | www.quantexa.com
About TecCentric
At TecCentric, we deliver seamless end-to-end digital transformation, data management integrations, technology implementation, customizations, and ongoing managed services to help organization leverage their unique strengths and maintain their market leadership position. We combine our extensive industry, systems, and data management knowledge with our cultural understanding to create practical roadmaps for firms, addressing both cultural and technology challenges, while leveraging cutting-edge solutions.
Explore the Potential of Your Business | www.teccentric.com
