QUANTEXA UNLEASHES WAVE OF NEXT-GEN AI DECISION INTELLIGENCE AT QUANCON25

 

UK AI Leader makes a series of announcements to help customers and partners capitalize on the Operational Revolution of Data and AI at QuanCon25


LONDON, March 7 (Bernama-GLOBE NEWSWIRE) -- Quantexa, a global leader in Decision Intelligence solutions for the public and private sectors, today announced a series of innovative updates and launches across its platform at QuanCon25, its annual customer and partner ecosystem event. Hosted in London at Tobacco Dock, Quantexa highlighted its continued commitment to helping its customers get their data AI-ready, break down organizational silos, and transform decision-making in the era of AI.

A New Era of Decision Intelligence

At the heart of Quantexa’s innovations is its Decision Intelligence Platform, where its Contextual Fabric, is helping customers:

• Unify fragmented data using industry-leading entity resolution and graph technology.
• Enrich data with critical contextual insights to build a real-world representation of how data connections and relationships are impacting an organization.
• Empower their organizations to run contextual analytics that strengthen Gen AI efforts to drive smarter, more transformative decision-making at all levels of the enterprise.

Dan Higgins, Quantexa’s Chief Product Officer, also announced new Decision Intelligence platform capabilities, including:

• Advanced Language Parsers: Now supporting non-Latin scripts such as Japanese—with Chinese and Arabic capabilities on the horizon—enabling organizations to process multilingual data with ease.
• Scalable Knowledge Graphs: Capable of connecting over one billion nodes, these graphs provide deep insights into hidden risks and growth opportunities.
• Real-Time Entity Streaming: Delivering up-to-date insights for fraud detection, know-your-customer (KYC), and master data management (MDM) through ultra-high volume data streaming.
• Enhanced User Experiences: A revamped search and localization interface that ensures users can interact with the platform in their native language, thereby reducing onboarding times and driving engagement.

Higgins also gave a sneak peek into significant platform innovations coming in 2025, which include:

More Support for Unstructured & Expanded Data Formats

• New Natural Language Processing (NLP) pipeline to manage and analyze unstructured data at scale and in multiple languages.
• Contextual insights extracted from internal documents, which incorporate unstructured data from intelligence reports, open-source intelligence (OSINT), and news content.
• The ability to leverage distillation and fine-tuning to deliver hyperscale LLM performance at the efficiency of small local models.

New Workflow and Case Management Capabilities

• A new end-to-end workflow builder to enhance decisioning processes with consistency, traceability, and collaboration.
• The ability to streamline processes for use cases such as data stewardship, escalation decisions, suspicious activity report (SAR) filing, and claims processing.
• Designed for highly regulated environments with improved alerting and reporting capabilities.

Revolutionizing Data Management

• Evolving from traditional methods to a modern, contextual fabric that provides trusted, current, and universally accessible data.
• AI-powered quality assessment and automated root cause analysis for critical source data.

Delivering Tangible Business Impact

To understand its return-on-investment (ROI), Quantexa commissioned a Total Economic Impact study with leading industry analyst house Forrester and a diverse portfolio of customers spanning banking, insurance, telecommunications, and the public sector. The study found that Quantexa’s Decision Intelligence Platform has delivered measurable benefits per use case, including:

• Nearly $8 million in data management efficiency savings.
• Approximately $15 million in operational efficiencies.
• Over $19 million in risk reduction and compliance savings.

Quantexa Founder & CEO, Vishal Marria said: “These results demonstrate that when your data is trusted and contextual, it drives better decision-making and significant bottom-line impact in the era of AI.”

Breaking New Ground with AI and Cloud Solutions

Two major announcements further cemented Quantexa’s Decision Intelligence leadership:

• Q Assist: A context-aware generative AI solution suite designed to democratize access to trusted data, augment decision-making, and provide real-time insights to front-line teams will be available for Early Access in April 2025.
• Quantexa Cloud: A comprehensive suite of native SaaS industry solutions, launching with Quantexa Cloud AML on Microsoft Azure, is available for Customer Preview. This innovative solution, developed in close collaboration with community and mid-size banks in the US, streamlines and modernizes anti-money laundering workflows for faster time to value and strengthened compliance.
• Jamie Hutton, Quantexa’s Chief Technology Officer, highlighted live demonstrations illustrating how these solutions are revolutionizing financial crime detection and operational intelligence by connecting disparate data sources into actionable insights.

Strengthening Strategic Partnerships

Quantexa also highlighted its growing partnership with Microsoft, a collaboration that has delivered transformative industry solutions on the Azure Marketplace. Key initiatives include:

• The public and private preview launch of Quantexa Unify Workload for Microsoft Fabric, empowering organizations to enhance data quality and eliminate silos in a unified, scalable platform.
• Success stories from marquee customers including HSBC, Novobanco, and RSA, who are leveraging Microsoft and Quantexa technology to accelerate their data and AI transformation journeys.

Looking Ahead: The Launch of Q Labs

Quantexa detailed the official launch of Q Labs, a dedicated hub to accelerate groundbreaking ideas and provide a path from concept to commercialization including exploring emerging technologies, accelerating product innovation, and solving complex customer challenges.

Q Labs is currently developing several exciting projects, including:

• Simulation Lab: Helping businesses model real-world scenarios before making critical decisions.
• Supply Chain Intelligence: Leveraging AI to create smarter, more resilient supply chains.

Parsa Ghaffari, Head of Product Innovation, said: “Working hand-in-hand with our engineering and GTM organizations, we turn breakthrough ideas into real-world impact —propelling our customers and partners to their next bold step faster than ever before."

Recognizing Our Partners

The company also took a moment to honor its key strategic partners. The event featured the presentation of the Innovation Partner of the Year Award to Accenture, whose visionary approach has powered groundbreaking generative AI solutions, and the Growth Partner of the Year Award to KPMG, whose collaborative efforts have significantly expanded Quantexa’s global footprint. Quantexa were thrilled to be joined by their sponsoring partners at this year’s QuanCon25 - PWC, Microsoft, Databricks, Moody’s and Dun & Bradstreet.

To watch QuanCon25 on-demand, please visit https://www.quancon.com/.

About Quantexa
Quantexa is a global AI, data and analytics software company pioneering Decision Intelligence to empower organizations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa’s Decision Intelligence platform helps organizations uncover hidden risk and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. It solves major challenges across data management, customer intelligence, KYC, financial crime, risk, fraud, and security, throughout the customer lifecycle. 

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. An independently commissioned Forrester TEI study on Quantexa's Decision Intelligence Platform found that customers saw a three-year 228% ROI. Founded in 2016, Quantexa now has over 800 employees and thousands of platform users working with billions of transactions and data points across the world. 

Media Enquiries 

C: Stephanie Crisp, Fight or Flight  

E: Quantexa@fightorflight.com 

OR 

C: Adam Jaffe, SVP of Corporate Marketing 

T : +1 609 502 6889 

E : adamjaffe@quantexa.com   


SOURCE : Quantexa Limited

PLANTO WINS ADB’S AWARD, EMPOWERING SOUTHEAST ASIA’S SMES WITH AI-DRIVEN FINANCIAL SOLUTIONS

KUALA LUMPUR, March 6 (Bernama) -- Planto, a Hong Kong-headquartered fintech company, has been recognised as a winner of the AI for SMEs Challenge by the Asian Development Bank (ADB).

This recognition reinforces the company’s dedication to empowering small and medium enterprises (SMEs) in Southeast Asia with artificial intelligence (AI)-driven financial solutions that make a real impact, according to Planto in a statement.

Planto Chief Executive Officer and Co-founder, Ankit Suri emphasised the transformative power of AI in improving financial access for SMEs, furthering the company's mission to provide smarter solutions for businesses.

Meanwhile, its Co-founder, Apinun Narkhan added that the recognition highlights the potential for collaboration between fintechs and financial institutions to drive lasting positive impacts for SMEs in the region.

Planto’s approach is centred on enhancing credit assessment and expanding funding access for SMEs by ensuring fair, data-driven evaluations. The company also supports financial management and education, equipping business owners with tools to navigate their financial journey with confidence.

By leveraging large language models (LLMs) for digitisation, Planto streamlines financial processes and reduces friction for SMEs, all while preparing them for the future of Open Finance.

Going forward, Planto will be enabled by ADB Digital Learning Labs, sharing various insights with ADB staff and partner banks across Southeast Asia with an aim to strengthen financial inclusion and build a more resilient SME ecosystem.

The grant fund for the fintech innovation challenges was received from the High-Level Technology Fund financed by the Government of Japan and administered by ADB.

-- BERNAMA

MAVENIR AND E& UAE ANNOUNCE MULTI-YEAR STRATEGIC TECHNOLOGY PARTNERSHIP AT #MWC25 STARTING WITH COLLABORATION IN CONVERGED 5G PACKET CORE

 

BARCELONA, Spain, March 5 (Bernama-GLOBE NEWSWIRE) -- Mavenir, the cloud-native network infrastructure provider, and e& UAE, telecom arm of global technology group e&, announced a collaboration to advance e& UAE’s future of cloud-native converged packet core networks across 4G, 5G (NSA and SA) at Mobile World Congress in Barcelona. This marks a significant milestone in the journey towards next-generation connectivity and digital transformation.

This long-term partnership leverages cutting-edge technologies and advanced features, including AI-enabled 5G services, automation, and orchestration. This robust infrastructure is designed to support a wide range of future use cases, from enhanced mobile broadband and ultra-reliable low-latency communications to massive machine-type communications.

With Mavenir and e& UAE coming together, it sets the stage for innovative use cases, including smart cities, autonomous vehicles, industrial IoT, and immersive AR/VR experiences using the latest AI technology. The converged packet core environment ensures seamless transition and readiness for 6G capabilities, paving the way for future advancements in connectivity supporting the expanding business needs of e& UAE.

Pardeep Kohli, President and CEO of Mavenir: "We are thrilled to partner with e& UAE in deploying a state-of-the-art 5G core network. This collaboration underscores our commitment to driving innovation and delivering cutting-edge solutions that empower our customers. The advanced features and technologies integrated into this network will unlock new possibilities and set the foundation for future 6G capabilities."

Khaled Al Suwaidi, core networks and platforms, e& UAE, said: "Our successful collaboration with Mavenir marks a significant step forward in our mission to provide world-class connectivity and digital services to our customers. The deployment of this advanced 5G core network not only enhances our current offerings but also positions us at the forefront of technological innovation. We look forward to exploring new areas together in AI, automation, orchestration, digital BSS, and RCS, to continue delivering exceptional value to our customers."

Mavenir and e& UAE are committed to ongoing collaboration in various domains to drive continuous innovation and deliver transformative digital experiences to customers across the region.

About Mavenir

Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

About e& UAE

e& UAE is the flagship telecom arm of e& in the UAE, built on a 5-decades legacy of connectivity excellence. Our mission is to deliver world-class superior connectivity experiences that fuel the UAE’s future-focused innovation.

Leveraging the latest world-class technologies, e& UAE aims to transform lives and industries, turning every connection into an opportunity for growth and every interaction into a transformative possibility.

We are focused on expanding our core services and digital marketplaces by enriching consumer value propositions that cater to new lifestyles and emerging demands beyond core telecom services, including health, insurance and gaming.

As a trusted enterprise partner, e& UAE continues to power entire industries with 5G and AI, delivering a tailored ecosystem of solutions to meet their connectivity needs and more, empowering them to automate, innovate, transform, and scale.

Strengthening our leadership position as an AI-powered telco, e& UAE delivers seamless connectivity, cutting-edge AI solutions, and sustainable innovation to uplift people and communities, and empower businesses and industries, so everyone thrives in a digital-first world.

To learn more about e& UAE, please visit: https://www.etisalat.ae

Media Contacts

For more information, please contact:

• Mavenir Media Relations: pr@mavenir.com
   
• e& UAE Media Relations: mediaoffice@eand.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5719a435-212f-48b7-b56f-e318b5f9a125 


SOURCE : Mavenir Systems, Inc.

BITGET SPREADS KINDNESS THIS RAMADAN BY PROVIDING 100,000 MEALS TO THOSE IN NEED

VICTORIA, Seychelles, March 3 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, is partnering with world-renowned humanitarian organizations, including the UN Refugee Agency, UN World Food Programme, ShareTheMeal, and the One Billion Meals Endowment, to distribute up to 100,000 meals to individuals in need during Ramadan. This initiative targets vulnerable communities in regions facing significant challenges, aiming to alleviate hunger during the holy month.

Each meal will support families and individuals during the holy month. The effort is strengthened by contributions from the Bitget community, emphasizing collective action and compassion. To achieve the fundraising target, Bitget has introduced initiatives encouraging participation from users, VIP clients, and influencer partners.

Bitget will first pledge 10,000 meals to the people in need, followed by a series of Iftar dinners in key locations, including Dubai and Istanbul, fostering unity and philanthropy. Attendees can contribute through donations, with Bitget matching each dollar raised. Exclusive auctions featuring memorabilia from partnerships with La Liga will also contribute to the fundraising, and Bitget will direct all proceeds toward the cause. 100% of the proceeds will go towards the fundraiser.

"Ramadan is a time for generosity and unity," said Vugar Usi Zade, COO of Bitget. "By leveraging our global network, we aim to create a meaningful impact in communities facing adversity. This initiative demonstrates kindness from the crypto space and aligns with our mission to drive positive change through collaborative efforts."

The campaign, featuring the 10,000-meal pledge from Bitget, donation matching, and exclusive auctions, will be supported by local teams organizing community engagement events. It is set to launch on the first day of Ramadan, in alignment with the Islamic calendar.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a48343fc-044d-45ce-afe2-a4ff26395657 

SOURCE : Bitget Limited

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