Quantexa, renowned for its decision intelligence platform, has joined forces with Microsoft to introduce a cutting-edge cloud-native artificial intelligence solution tailored for mid-size banks in the USA.
This innovative partnership aims to develop a software-as-a-service solution, native to Azure, empowering banks across the United States with robust capabilities for monitoring, detecting, and investigating financial crime and risk. Leveraging AI-driven tools, the solution promises comprehensive anti-money laundering management from end to end.
Dan Higgins, Chief Product Officer at Quantexa, affirms, “Our collaboration with Microsoft underscores our dedication to delivering accessible solutions to our customers. We remain committed to meeting the evolving needs of our clients.”
Quantexa is set to unveil the initial suite of capabilities by the conclusion of 2024. Concurrently, its Decision Intelligence Platform is now globally accessible via Azure Marketplace.
Tyler Pichach, Director of Financial Services Strategy at Microsoft, notes, “Financial services organizations are increasingly leveraging trusted data and AI to navigate dynamic market shifts efficiently. Our collaboration with partners like Quantexa on Azure Marketplace aims to democratize access to innovative cloud-native solutions, empowering businesses to tackle complex challenges effectively.”