2022: The MILESTONE YEAR

Jetex Annual Review

Dubai, United Arab Emirates, Dec. 29, 2022 (GLOBE NEWSWIRE) — The business aviation industry is currently going through the biggest transition in history, accelerated by the digitalisation, accessibility, and the exceptional travel conveniences that it offers against the backdrop of a gradual recovery from the health crisis. In many ways, it reflects the fourth industrial revolution, which is more significant, and its ramifications more profound, than in any prior period of human history.

With the private jet traffic setting new records in 2022, experts predict up to 8,500 new business jet deliveries until 2031, which amounts to an estimated total value of US$ 274 billion. At the same time, sustainability is at the top of the agenda to ensure that the industry develops in line with the decarbonisation goals set by IATA.

The record results could not have been achieved without the efficiency and exceptional ability of the business aviation industry to adapt and to remain connected to its customers, continuing to inspire their desire to travel and discover.

For the first time, Jetex invites you to discover the latest trends in private aviation, and what will shape the global industry in the future in its interactive annual review.

Discover

About Jetex:

An award-winning global leader in executive aviation, Jetex is recognized for delivering flexible, best-in-class trip support solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), aircraft fueling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel. To find out more about Jetex, visit www.jetex.com and follow us on Instagram, Twitter, Facebook, and LinkedIn.

 

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Oleg Kafarov - Director of Portfolio Development & Corporate Communications
Jetex
+971 4 212 4900
teamorange@jetex.com

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St Kitts and Nevis introduces raft of changes to its Citizenship by Investment Programme, benefits both locals and an intelligent investor

London, Dec. 27, 2022 (GLOBE NEWSWIRE) — The much-anticipated changes to St Kitts and Nevis’ Citizenship by Investment Programme have been announced today by the country’s recently appointed Citizenship by Investment Unit Head, Michael Martin. Setting a bold and new tone for the industry as a whole, St Kitts and Nevis is once again leading the way for the investment immigration industry – adding a new layer of integrity to truly accelerate the country’s economic diversification, empower and prosper local citizens while creating an enriching base for intelligent investors.

“Today, our progressive government brings to fruition these much-awaited and very important changes to our much-loved Citizenship by Investment Programme. Today marks a new era for the investment immigration industry as we boldly declare that a clear strategy will drive our Citizenship by Investment Programme with the sole purpose of benefiting our people and investors who want to see our nation flourish.”

“Today these changes show the international community that we place honesty and integrity above all else as we look to deliver a product that will bring us a positive reputation and send a clear message that we are open for business,” said Michael Martin.

Watch the full video announcement here.

The changes have been gazetted on 23 December 2022 and will take effect on 1 January 2023.

Since his election in August, the Prime Minister of St Kitts and Nevis, Dr Terrance Drew, has hinted at upcoming changes to the country’s Citizenship by Investment programme – reiterating multiple times that the revamped programme needs to be mutually beneficial to both Kittians and Nevisians and international investors.

The Prime Minister said at a recent event “While we navigate the complexities of managing a small island developing state in this unpredictable and highly globalized world, we have made it a priority to craft a solution to ensure that the evolution of our citizenship programme will be a sustainable model filled with integrity, transparency and accountability.”

The Programme will be underpinned by three fundamental principles that have guided the administration’s decision making with respect to the evolved version of the twin-island’s Citizenship by Investment Programme – sustainability, good governance and pragmatism.

“We have crafted a sustainable model that will continue to be the envy of the international community by injecting high levels of integrity that will come through administrative improvements. We have also structured our programme to allow for greater transparency and accountability, which make the hallmarks of a good governance framework that solidifies the foundation of any successful endeavour. Lastly, we have tailored our investment options to align with market realities while preserving the platinum brand our proud nation has developed and nurtured for four decades, operating the oldest Citizenship by Investment Programme in the world,” added the Prime Minister.

To achieve this, the most notable change to the programme will be the introduction of a Board of Governors and a Technical Committee.

Effective next year, a professional Citizenship by Investment Board of Governors will be responsible for high level supervisory matters such as providing general oversight of the operations the CBI Unit, developing and implementing policies and procedures for the CBI Unit, ensuring that application processing is completed as swiftly as possible within the time frames advertised without comprising the integrity of the programme and, continuously monitoring the global investor immigration industry to ensure that the country’s Citizenship by Investment regulations align with and adjust to, international market forces.

To further the Programme’s good governance agenda, a Citizenship by Investment Technical Committee will be charged with ensuring that all due diligence background checks are comprehensive and that all citizenship by investment applications are reviewed thoroughly. This committee will also be tasked with making recommendations to the Prime Minister in his capacity as Minister of National Security, Immigration and Citizenship.

The Technical Committee will be comprised of a chairperson, this role will be filled by the recently appointed Head of the CBI Unit, Michael Martin; a senior officer and a secretary – who will be a civil servant assigned by the Prime Minister.

 

Applicants can gain second citizenship in 60 days, but only for a limited time

St Kitts and Nevis is offering applicants a chance to gain second citizenship in as little as 60 days through its Sustainable Growth Fund – the revenue from the fund is aimed to facilitate economic development and social upliftment in the country. The Sustainable Growth Fund will be used to provide financial support to educational institutions, medical facilities, as well as provide additional funding for the construction of infrastructure, the development of local tourism, the preservation of local culture and heritage and support of sustainable growth initiatives in the twin-island nation.

The Sustainable Growth Fund remains the quickest and easiest route to second citizenship in St Kitts and Nevis and from 1 January to 30 June 2023, for a Limited Time Offer, a main applicant, following stringent background checks, can make a minimum investment of US$125,000 to the Fund and receive approval in principle within 60 days of submission of application.

Under the Limited Time Offer, investment options are as follows:

  • Single applicant – US$ 125,000
  • Main applicant and a spouse – US$150,000
  • Main applicant, spouse and two dependants – US$170,000
  • Each additional dependant under 18 – US$10,000
  • Each additional dependant over 18 – US$25,000

From 1 July 2023 onwards, applicants investing through the Sustainable Growth Fund will be charged as follows and can expect approval in principle within 90 days of submission of application.

  • Main applicant – US$150,000
  • Main applicant and a spouse – US$175,000
  • Main applicant, spouse and two dependants – US$195,000
  • Each additional dependant under 18 – US$10,000
  • Each additional dependant over 18 – US$25,000

These changes are part of the government’s tireless efforts to create conditions necessary for sustainable economic growth and diverse business opportunities.

“This is an exciting time because these policies will continue our progressive course in the global investor immigration industry and cement St Kitts and Nevis’ place as a leader in the Citizenship by Investment space. As we move toward a brand-new diversified economy, we remain committed to investing in tangible projects to uplift the country to achieve our goal of establishing a sustainable island state,” continued the Prime Minister.

It is important to note that these additional layers are not meant to hinder the application process but rather ensure multiple aspects including keeping processing to agreed timelines, all approved applicants are of the highest repute and most importantly, that projects meet the requirement of benefitting the local economy.

Another change is that the sustainable model of the Citizenship by Investment programme will now involve the implementation of an improved multi-faceted approved real estate application process, the removal of loopholes and the strict enforcement of escrow and project milestone requirements.

The evolved St Kitts and Nevis Citizenship by Investment Programme will invite bold and creative investors to facilitate the development of innovative industries in St Kitts and Nevis including construction of real estate developments pursuant to the new administration’s priority infrastructure list. “All projects must bring substantial benefit to the people of St Kitts and Nevis,” noted the Prime Minister.

The government will approve real estate projects to be developed and of these, a designated number of real estate units will be available to be sold to qualifying investors. Real estate projects will be constructed and completed according to a pre-defined schedule and a designated escrow drawdown process will also be implemented.

Only approved real estate developments will be eligible for the Citizenship by Investment option and most importantly, current “Approved Projects” will lose this designation once the new Citizenship by Investment regulations have been gazetted and approved, meaning stakeholders of these projects will need to apply afresh to become an “Approved Development”.

Minimum investment for approved real estate will remain at US$200,000 but there will be an introduction of penalties for the circumvention of minimum investment sums including:

  • Fines of up to US$200,000 on summary conviction
  • Revocation/suspension of Approved Development status
  • Removal of Authorised Agent licence
  • Blacklisting on the Citizenship by Investment website as a person or entity not authorised to submit a Citizenship b Investment application

A new Public Good Investment Option (PGIO) will replace the Alternative Investment Option (AIO) and will focus on effecting real transformation for the country by investing into areas that will benefit the citizens of St Kitts and Nevis – these projects must maximise local employment, transfer technological skills and increase capacity building. Investors of the PGIO must assume all financial risks associated with the projects and, if the investment results in the development of real estate on State land, investors must agree to transfer all real estate to the State on substantial completion. Investors looking to contribute to the PGIO will be required to apply to the Board of Governors to be designated as a Public Good Investor. To qualify under the PGIO, an applicant must contribute US$175,000, excluding relevant due diligence, processing and Government fees.

Investors can also apply for citizenship through the purchase of a qualified private home, for a minimum investment of US$400 000.00 for each main applicant. Unlike the preapproved real estate option, investing through a private home means a single-family home is sold as one unit and cannot be converted into apartments, condominiums or divided otherwise. The use of shares is also prohibited.

A private home that has been purchased through the Citizenship by Investment Programme cannot be sold for a period of five years after the granting of the citizenship and the property may never be eligible for use in a subsequent Citizenship by Investment application.

Having established the citizenship by investment industry 40 years ago, the progressive government of St Kitts and Nevis believes that these changes to its programme will once again set a much-needed positive tone and direction in the investor immigration industry.

St Kitts and Nevis has created a name for itself as a financial nexus with an attractive citizenship programme underpinned by a sound legal framework and robust multi-layered due diligence.

For nearly 40 years, St Kitts and Nevis has been the pioneer of the global investor immigration industry.

Watch the full video announcement here.

PR St Kitts and Nevis
Government of St. Kitts and Nevis
mildred.thabane@csglobalpartners.com

GlobeNewswire Distribution ID 8720436

Huawei Datacom Named a Leader in the 2022 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure

SHENZHEN, China, Dec. 27, 2022 /PRNewswire/ — Huawei announced that it was named a Leader in the 2022 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure, the only non-North American vendor positioned in the Leaders Quadrant. Huawei takes it as a milestone and believes it is yet another testament to the global recognition of Huawei’s full lineup of network offerings. Huawei’s wide range of solutions include the CloudCampus 3.0 Solution, CloudEngine series switches, AirEngine Wi-Fi Access Points (APs), and iMaster NCE automatic and intelligent network management platform.

Huawei Datacom named a Leader in the 2022 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure

As an excellent supplier in the global enterprise wired and wireless LAN infrastructure market, Huawei has a host of strengths, including the comprehensive product portfolio, Artificial Intelligence (AI)- and Machine Learning (ML)-enabled network management platform, wireless-first support, and industry-leading “Ability to Execute” and “Completeness of Vision”.

Huawei has a holistic set of enterprise wired and wireless LAN infrastructure offerings. Featured products and solutions include the end-to-end CloudCampus Solution across LANs, WLANs, and WANs, feature-rich CloudEngine series switches, award-winning AirEngine Wi-Fi APs, and field-proven iMaster NCE automatic and intelligent network management platform. To date, these products and solutions have served millions of customers worldwide across industries, gaining high praise in the process.

Huawei remains committed to the global enterprise market, and constantly innovates to set the benchmark for enterprise networks in terms of simplified network architecture, best-in-class hardware design, agile software delivery, and flexible business models.

More specifically, Huawei simplifies the campus network architecture from three layers to two with its solution consisting of the central switch and Remote Units (RUs). Keeping hardware innovation in mind, Huawei has unveiled innovative third-generation Wi-Fi 6 smart antennas and a range of brand-new CloudEngine switches and AirEngine APs. With regard to software innovation, Huawei stands out with the powerful iMaster NCE automatic and intelligent network management platform that underpins the industry’s first L3 autonomous driving network for campuses. When it comes to innovative business models, Huawei differentiates itself from other vendors by launching a leasable and salable cloud management platform model, as well as flexible deployment options, including on-premises, Huawei public cloud, and MSP-owned cloud.

To date, Huawei’s campus network offerings have been widely used by customers in over 170 countries and regions across sectors such as public service, education, healthcare, manufacturing, finance, and energy, helping them build a solid digital bedrock for their digital transformation journey.

To learn more about Huawei’s CloudCampus Solution, please visit: https://e.huawei.com/en/solutions/business-needs/enterprise-network/campus-network

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of the Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner and Magic Quadrant are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

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Huawei Unveils Top 10 Trends of Smart PV for a Greener Future

SHENZHEN, China, Dec. 26, 2022 /PRNewswire/ — Huawei held the Top 10 Trends of Smart PV (photovoltaic) conference, with the theme of ”Accelerating Solar as a Major Energy Source”. At the conference, Chen Guoguang, President of Huawei Smart PV+ESS Business, shared Huawei’s insights on the 10 trends of Smart PV from the perspectives of multi-scenario collaboration, digital transformation, and enhanced safety.

As the proportion of renewable energy keeps increasing, the PV industry acquired a booming growth, yet, the industry still faces many challenges, including how to continue reducing the levelized cost of energy (LCOE), how to improve the O&M efficiency, how to maintain power grid stability as more renewable energy are feeding in, and how to ensure end-to-end system safety.

“Amid the rapid growth of the PV industry, these challenges also bring opportunities.” said Chen Guoguang. As a forward-looking enterprise, Huawei is keen to sharing our insights and thinking with our partners, as well as organizations and individuals who are interested in green and sustainable development.

Trend 1: PV+ESS Generator

As more renewable energy is feeding into power grids, various complex technical problems arise in terms of system stability, power balance, and power quality.

Therefore, a new control mode is needed to increase active/reactive power control and response capability, and actively mitigate frequency and voltage fluctuations. With the integration of PV and ESS as well as the Grid Forming technology, we can build ‘Smart PV+ESS Generators’ that use voltage source control instead of current source control, provides strong inertia support, transient voltage stabilization, and fault ride-through capabilities. This will transform PV from grid following to grid forming, helping increase PV feed-in.

A milestone in practice of these technologies was the Red Sea project in Saudi Arabia, which Huawei provided a complete set of solution including smart PV controller, lithium battery energy storage system (BESS) as one of the major partners. This project uses 400 MW PV and 1.3 GWh ESS to support the power grid which replaces traditional diesel generators and provides clean and stable power for 1 million people, building the world’s first city powered by 100% renewable energy.

Trend 2: High Density and Reliability

High power and reliability of equipment in PV plants will be the trend. Take PV inverters as an example, nowadays, the DC voltage of inverters is increased from 1100 V to 1500 V. With the application of new materials such as silicon carbide (SiC) and gallium nitride (GaN), as well as the full integration of digital, power electronics, and thermal management technologies, it is estimated that the power density of inverters will increase by about 50% in the next five years, and the high reliability can be maintained.

The 2.2 GW PV plant in Qinghai, China is 3100 m above sea level and has 9216 Huawei Smart PV Controllers (inverters) running stably in this harsh environment. The total availability hours of Huawei inverters exceed 20 million hours, and the availability reaches 99.999%.

Trend 3: Module-Level Power Electronics (MLPE)

Driven by industry policies and technology advancement, distributed PV has witnessed vigorous development in recent years. We are facing challenges such as how to improve the utilization of rooftop resources, ensure high energy yield, and how to ensure the PV+ESS system safety. Therefore, more refined management is a must.

In a PV system, module-level power electronics (MLPE) refer to power electronic equipment that can perform refined control on one or more PV modules, including micro inverters, power optimizers, and disconnectors. MLPE brings unique values such as module-level power generation, monitoring, and safe shutdown. As PV systems are becoming safer and more intelligent, the penetration rate of MLPE in the distributed PV market is expected to reach 20% to 30% by 2027.

Trend 4: String Energy Storage

Compared with traditional centralized ESS solutions, the Smart String ESS solution adopts a distributed architecture and modular design. It uses innovative technologies and digital intelligent management to optimize energy at the battery pack level and control energy at the rack level. This results in more discharge energy, optimal investment, simple O&M, as well as safety and reliability throughout the lifecycle of the ESS.

In 2022, in the 200 MW/200 MWh ESS project in Singapore for the purpose of frequency regulation and spinning reserve, the largest BESS project in Southeast Asia, the Smart String ESS implements refined charge and discharge management to achieve constant power output for a longer time and ensure frequency regulation benefits. In addition, the automatic SOC calibration function at the battery pack level reduces labor costs and greatly improves O&M efficiency.

Trend 5: Cell-Level Refined Management

Similar to PV systems shifting towards MLPE, lithium BESSs are set to develop towards smaller management level. Only refined management at battery cell level can better cope with the efficiency and safety problems. Currently, the traditional battery management system (BMS) can only summarize and analyze limited data, and it is almost impossible to detect faults and generate warnings in the early stage. Therefore, BMS needs to be more sensitive, intelligent, and even predictive. This depends on the collection, computing, and processing of a large amount of data, and AI technologies to find the optimal operating mode and make forecasts.

Trend 6: PV+ESS+Grid Integration

On the power generation side, we see more and more practices of building clean energy bases of PV+ESS that supply electricity to load centers through UHV power transmission lines. On the power consumption side, virtual power plants (VPPs) become increasingly popular in many countries. VPPs combine massive distributed PV systems, ESSs, and controllable loads, and implement flexible scheduling to power generation units and storage units to achieve peak shaving etc.

Therefore, building a stable energy system that integrates the PV+ESS+Grid to support PV power supply and feed-in to grid will become a key measure to ensure energy security. We can integrate digital, power electronics, and energy storage technologies to achieve multi-energy complementation. Virtual Power Plants (VPPs) can intelligently manage, operate, and trade power of massive distributed PV+ESS systems thru multiple technologies including 5G, AI, and cloud technologies, which will come into practice in more countries.

Trend 7: Upgraded Safety

Safety is the cornerstone of the PV & ESS industry development. This requires us to systematically consider all scenarios and links and fully integrate power electronics, electrochemical, thermal management, and digital technologies to upgrade system safety. In a PV plant, faults caused by the DC side account for more than 70% of all faults. Therefore, the inverter needs to support smart string disconnection and automatic connector detection. In distributed PV scenario, the AFCI (Arc Fault Circuit Breaker) function will become a standard configuration, and the module-level rapid shutdown function will ensure the safety of maintenance personnel and firefighters. In ESS scenario, multiple technologies, such as power electronics, cloud, and AI, need to be used to implement refined management of ESS from battery cells to whole system. The traditional protection mode based on passive response and physical isolation is changed to active automatic protection, implementing multi-dimensional safety design from hardware to software and from structure to algorithm.

Trend 8: Security and Trustworthiness

In addition to bringing benefits, PV systems also have various risks, including equipment safety and information security. Equipment safety risks mainly refer to the shutdown caused by faults. Information security risks refer to external network attacks. To cope with these challenges and threats, enterprises and organizations need to establish a complete set of “security and trustworthiness” management mechanisms, including the reliability, availability, security, and resilience of systems and devices. We also need to implement protection for personal and environmental safety as well as data privacy.

Trend 9: Digitalization

Conventional PV plants have a large amount of equipment and lack information collection and reporting channels. Most of the equipment cannot ‘communicate’ with each other which is very difficult to implement refined management.

With the introduction of advanced digital technologies such as 5G, the Internet of Things (IoT), cloud computing, sensing technologies, and big data, PV plants can send and receive information, using “bits” (information flows) to manage “watts” (energy flows). The entire link of generation-transmission-storage-distribution-consumption is visible, manageable, and controllable.

Trend 10: AI Application

As the energy industry moves towards an era of data, how to better collect, utilize, and maximize the value of data has become one of the top concerns of the entire industry.

AI technologies can be widely applied to renewable energy fields, and play an indispensable role in the entire lifecycle of PV+ESS, including manufacturing, construction, O&M, optimization, and operation. The convergence of AI and technologies such as cloud computing and big data is deepening, and the tool chain focusing on data processing, model training, deployment and operation, and safety monitoring will be enriched. In the renewable energy field, AI, like power electronics and digital technologies, will drive profound industry transformation.

At the end, Chen Guoguang remarked that the converged applications of 5G, cloud, and AI are shaping a world where all things can sense, all things are connected, and all things are intelligent. It is coming faster than we think. Huawei identifies the top 10 trends of the PV industry and describes a green and intelligent world in the near future. We hope that people from all walks of life can join hands to achieve the goals of carbon neutrality and build a greener, better future.

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Quantexa Positioned by Global Risk Analyst Firm Chartis as a Category Leader in 2023 RiskTech 100 Report for Trade-Based Money Laundering Solutions

Chartis also gave top ranking to Quantexa’s Entity Resolution solution – addressing key data management challenges that are costing financial institutions millions

LONDON, Dec. 22, 2022 (GLOBE NEWSWIRE) — Today Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that their Decision Intelligence Platform has been recognized as a category leader in the Chartis RiskTech100 report for Trade-Based Anti-Money Laundering Solutions (TBAML). Quantexa’s Decision Intelligence Platform has also been recognized by Chartis as a category leader in the recently released Chartis Financial Crime Risk Management Systems, Entity Management and Analytics Quadrant report.

RiskTech 100: Trade-Based Anti-Money Laundering Solutions
The 2023 RiskTech100 report ranks the world’s major players in risk and compliance technology. In the Trade-based money laundering (TBML) category Quantexa was named as a category leader for data support of their enterprise solution. The Quantexa Trade AML Solution was also ranked for depth of typology coverage, breadth of analytical techniques and workflow.

Today’s Anti-money laundering efforts face many growing and unresolved challenges. In a digital and globalized world, criminals are using a wide range of strategies to be successful – making context a critical factor in the ability to accurately detect trade-based money laundering. By unifying internal and external data sources and scaling to understand billions of transactions, Quantexa’s Decision Intelligence Platform helps organizations create a holistic view of transactional, customer, and counterparty information. Quantexa’s approach to TBAML provides more accurate and efficient detection so organizations can reduce risk, assure compliance, and protect their reputation. Increased alert quality and automation, combined with reducing the volume of false positives helps organizations gain efficiencies and do more with the resources they already have.

Financial Crime Risk Management Systems: Entity Resolution
Quantexa’s dynamic Entity Resolution Solution capability that is a critical part of its industry leading Decision Intelligence Platform was recognized for coverage, scalability, data enrichment, depth and breadth of data sources supported.

Quantexa’s Entity Resolution Solution is an advanced data matching capability that connects disparate and ambiguous internal and external data at scale. Entity Resolution creates focused and complete views of people, organizations, places, and other data delivering game changing data quality and match rate accuracy. Quantexa also supports ‘dynamic entity resolution’, which gives unique flexibility across multiple use cases and informs granular and extensive security protocols.

Decision Intelligence Platform
Quantexa’s Decision Intelligence Platform gives enterprises the ability to unify their data by connecting siloed sources and systems, providing the context needed to visualize the complex relationships that enable previously hidden risk to be discovered. Quantexa’s unique entity resolution technology can connect the most disparate and ambiguous internal and external data at scale to create single, complete views of people, organizations, places, and other data with 99% accuracy, handling poor quality data with exceptional performance. The result is a single view of data that becomes their most trusted and reusable resource across the organization.

Chartis Chief Researcher Sidhartha Dash said:

“Quantexa’s increasingly mature solutions and their strong implementations in large financial institutions leveraging network-based concepts, drove their rise in the RiskTech 100 as well as their leadership in TBAML and Entity Management quadrants.”

Quantexa Chief Product Officer Dan Higgins added:

“Quantexa is delighted to be included in the RiskTech 100 report, positioned very strongly amongst an esteemed list of enterprise solution providers. At Quantexa, we are keenly aware that criminals are hiding in plain sight and that traditional monitoring systems and manual controls just can’t handle today’s complexity, scale of activity and the underlying regulatory shifts, in particular the focus on counterparty risk, as well as customers. The usage of contextual monitoring to detect and manage the holistic financial crime and fraud risks within International Trade, including the identification of prerequisites such as underlying collusion, the presence of shell companies and professional money laundering gatekeeps and enablers has been a defining factor in Quantexa’s success in this space.”

ABOUT QUANTEXA

Quantexa is a global data and analytics software company pioneering Contextual Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, 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. Founded in 2016, Quantexa now has more than 500 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Washington DC, Brussels, Toronto, Singapore, Melbourne, and Sydney. For more information, contact Quantexa here or follow us on LinkedIn.

ABOUT CHARTIS

Chartis is a research and advisory firm that provides technology and business advice to the global risk management industry. Chartis provides independent market intelligence regarding market dynamics, regulatory trends, technology trends, best practices, competitive landscapes, market sizes, expenditure priorities, and mergers and acquisitions. Chartis’ RiskTech Quadrant reports are written by experienced analysts with hands-on experience of selecting, developing, and implementing risk management systems for a variety of international companies in a range of industries, including banking, insurance, capital markets, energy, and the public sector.

Media Inquiries:

C: Laurel Case, VP, Fight or Flight

T: +1 315 663 6780

E: Quantexa@fightflight.co.uk

C: Adam Jaffe, SVP of Corporate Marketing
T: +1 609 502 6889
E: adamjaffe@quantexa.com
– or –
RapidResponse@quantexa.com

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