📣Upcoming Webinar: The Biggest Challenges in Data Quality: How Far Can AI Go to Solve Them? 📣
In this webinar, Dan Onions, Global Head of Data Management at Quantexa, and Martin Maisey, Head of Data Management EMEA, will delve into the pressing question on every data professional's mind: "How can AI help me?" Unlock the full potential of your data strategy: As AI technologies, particularly LLMs, become increasingly integral to data management strategies, ensuring the quality and reliability of these systems' outputs is paramount. Our experts will explore the critical role of foundational data quality in harnessing AI effectively and responsibly, and address key challenges, such as achieving consistency and accuracy in AI-generated outputs and aligning them with regulatory standards already on the horizon. Attendees will gain insights into practical applications of AI in the real world, understanding how to make AI outputs on data trustworthy across the entire organization. Register Your Place Here: The Biggest Challenges in Data Quality: How Far Can AI Go to Solve Them? (quantexa.com)
Catch up on the latest conversations from our Specialist User Groups 💬
Here's what you might have missed this month from our Data Management, Financial Crime, Insurance, and KYC groups: Don't miss our new 'A day in the life of... an Investigator' series 🔎 Entity Quality Management for Data Quality? A Tale of Two Investigations: Transforming Financial Crime Risk Monitoring and Investigations Investigating Network Fraud: 4 Key Areas for Investigators If you haven’t already, join a user group today to stay up to date: 💻 Data Management Open the door to a truly connected view across all your data assets from across internal and external sources, improve data quality, build applications, and take control of master data. 💵 Financial Crime Unlock value in order to make smarter and more informed risk and intelligence-based decisions. 🔍 KYC- Know Your Customer Shift back to the core purpose of KYC in understanding the risk associated with prospects, customers and their related activity across the life cycle. 🛡️ Insurance Brings together all things to do with insurance at Quantexa and looks to enable customers, partners, colleagues and insurance thought leaders to share expertise. Find more of the best from the Community this month in our monthly digest: 📚A day in the life of a... Technical Lead & Best of Community from November
Entity Quality Management for Data Quality?
Data quality is one of the major challenges that organizations suffer from, consuming up to 50% of data users time, costing up to 30% loss in revenue and destroying trust in data. In today's data-dependent business environment, the urgency for impeccable data quality is driven by a confluence of market forces. Fears of reputational damage due to data mishaps, the competitive pressure from digital-first competition, and an array of stringent regulations are pushing companies to reassess their data management strategies. Quantexa's Entity Quality Management (EQM) solution enhances the efficiency and effectiveness of data remediation by tailoring campaigns to align with evolving business needs. It directs remediation activities through the efficient remediation channels, from hands-on steward workflows to automated prompts in customer portals and CRM systems. Validated in production environments, Quantexa's EQM solution has integrated more than 80 data sources, achieved a 9% rate of deduplication, and uncovered 2.5 million matches that competing solutions overlooked. Simultaneously, it has effectively identified cases of overmatching and facilitated the prioritization and support of 1,000 merge reviews on a weekly basis. How does it work? Quantexa's Entity Quality Management solution seamlessly ingests a wide array of data, irrespective of its origin, embracing both internal and external sources with a model-agnostic approach that ensures rapid integration. It employs sophisticated AI/ML models to automatically parse, cleanse, and standardize data, laying the groundwork for a consistent and reliable data foundation. Source records are then transformed into an accurate single entity view, thanks to Quantexa's scalable and highly-accurate entity resolution capability. The solution assesses each record, applying a set of rules designed to identify and rectify any anomalies, such as historical overlinking, underlining, potential duplicates, and various attribute inconsistencies, enriching the data's integrity and reducing false positives. The user experience is elevated through interactive dashboards that provide dynamic visualizations, breaking down data by various quality indicators, technical specifications, and business attributes, thus enabling a thorough understanding of data quality and the focused identification of areas for remediation. By leveraging Quantexa’s EQM solution, organizations achieve situational awareness of data quality across the enterprise, enabling a focused approach to remediation. As a result, businesses can prioritize their data quality efforts efficiently, targeting areas of most significant impact and aligning remediation tasks with current business priorities and operational demands. Integration with key enterprise services facilitates a seamless and effective data quality management process.📽️ Master Data Management UI Demo - Watch now
Missed our recent 📣Master Data Management UI Demo & Feedback Sessions? Below, you can watch a short demo previewing Quantexa’s latest advancements in Master Data Management (MDM) capabilities. ✍️We'd love to hear your feedback! Please take a moment to share by completing a short survey: MDM Demo Feedback Survey For completing the survey, you'll receive our User Research Participant badge + points to climb the Community leaderboard 🤝 You can also leave questions & feedback for in the comments below⬇️Check out the latest from our Specialist User Groups!
The Quantexa Specialist User Groups provide opportunities to network and join industry and solution focused conversations! Here's what you might have missed this month from our Data Management, Financial Crime, Insurance, and KYC groups: 🥇Quantexa Wins GOLD at Insurance Times Awards!🥇 Perspective: Addressing SEC-Identified AML Program Deficiencies at Broker-Dealers Chris Bagnall's 3-Part Series on Human Trafficking 📅 London Insurance: Quantexa, Accenture & Google Cloud - Contextual next-gen AI insurance market 📅 Allied Market Research Forecasts Insurance Fraud Detection Market CAGR 24% If you haven’t already why not join a user group today: 💻 Data Management Open the door to a truly connected view across all your data assets from across internal and external sources, improve data quality, build applications, and take control of master data. 💵 Financial Crime Unlock value in order to make smarter and more informed risk and intelligence-based decisions. 🔍 KYC- Know Your Customer Shift back to the core purpose of KYC in understanding the risk associated with prospects, customers and their related activity across the life cycle. 🛡️ Insurance Brings together all things to do with insurance at Quantexa and looks to enable customers, partners, colleagues and insurance thought leaders to share expertise. ❗️If you have a suggestion for another Specialist User Group you would like to see, please comment below 😊 Find more of the best content from across the Community in our monthly digest: What Happened on the Quantexa Community in SeptemberCheck out the latest content from our Specialist User Groups!
The Quantexa Specialist User Groups provide opportunities to network and join industry and solution focused conversations! Check out the latest content from our Data Management, Financial Crime, Insurance, and KYC groups below. All Investigations are created equal…right? by Decision Intelligence is the Key To Stopping Modern Slavery And Human Trafficking by Advancing Correspondent Banking Insights: Identification of non-customer entities by The changing shape of fraud in the UK market - ABI Fraud Statistics by TransUnion: Synthetic Identity Fraud Growing to Record Levels by If you haven’t already why not join a user group today: 💻 Data Management Open the door to a truly connected view across all your data assets from across internal and external sources, improve data quality, build applications, and take control of master data. 💵 Financial Crime Unlock value in order to make smarter and more informed risk and intelligence-based decisions. 🔍 KYC- Know Your Customer Shift back to the core purpose of KYC in understanding the risk associated with prospects, customers and their related activity across the life cycle. 🛡️ Insurance Brings together all things to do with insurance at Quantexa and looks to enable customers, partners, colleagues and insurance thought leaders to share expertise. ❗️If you have a suggestion for another Specialist User Group you would like to see, please comment below 😊 Find more of the best content from across the Community in our monthly digest: What Happened on the Quantexa Community in AugustCheck out the latest content from our Specialist User Groups!
The Quantexa Specialist User Groups provide opportunities to network and join industry, and solution focused conversations! Check out the latest content from our Data Management, Financial Crime, Insurance, and KYC groups below. If you haven’t already why not join a user group today? 💻 Data Management Open the door to a truly connected view across all your data assets from across internal and external sources, improve data quality, build applications, and take control of master data. What is Entity Quality? By The Power of “Contextually Connected Entities” for Maximising Decision Intelligence – Online Webinar 💵 Financial Crime Unlock value in order to make smarter and more informed risk and intelligence-based decisions. Laundering the proceeds of crime through underground banking schemes & the importance of context By 🔍 KYC- KNOW YOUR CUSTOMER Focus on unlocking the potential in your data, operations and network to move away from the heavy processes and enable a shift back to the core purpose of KYC in understanding the risk associated with prospects, customers and their related activity across the life cycle. Work your way through an Enhance Due Diligence use case in Quantexa's AML Investigator themed course by 🛡️ Insurance Brings together all things to do with insurance at Quantexa and looks to enable customers, partners, colleagues and insurance thought leaders to share expertise Why are some insurance companies pulling out of high-risk areas like Florida and California? by Perspectives on the impact to insurers of the consumer duty act in the UK by ❗️If you have a suggestion for another Specialist User Group you would like to see, please comment below 😊Recording for The Power of “Contextually Connected Entities” for Maximising Decision Intelligence
Hi everyone! If you've missed the webinar on The Power of “Contextually Connected Entities” for Maximising Decision Intelligence, you can now watch it on demand using the below link! https://info.quantexa.com/decision-intelligence-webinar-apac-deloitte We're keen to hear your thoughts on the topic, so please leave it below! CheersWhat is Entity Quality?
Most organizations are concerned with data quality. What's usually neglected is the Entity Quality. But what exactly is Entity Quality? Entity Quality, or EQ for short, is a way to determine the quality of a resolved entity. Say we get a resolved entity based on matching 3 different records, based on some matching logic. The question that arises here is: do these 3 records actually represent the same real-world thing/entity? How confident are we that they do? Entity Quality is about that. It's a way to give end users confidence, via a calculated/aggregated score. At Quantexa, we provide Entity Quality Scoring, or EQS, a way to provide confidence scores for resolved entities. It determines over/under linking in entities. Check out a nice short blog on the entity quality overlinking tool that has been developed based on this functionality. That said, this functionality is embedded in the product, and users can view the generated scores easily, and investigate any entity (if/when needed). Do you measure entity quality at your organization? If yes, how? If no, do you think this can be useful? Please share your thoughts!Aug 3 Webinar: The Power of “Contextually Connected Entities” for Maximising Decision Intelligence
As defined by Gartner, Decision Intelligence improves decision-making by understanding and engineering how decisions are made, and how outcomes are evaluated, managed, and improved by feedback. Using artificial intelligence, Decision Intelligence unlocks the power of entity resolution and graph analytics to turn data into accurate decisions at scale. This means that data becomes more than the sum of its parts– not piecemeal, siloed, and afflicted with poor quality. Decision Intelligence connects all data from previously siloed and scattered points and creates as single trusted, and reusable resource. Join me and Melissa Ferrer, Partner, Data & AI, at Deloitte in a Live webinar as we delve deeper in to Decision Intelligence, and the importance of Contextually Connected Entities in having informed decisions. Event page on the community: Webinar: The Power of “Contextually Connected Entities” for Maximising Decision Intelligence The business world is more data-driven than ever, but making sense of the vast amounts of data available can be a daunting task. Many businesses struggle to bridge the gap between data and decision making, and often lack a comprehensive view of their customers. OR direct event landing page: https://info.quantexa.com/decision-intelligence-webinar-apac?hs_preview=Novfdgge-122643133495
