📣 Announcing Our Upcoming Webinar: Tips & Tricks for Managing Large and Complex Networks 📣
We’re excited to announce our upcoming session based on the very popular article Tips & Tricks for Managing Large and Complex Networks by . In this session, Stacey will team up with , Head of Product Design, and , Head of AML Solutions, to delve into practical strategies and new functionalities that simplify the complexities of working with large-scale networks, ensuring you can harness their full potential. To make this webinar as relevant and valuable as possible, we want to hear from you! Submit your questions ahead of time to ensure we cover the topics that matter most to you. Get Involved: Share Your Questions: What specific challenges do you face when managing large or complex networks? Are there any network features you'd like more clarity on? Highlight Your Interests: Are there particular techniques or features from Stacey’s article that you'd like to explore further during the session? Let us know! How to Submit Your Questions & Topics: Comment Below: Drop your questions or areas of interest in the comments ⬇️ Suggestion Box: Alternatively, submit your thoughts via our Community Suggestion Box. Community Suggestion Box Help us make the Community better! Let us know if there is anything that would improve your experience on the Quantexa Community. What's Next: We'll be collecting your questions over the next few weeks, so don’t miss your chance to contribute! Stay tuned for the official session announcement and invitation. We can't wait to see you there!
Uplifting sanctions/export controls and breaking anonymity
A Canadian national and a New York resident pleaded guilty this week to conspiracy to commit export control violations for their roles in a global procurement scheme on behalf of sanctioned Russian companies. Some of the electronic components shipped by the defendants were later found in seized Russian weapons platforms and signals intelligence equipment in Ukraine. According to the court documents, the defendants allegedly conspired to ship more than $7 million in dual-use US electronics to sanctioned Russian companies, shipping the components through front companies in several countries, including Turkey, India, China, and the United Arab Emirate, from where they were subsequently rerouted to Russia. As this and other similar cases highlight, sanctioned parties and organized criminal networks are growing more sophisticated and aligned in their techniques every day. 🔦 Breaking anonymity and overcoming obfuscation remains critical The illicit usage of Shell/Front Companies, transactions and shipments to non-sanctioned countries and entities, the presence of underlying collusion etc. have all made risk management in this space increasingly difficult. This has put an unnecessary burden on frequently separate investigation and analyst teams within financial institutions to gather data and make the connections. However, by bringing together internal and external KYC, AML and Sanctions data, intelligence and processes, Quantexa enables the comprehensive contextual monitoring of customers and counterparties throughout their entire lifecycle. This allows institutions to better identify and manage holisticrisk, inclusive of sanctions and the presence of evasion techniques, including the illicit usage of shell companies, professional enablers and gatekeepers. To see how technology, combined with better data sources and focused typologies have changed the way institutions can break through the anonymity so essential for sanctions risk management, please reach out or take a look at the below. ➡Breaking Anonymity Through AI: Sanctions, Shell Companies and Scandals (webinar on-demand) ➡Navigating Secondary Sanctions Risk: The Heightened Need to Mitigate Indirect Exposure (blog) ➡New FinCEN Advisory: Counter the Financing of Iran-Backed Terrorist Organizations (blog) ➡Navigating Global Sanctions: Technology Solutions for Asia-Pacific Compliance Challenges (blog)Don't miss our new 'A day in the life of... an Investigator' series 🔎
Did you know we've recently added a new section for investigators to our A day in the life… series? Check out the series (login required) to read about a typical day of some of the best investigators using Quantexa, as well as some of their top investigation success stories. Interested in contributing your story? Let us know at community@quantexa.comCheck 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 😊
Work your way through an Enhanced Due Diligence use case in Quantexa's AML Investigator course
Just like AML investigators, analysts specialised in Enhanced Due Diligence (EDD) cases are required to master the art of detecting the risk within a customer's profile or activity. This program teaches individuals how to combine many of the key components of the Quantexa platform that they have learnt about in the Quantexa Foundations program in such a way as to facilitate their ability to conduct an EDD themed Investigation. (Duration: 4 days) Having completed the program, learners will understand the relevant core concepts and how to use the key UI components of the Quantexa platform based on a Know Your Customer (KYC) use case. Modules include: Quantexa User Foundations Program - Introduces the core concepts of our platform, including Networks, Documents, Entities, and Entity Resolution. This Program also introduces Search, Investigation and Task components of the Quantexa platform’s UI. Quantexa Investigations Series: AML Investigator - Teaches how to combine many of the key components of the Quantexa platform that you have learnt about in the Quantexa Foundations program in such a way as to facilitate your ability to conduct an AML or EDD themed Investigation. Outcome: On successful completion of the program and its associated Knowledge Check, learners will be awarded the Quantexa Investigations Series: AML Investigator completion badge. Read more about the courses we offer and how to sign up in our Introduction to Quantexa Education Services and the Quantexa Academy For more Financial Crime updates, discussions, and events why not join our Financial Crime User Group?Did you know we offer an AML Investigator Program through the Quantexa Academy?
This program teaches individuals how to combine many of the key components of the Quantexa platform that they have learnt about in the Quantexa Foundations program in such a way as to facilitate their ability to conduct an AML themed Investigation. (Duration: 4 days) Having completed the program, learners will understand the relevant core concepts and how to use the key UI components of the Quantexa platform based on a Know Your Customer (KYC) use case. Modules include: Quantexa User Foundations Program - Introduces the core concepts of our platform, including Networks, Documents, Entities, and Entity Resolution. This Program also introduces Search, Investigation and Task components of the Quantexa platform’s UI. Quantexa Investigations Series: AML Investigator - Teaches how to combine many of the key components of the Quantexa platform that you have learnt about in the Quantexa Foundations program in such a way as to facilitate your ability to conduct an AML themed Investigation. Outcome: On successful completion of the program and its associated Knowledge Check, learners will be awarded the Quantexa Investigations Series: AML Investigator completion badge. Read more about the courses we offer and how to sign up in our Introduction to Quantexa Education Services and the Quantexa Academy Join our KYC- Know Your Customer User Group for all the latest KYC news!
How innovation is helping organizations navigate complexities of Capital Markets AML
Join Andrea Walser, and for a short Fireside Chat session where they discuss evolution of transaction monitoring landscape and how contextual monitoring and advanced technologies can help organizations in enhancing their capital markets AML controls. You can also read our Anti-Money Laundering in Capital Markets: Time to Embrace Innovation blog (must be logged in to view)Anti-Money Laundering in Capital Markets: Time to Embrace Innovation
Detecting money laundering risk in capital markets is a challenge which the industry has long struggled to effectively overcome. It is clear that the traditional rule-based transaction monitoring systems are not working and capital market firms need to adopt new technologies and approaches to stamp out money laundering. Read about this complex problem and how Quantexa is helping to solve the issue Anti-Money Laundering in Capital Markets: Time to Embrace Innovation - Quantexa Community IntroductionDetecting money laundering risk in capital markets is a challenge which the industry has long struggled to effectively overcome. Capital markets inherent risk characteristics, such as high volumes of transactions, cross-border activity, direct market access and complex product offerings complicates risk… Or watch our short Fireside Chat session:
