Introduction
Quantexa Cloud AML is a cloud-native product built on Quantexa’s proven Financial Crime and KYC capabilities. Designed for mid-size and community banking professionals, it delivers end-to-end Anti-Money Laundering (AML)/Countering the Financing of Terrorism (CTF) functionality. The product connects internal and external data to create a strong data foundation and a single customer view that powers accurate risk detection, efficient monitoring, streamlined workflows and confident decision-making. Starting with AML, it drives enterprise-wide value, enhancing trust, boosting efficiency, and accelerating transformation. Product Highlights ⭐Purpose-built for mid-size banks: A fully integrated End-to-End (E2E) AML product built with and for mid-size and community banks. ⭐ Unified data foundation: Combines internal and external third-party data (i.e. corporate registries, sanctions) to create the context required to detect and investigate meaningful financial crime. ⭐Single customer view: Perform advanced Entity Resolution with confidence across multiple data sets, connecting and contextualizing all your data into a 360 degree view of your customers and counterparties. ⭐Advanced AML Contextual Monitoring: Leverage third-party data and power advanced functionalities such as multi-level scorecards, network scoring and transactional and relational attributes to create context to uncover new, emerging and often hidden risk. ⭐Comprehensive Customer Risk Review: Risk rate customers at onboarding and continuously thereafter, transitioning from periodic to automatic, event-driven monitoring of KYC profile changes. ⭐Case Management: Employ end-to-end workflow automation, enrich narratives and unlock operational efficiencies in investigative and due diligence processes, research and regulatory reporting (i.e. Suspicious Activity Report (SARs) and Currency Transaction Report (CTRs). ⭐Regulatory Reporting Automation: Streamlined FinCEN reporting to minimize compliance overhead. ⭐Secure risk sharing: Comply with 314(a) screening and establish secure, proactive information-sharing on clearly identified financial crime risks across banks. ⭐Q Assist investigation co-pilot: Boost productivity and effectiveness with Q Assist. Empower you to identify more risk, faster with an embedded AI Copilot, using natural language to converse with contextual insights. High-Level Process Flow With Quantexa Cloud AML, your anti-financial crime professionals can securely access Quantexa's cloud product through a seamless Single Sign-On (SSO) integration with your bank’s internal system. Once logged in, you will be directed to Quantexa Cloud AML’s Case Management View, a centralized interface designed to streamline workflows such as alert, investigation processes, SARs, CTRs, and Customer Risk Reviews (CRRs). From its intuitive dashboard, cases can be managed and assigned, allowing analysts and investigators to open a case and access a comprehensive customer risk profile. This combines internal and external third-party data and is powered by Quantexa’s Entity Resolution and Graph Generation providing a single customer view that drives a holistic risk assessment to enhance decision-making. To improve efficiency, investigators can generate a prepopulated Suspicious Activity Report (SAR) directly from an AML alert with minimal manual input. With just a few clicks, SARs can be seamlessly submitted to FinCEN, enabling a fast, compliant, and streamlined reporting process. What’s in the User Guide? In this user guide, you’ll be introduced to the foundational concepts of the Quantexa Cloud AML product and gain insight into its key features and functionalities. We will cover the following topics: Quantexa Foundations: Core Concepts Search Scoring Transaction Explorer Investigations 🔜 Data Viewer 🔜 Q Assist 🔜 Quantexa Cloud AML Features Case Management Anti-Money Laundering (AML) Currency Transaction Report (CTR) Customer Risk Review (CRR) 314a Matching 🔜 314b Information Sharing 🔜 Dashboards and ReportingQuantexa Technical Foundations Release 2, the First Community Grandmaster & June Highlights
June Top Picks: 📢New Education Program Launch 🚀 | Quantexa Technical Foundations Release 2 🔍Tips & Tricks for Managing Large and Complex Networks - Update for 2.5 & 2.6 🏆Congratulations to our first Community Grandmaster 🥳 Latest from the Community Library: 📖 A Day in the Life of... a CEO 📖 Deploying Quantexa's Application tier on OpenShift Container Platform (OCP) - login required 📖 Entity Quality: The Good, the Bad and the Ugly - login required 📖 An Introduction to Knowledge Graphs and qKnowledgeGraph 📖 Kafka Streaming Debugging and Troubleshooting - login required Upcoming Events: 🗓️ 16th July: https://community.quantexa.com/events/166-ai-in-government-program-integrity-whos-using-ai-how-why-and-with-what-results 🗓️ 19th July: https://community.quantexa.com/events/169-july-community-connect Specialist User Groups: 💸 FinCrime: Quantexa's SME newly released SME classifier - are you accurately identifying your SME customers? 💸 FinCrime: A Roadmap to Resilience: How Banks Can Leverage AI to Advance AML Capabilities 💸 FinCrime: How to Grow Your Correspondent Banking Business New & Popular Ideas (login required): 💡Disable Transaction Explorer Summarized Results Edit option - New Idea 🚀Improve ability to understand source of information on entity-entity edges - Roadmap Consideration 🛠️DSL should output instances where a single node isn't expanded because of a configured limit- In Progress Q&A (login required): ✅Setting up data viewer ✅Multilingual facet selection resets when changing UI language ✅Is it Possible to Visualize Network Generation Stage Output on Quantexa UI Community Quick Links: 👋Meet the Community Team 🚀 Submit and vote for Ideas in our Ideas Portal 🗣️ Join one of our Specialist User Groups: FinCrime, Insurance, Data Management & KYC 📚️ Browse blogs, articles and guides in our Community Library
