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The UK wing of PwC has introduced a brand new partnership with Quantexa, to present its purchasers the flexibility to grasp and visualise their complicated knowledge. Based mostly across the latter’s Choice Intelligence platform, the service will provide a single view of knowledge that turns into a trusted and reusable useful resource throughout an organisation.
Scott Samme, monetary providers accomplice with PwC UK, commented, “I’m very excited that PwC UK shall be becoming a member of forces with Quantexa to assist our purchasers transfer from power to power. Supporting our purchasers on their journey to turn into a data-driven organisations means embracing automated decision-making as an integral a part of on a regular basis operations.”
Based on Samme, PwC UK shall be leveraging the most recent know-how and AI alongside Quantexa, to present its purchasers a “360 diploma view of the businesses they’re doing enterprise with”. It will embrace figuring out methods to decelerate or forestall fraud, implement compliance, examine felony actions, dispense profit funds, safe borders, determine fraudulent actions, guarantee compliance, speed up income development, improve buyer expertise, and extra.”
Samme added, “Comprehending these challenges is daunting and expensive. By instituting a unified, built-in, and dynamic view of confirmed entities and networks, these challenges may be tackled with better pace and accuracy, increased efficiency, and at scale.”
Quantexa’s Choice Intelligence (DI) platform can even be put in throughout all PwC UK infrastructure, enabling the agency to convey collectively a number of sources of third social gathering knowledge on UK corporations. It will permit PwC UK to supply insights to its purchasers on their prospects, which might then help their very own knowledge analytics.
Extending a pre-existing relationship between the businesses, PwC and Quantexa are already working collectively within the UK, throughout a variety of industries from shopper markets and monetary providers, to authorities and telecoms. Trying forward, their new stage of connection will assist them to supply purchasers with a steady stream of related and useful insights introduced in context. This may help corporations navigate ongoing challenges corresponding to provide chain and procurement threat, monetary crime, fraud, Know Your Buyer (KYC), knowledge administration and buyer intelligence.
Quantexa has lengthy been a accomplice of many different giants from the consulting trade. In 2018, Accenture’s venture wing launched an alliance with the agency to supply options tackling cash laundering within the monetary sector. And in 2021, KPMG additionally agreed a partnership with Quantexa, deepening its financial and monetary crime capabilities.
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