About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Quantexa and Arachnys Partner to Identify and Monitor Customer Risk

Subscribe to our newsletter

Quantexa, provider of big data management software, and Arachnys, provider of a financial crime risk assessment platform, have teamed up to identify and monitor customer risk.

Quantexa will use the Arachnys cloud-based investigation platform and global news assets to dynamically screen against negative news, locate missing Know Your Customer (KYC) data and provide enhanced risk scoring, giving financial institutions a deeper understanding of the risks associated with their customers.

Arachnys will use Quantexa software to compute relationship and network risk, identify high-risk entities and ultimate beneficial ownership structures, and trigger events for KYC data collection. The combination of technologies is designed to reduce false positive matches and ensure complete views of customer risk across populations, while assuring compliance with regulations.

The partnership comes ahead of the US Treasury’s Office of the Comptroller for Currency’s (OCC) final rule on customer due diligence, which will be implemented on May 11, 2018. The OCC rule states that all financial institutions must adhere to specific requirements in understanding who the ultimate beneficial owner is of every newly opened account.

Vishal Marria, CEO at Quantexa, says: “With the final date on the OCC’s ruling fast approaching, we are able to offer financial institutions technology to help keep them compliant and tackle a crucial issue.”

Ed Sander, president of Arachnys, comments: “The identification of ultimate beneficial owners will financial institutions in 2018. The combined Arachnys and Quantexa capabilities will provide institutions with improvements in their risk management capabilities and help them in the ongoing fight against financial crime.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to simplify and modernize data architecture to unleash data value and innovation

The data needs of financial institutions are growing at pace as new formats and greater volumes of information are integrated into their systems. With this has come greater complexity in managing and governing that data, amplifying pain points along data pipelines. In response, innovative new streamlined and flexible architectures have emerged that can absorb and...

BLOG

APAC Data Management Leaders Revealed in Inaugural A-Team Insight Awards Introduction

A-Team Group is pleased to announce the winners of the inaugural Capital Markets Technology APAC Awards 2025. These awards celebrate the technology providers and financial institutions at the forefront of innovation across the Asia Pacific region. Coinciding with the announcement, we have also launched our comprehensive annual report, “The State of Capital Markets Technology in...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...