Case Study: Standard Chartered Bank strengthens financial crime detection with Quantexa Decision Intelligence

How Decision Intelligence Helps Standard Chartered To Win The Battle Against Financial Crime

Standard Chartered Bank faced significant challenges in combating financial crime due to siloed internal data and heavily manual investigation processes. These inefficiencies resulted in high false-positive rates, wasted resources, and difficulty identifying sophisticated illicit activities, preventing the bank from effectively stemming the flow of criminal funds.

Quantexa implemented its Decision Intelligence solution, utilizing entity resolution and advanced analytics to integrate the bank's disparate data sources. This provided investigators with a holistic, contextual view of client relationships and transaction networks. For Standard Chartered Bank, Quantexa's technology enabled more efficient and accurate investigations, improved risk detection by uncovering previously hidden links between entities, and significantly reduced the time spent on false alarms, allowing analysts to focus on genuine threats.

Standard Chartered Bank

David Howes

Global Head of Financial Crime Compliance