Accenture: takes minority stake in London AI startup

(CercleFinance.com) - Accenture has made a minority investment in Quantexa, a London-based startup specialised in big data and AI, the IT consulting group said on Wednesday.


The move will help Quantexa accelerate the development of its AI-powered real-time entity resolution and network analytics technology, by working with the technology giant, Accenture said.

The collaboration will focus on several topics, including fighting financial crime and money laundering, the company said.

As part of the alliance, Accenture plans to build new capabilities that combine its technology and risk expertise with Quantexa's network analytics platform.



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