Quantifind

Quantifind is a risk intelligence company that applies data science and machine learning to public and external data for financial crime detection. Its core offering, the Graphyte platform, is a pure-SaaS financial crimes automation solution intended to serve as a single point of entry for external data used in risk screening and investigations. The platform spans watchlist screening (sanctions, blacklists and politically exposed person lists), adverse media screening, investigations and credit risk monitoring, with configurable risk typologies, entity resolution, risk-ranked results and citable evidence for audit purposes.

Graphyte is delivered both as APIs (synchronous and batch inquiries from within existing case management systems) and as web applications with investigation workflows. The company states that its accuracy and scalability derive from roughly ten years of data science and machine learning research and patented data management techniques, supporting daily monitoring of tens of millions of customers. Reported outcomes cited by the company include entity resolution accuracy of 90%, productivity gains above 40%, a 2x increase in investigator productivity and 10-100x fewer false positives.

Business model

Software-as-a-service subscription platform sold to enterprises, delivered through web applications and APIs that integrate with customers' existing case management systems.

Recurring SaaS licensing of the Graphyte platform and its screening, investigation, adverse media and credit risk modules, with incremental adoption paths described for customers of partner solution providers.

Traction

Customers and references include Varo (digital bank BSA function), the anti-trafficking organization Polaris, and partner endorsements from Oracle FCCM, Dow Jones and Matrix-IFS; the company describes usage by Tier 1, regional and digital banks globally and by federal, state and defense institutions, and cites a Celent report identifying up to $177.9M in annual savings.

Latest developments

A Celent analyst report promoted on the company site states that Quantifind unlocks up to $177.9 million in annual savings, and the company markets Graphyte to banks as delivering roughly 40% productivity gains in risk screening and investigations.