With an estimated 50 million people falling victim to human trafficking globally, and the industry valued at a staggering $150 billion, the collaboration between Quantexa and ATII aims to leverage innovative AI technology to enhance the identification and investigation of human trafficking cases.
Quantexa will contribute its cutting-edge Decision Intelligence technology, industry expertise in AI-driven financial crime prevention, and intensive training to ATII. The collaboration seeks to revolutionize the way data is utilized in the fight against human trafficking, making global human trafficking risk data more accessible to a broader range of organizations.
The Quantexa Decision Intelligence Platform, known for its ability to automate data ingestion and matching at an unprecedented scale, will empower investigators to visually identify elusive financial crime activities associated with human trafficking. By incorporating persona-based typologies and red flag identification protocols, the collaboration aims to expedite the identification of potential human trafficking involvement with greater accuracy and efficiency.
Aaron Kahler, Founder and CEO of ATII, expressed enthusiasm about the partnership, stating, "Partnering with Quantexa grants us access to innovative AI technology that will take our mission to fight human trafficking to the next level, transforming our existing processes and providing our partners with improved data to inform investigations faster and more efficiently."
Clark Frogley, North American Head of Financial Crime Solutions at Quantexa, emphasized the role of financial activity in enabling human trafficking, noting, "Human trafficking is often enabled by illegal financial activity, and Quantexa's deep experience helping organizations to monitor, detect, and investigate financial crimes makes us the ideal partner to support ATII's mission."
This collaboration not only aims to strengthen efforts against human trafficking but also aligns with environmental, social, and governance (ESG) and anti-money laundering (AML) initiatives. Quantexa and ATII believe that reinforcing these efforts is critical to putting an end to human trafficking.
For those interested in further insights into global challenges and solutions related to human trafficking, a podcast featuring Chris Bagnall, Director of Financial Crimes Solutions at Quantexa, Chris Kemp, Director of Enterprise Operations at the ATII, and Karim Rajwani, ATII Advisory Council Chairman, is available on Moody's Talks.
About Quantexa: Quantexa is a global data and analytics software company that pioneers Decision Intelligence, empowering organizations to make trusted operational decisions by making data meaningful. Founded in 2016, Quantexa now has offices in major cities worldwide, with over 675 employees and thousands of users working with billions of transactions and data points across the globe. For more information, visit www.quantexa.com or follow Quantexa on LinkedIn.