KUALA LUMPUR, Jan 12 (Bernama) -- Quantexa, a global leader in Decision Intelligence (DI) solutions, announced its official corporate sponsorship and Advisory Council membership of the Anti-Human Trafficking Intelligence Initiative (ATII), to mark National Human Trafficking Awareness Day.
The ATII is a United States (US)-based nonprofit organisation whose mission is to fight human trafficking and child exploitation by providing data to advance the prevention, detection, investigation, and reporting mechanisms required to identify potential traffickers and criminal organisations.
The International Labor Organization estimates that 50 million people are victims of human trafficking globally, with human trafficking operating as a US$150 billion industry worldwide. (US$1=RM4.64)
Quantexa North American Head of Financial Crime Solutions, Clark Frogley said the company is proud to partner with ATII to support the valuable work that the organisation is doing to stop human trafficking.
“Human trafficking is often enabled by illegal financial activity and Quantexa’s deep experience helping organisations to monitor, detect, and investigate financial crimes makes us the ideal partner to support ATII’s mission.
“This partnership will aid organisations to reinforce their environmental, social, and governance (ESG) and anti-money laundering (AML) efforts which are critical to stopping human trafficking,” he said in a statement.
Meanwhile, ATII Founder and Chief Executive Officer, Aaron Kahler said: “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.”
Quantexa will provide groundbreaking DI technology, alongside its industry-leading expertise in artificial intelligence (AI)-driven financial crime prevention and detection through training and joint industry engagement.
Together, Quantexa and ATII will make pioneering global human trafficking risk data available to more organisations to transform anti-human trafficking efforts and joint initiatives between the private and public sectors.
The Quantexa DI Platform enables organisations to automate data ingestion and matching at unmatched scale and apply graph analytics to visually identify often hard-to-detect activity related to financial crime.
-- BERNAMA
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