TORONTO, March 29, 2019 /PRNewswire/ -- Quantexa, a leading enterprise intelligence company specializing in advanced data analytics, has furthered its international expansion by opening a new office in Toronto.
The office is situated in the financial hub of Canada and aims to have 25 Toronto-based employees by the end of 2019. This will include a 20-strong delivery team of data scientists and engineers to support Quantexa's growing client base across Canada.
Following on from successes in North America and with existing high-profile global clients, Quantexa is already working with multiple major Canadian banks based in Toronto. The company is looking to target clients in multiple sectors including financial services, oil and gas, government, telecommunications and transportation.
Toronto is the sixth international office opening outside the UK Headquarters in the last two years. This expansion reflects the growing customer base outside the UK, adding to an impressive client list, including some of the world's largest financial institutions.
Commenting on this expansion, CEO Vishal Marria said: "As the demand for financial crime solutions are increasing in the Canadian market, we have invested into the country to better serve our clients and continue innovating with them."
Quantexa empowers organizations to drive better decisions from their data. Using the latest advancements in big data and AI, Quantexa uncovers hidden customer connections and behaviours to solve major challenges in financial crime, customer insight and data analytics.
Founded in 2016, Quantexa has accomplished rapid global expansion and achieved a valuation of £124 million in August 2018. Headquartered in London, Quantexa now has over 130 employees across the globe with offices in London, New York, Boston, Toronto, Brussels, Singapore and Sydney.