Quantifind
From Wikipedia, the free encyclopedia
 | |
| Company type | Private |
|---|---|
| Industry | Anti-money laundering software |
| Founded | 2009 |
| Founders | Ari Tuchman and John Stockton |
| Headquarters | , |
Key people | Ari Tuchman (CEO) |
| Website | quantifind |
Quantifind is an American technology company that provides software as a service to discover, investigate, and report entity risk as an indicator of potential financial risk, financial crime, and money laundering. The software is used by financial institutions and government agencies.
The company's algorithms extract signals from multiple sources of public, unstructured data, including news and legal filings, sanctions lists and leaks databases. It performs analysis to assess the degree of risk associated with a particular person or organization.[1] It also provides web based investigation and reporting tools.
Quantifind's headquarters are located in Palo Alto, California, with additional offices in New York City, Boston and Washington, D.C.
Quantifind was founded in 2009 by Ari Tuchman and John Stockton,[2] two quantum physicists from Stanford University and Caltech.[3][4] With early funding from the National Science Foundation,[5] Quantifind worked on pilots for technology and defense intelligence mapping, before a meeting with Disney led the company to focus its data science on helping marketers gain insights they can use to optimize sales.[6] The company then extended its data-driven strategy business into multiple verticals including retail, financial services, entertainment, consumer packaged goods, telecom, and QSR.
In 2016, Quantifind began working with financial institutions for Anti-money laundering and manage risk.[7] In 2019, the company announced partnerships with Acuris Risk Intelligence and Oracle to "transform anti-money laundering processes" using enrichment from public data sources.[8][9] In 2020, Quantifind announced partnerships with OpenCorporates, a provider of data on corporations, and Snowflake Inc., a cloud-computing-based data warehousing company.
In 2021, Quantifind announced[10] a contract with the United States Department of Defense to accelerate development of Quantifind's risk assessment capabilities beyond financial crimes. It also announced[11][12] Varo Money as a customer and Dow Jones & Company as a partner.[13]