Hitachi Energy to support major renewable electricity transmission between Canada and New York City

HVDC Light® transmission system will transfer renewable energy for over 1 million New York homes and help achieve the state’s climate goals

Zurich, Switzerland, Sept. 20, 2022 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it was selected by Transmission Developers Inc., a Blackstone portfolio company specialized in renewable power development, to supply a high-voltage direct current (HVDC) converter station that is a key part of the transmission solution for the Champlain Hudson Power Express (CHPE) HVDC interconnection between Québec, Canada and the New York City metro area, the United States.

The link will enable the delivery of clean, renewable hydropower between Canada and New York, contributing to New York’s Climate Leadership and Community Protection Act (CLCPA), which aims for the state to be powered by 70 percent renewable energy by 2030.*1 CHPE is expected to decrease CO2 emissions by an average of 3.9 million metric tons per year, equivalent to removing 44 percent of passenger vehicles from New York City.*2

Using Hitachi Energy’s HVDC Light® technology, CHPE will transfer up to 1,250 megawatts of electricity, enough to power 1 million New York households. The link will efficiently transmit electricity for more than 600 kilometers (372 miles) underground from Hertel, Canada, through Lake Champlain and the Hudson River, to an HVDC converter station in Astoria, Queens.*1

HVDC systems have tremendous potential for bringing large amounts of electricity directly into cities, which is essential for securing sustainable and affordable power today and in the future,” said Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “We are proud to play a crucial role in this very important investment in North America’s transition to renewable energy and carbon neutrality.”

“Hitachi Energy’s market leading HVDC technology will ensure efficient and reliable transmission of renewable energy for over 1 million New York homes and help achieve the state’s climate goals,” said Transmission Developers CEO Donald Jessome. “We look forward to beginning construction activity later this year and to delivering an abundance of clean, renewable energy to New Yorkers.”

Power requirements in cities are increasing, especially in densely populated areas where land is already scarce, and difficulties can arise when new right-of-ways must be secured for traditional transmission lines. HVDC technology enables large amounts of high-quality electricity to be delivered where it is most needed with complete control and with a very compact footprint using out-of-sight underground or underwater cables.

The complete CHPE system, of which the HVDC converter stations are the enabling technology, is expected to create more than 1,400 jobs during construction and, during the first 30 years of operation, deliver almost $50 billion in economic benefits to New York state.*1

For the New York site, Hitachi Energy will supply the HVDC Light converter station, that will  convert the DC power from Canada to AC power and make it available for the AC grid in New York.

Kiewit, one of North America’s largest and most respected engineering and construction companies, will be responsible for the civil works for the converter station in New York. The collaboration with Kiewit will combine the core competencies of the two companies to deliver a best-in-class solution.

Note to editors:

Hitachi Energy’s HVDC solution combines world-leading expertise in HVDC converter valves; the MACH™ digital control platform*3, converter power transformers and high-voltage switchgear; as well as system studies, design and engineering, supply, installation supervision and commissioning.

HVDC Light® is a voltage source converter technology developed by Hitachi Energy. It is the preferred technology for many grid applications, including interconnecting countries, integrating renewables and “power-from-shore” connections to offshore production facilities. HVDC Light’s defining features include uniquely compact converter stations and exceptionally low electrical losses.

Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world’s HVDC projects.

*1 Champlain Hudson Power Express

*2 May 2021 PA Analysis Report

*3 Modular Advanced Control for HVDC (MACH™)

HVDC website:

https://www.hitachienergy.com/offering/product-and-system/hvdc

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About Hitachi Energy

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.
https://www.hitachienergy.com
https://www.linkedin.com/company/hitachienergy
https://twitter.com/HitachiEnergy

About Hitachi, Ltd.

Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

Attachments

Jocelyn Chang
Hitachi Energy Ltd.
+41 79384 7775
jocelyn.chang@hitachienergy.com

‫أول HUAWEI CONNECT خارج الصين: ابتكارات هواوي السحابية تذهب للعالمية

بانكوك، 20 سبتمبر 2022 / PRNewswire / — بدأت HUAWEI CONNECT 2022 في بانكوك، تايلاند اليوم. ألقى كين هو، الرئيس المناوب لهواوي، كلمة رئيسية، أطلق العنان الرقمي. أعلن تشانغ بينغان، الرئيس التنفيذي لشركة Huawei Cloud ، عن خطط لإطلاق مناطق جديدة في إندونيسيا وأيرلندا، وكشف النقاب عن خطة النظام البيئي “اذهب للسحابة، اذهب للعالمية”، وأكد من جديد الالتزام بكل شيء كخدمة. قالت جاكلين شي، رئيسة خدمة التسويق والمبيعات العالمية في Huawei Cloud ، إن Huawei Cloud ستطلق أكثر من 15 ابتكارًا على مستوى العالم، تغطي السحابة الأصلية، وتطوير الذكاء الاصطناعي، وحوكمة البيانات، والمحتوى الرقمي، وتطوير البرامج، و MacroVerse aPaaS .

Zhang Ping’an, CEO of Huawei Cloud

وفقًا لكين هو، يجب على المؤسسات احتضان السحابة لتطوير القفزة حيث أن التكنولوجيا الذكية الرقمية هي المستقبل. دمجت Huawei Cloud أكثر من 240 خدمة وأكثر من 50000 واجهة برمجة تطبيقات لجلب أحدث تقنيات الذكاء الاصطناعي وتطوير التطبيقات وتقنيات البيانات الضخمة وأدوات التطوير إلى السحابة. سيساعد الابتكار والخبرة في Huawei Cloud المزيد من المؤسسات على الانتقال إلى السحابة بشكل أسرع وأفضل.

تلتزم Huawei Cloud ببناء شبكة عالمية واحدة، والتي تسمح بالوصول إلى الخدمات على Huawei Cloud في غضون 50 مللي ثانية من أي مكان في العالم. لن تحتاج الشركات بعد الآن إلى إنشاء مراكز بيانات خاصة بها. ستطلق Huawei Cloud مناطق جديدة في إندونيسيا وأيرلندا. بحلول نهاية هذا العام، ستكون Huawei Cloud قد نشرت 29 منطقة و 75 منطقة توافر ( AZs ) تغطي أكثر من 170 دولة ومنطقة.

كما أصدر تشانغ بينغآن خطة “اذهب للسحابة، اذهب للعالمية”. مع التركيز على كل شيء كخدمة، ستشارك Huawei Cloud خبرتها المحلية المكتسبة في الخدمات لأكثر من 170 دولة ومنطقة، بالإضافة إلى نظرة ثاقبة على الشركات والصناعات في المناطق الرئيسية، وستساهم بتكنولوجياتها وحلولها في نظام بيئي عالمي. سيساعد هذا الجهد المزيد من الشركات على استخدام السحابة بشكل أفضل والانتقال إلى العالمية بشكل أكثر نجاحًا.

تلتزم سحابة هواوي بنهج “من قبل محلي، من أجل محلي” لبناء نظام بيئي رقمي عالمي. على مدى السنوات الثلاث المقبلة، ستقدم Huawei Cloud الدعم لما لا يقل عن 10000 شركة ناشئة واعدة في جميع أنحاء العالم، مع الدعم بما في ذلك تحسين التكلفة والدعم الفني والتدريب على ريادة الأعمال وموارد الأعمال الأخرى. انضم أكثر من 120 شركة في آسيا والمحيط الهادئ إلى برنامج Huawei Cloud Startup .

تعمل Huawei أيضًا على صقل المنصة الرائدة في الصناعة للابتكارات على السحابة. في خطابها، قدمت جاكلين شي 15 خدمة سحابية مبتكرة من Huawei ، بما في ذلك CCE Turbo و Ubiquitous Cloud Native Service (UCS) ونموذج موجة بانجو و DataArts LakeFormation و Virtual Live و CodeCheck و CloudTest و KooMessage و KooSearch و KooGallery .

بالنظر إلى المستقبل، ستستمر Huawei Cloud في تمكين الصناعات من خلال البنية التحتية كخدمة والتكنولوجيا كخدمة والخبرة كخدمة، لإطلاق العنان الرقمي مع كل شيء كخدمة وبناء الأساس السحابي لعالم ذكي.

الصورة –  https://mma.prnewswire.com/media/1901281/Zhang_Ping_an_CEO_Huawei_Cloud.jpg

UN Chief Calls for Action on Global Food, Climate Crises

U.N. Secretary-General Antonio Guterres appealed to leaders Tuesday to unite and take action to address the problems of a world “teeming with turmoil.”

“We are in rough seas; a winter of global discontent is on the horizon,” he said at the opening of the annual weeklong gathering of presidents, prime ministers and other officials at the U.N. General Assembly.

“A cost-of-living crisis is raging. Trust is crumbling. Inequalities are exploding.

“And our planet is burning,” he cautioned.

“We need hope …. and more. We need action.” His immediate call was for easing the global food crisis. An essential element of that is addressing what he called the “global fertilizer market crunch.”

Since Russia invaded Ukraine on February 24, it has imposed quotas on its exports of fertilizer. Russia is one of the world’s top exporters and the shortages it has created have led to steep price increases on international markets, making it unaffordable for some small farmers, with the potential to dramatically decrease their harvests.

“Without action now, the global fertilizer shortage will quickly morph into a global food shortage,” Guterres said.

He called for the removal of “all remaining obstacles” to the export of Russian fertilizers and their ingredients, including ammonia.

“These products are not subject to sanctions — and we are making progress in eliminating indirect effects,” he emphasized.

While there are no Western sanctions on either Russian food or fertilizer exports, Moscow claims that there are. A deal signed in Istanbul on July 22 is helping to get millions of tons of Ukrainian grain to international markets and is working to build confidence among shippers, insurers and buyers of Russian grain and fertilizer so they will resume at pre-invasion levels.

Two giant screens in the assembly hall above the secretary-general showed a photo of the Brave Commander, one of the ships that carried Ukrainian grain to the Horn of Africa. He said it represents multilateral diplomacy in action.

“Meanwhile nuclear saber-rattling and threats to the safety of nuclear plants are adding to global instability,” he said, alluding to the threatened Zaporizhzhia nuclear power plant in Ukraine, as well as rhetoric and actions from North Korea and questions around Iran’s nuclear program.

Wider turmoil

Guterres mentioned a litany of crises both new and entrenched from Ethiopia and the Sahel to Haiti, Syria and Myanmar that he said must be resolved.

In Afghanistan, he said human rights are “being trampled,” especially those of women and girls, who have seen their rights disappear under the Taliban.

He warned of the dangerous divisions between the global West and the South and geopolitical tensions splitting between developed and developing countries.

The world’s top diplomat urged making conflict prevention and peace-building a priority.

“In all we do, we must recognize that human rights are the path to resolving tensions, ending conflict and forging lasting peace,” he reminded leaders.

All this conflict is leading to an unprecedented amount of humanitarian need. He said U.N. aid appeals are running a deficit of $32 billion.

In his sea of bad news, he found a few “glimmers of hope.”

“In Yemen, the nationwide truce is fragile but holding,” he said. “In Colombia, the peace process is taking root.”

The world’s youth are also a source of hope, he said, as they work for a better future.

Existential threat

The secretary-general’s strongest words were for the rapidly warming planet.

“The climate crisis is the defining issue of our time,” he said. “It must be the first priority of every government and multilateral organization.”

He worried that climate action has been pushed to the back of the international agenda, despite global public support for leaders to do more.

Greenhouse gas emissions are rising at record levels and he said they need to be slashed by 45% by 2030 to have any hope of reaching the net zero target by 2050.

To do that, he urged the world to end its “addiction” to fossil fuels and accelerate its transition to clean, renewable energy. And as part of that, he said, “Polluters must pay.”

“Today, I am calling on all developed economies to tax the windfall profits of fossil fuel companies,” the secretary-general declared, noting that G20 countries emit 80% of all greenhouse gas emissions.

He said those funds should go to help defray the costs of climate change in countries suffering loss and damage from the climate crisis and to people struggling with rising food and energy prices.

He urged unity to develop “common solutions to common problems.”

“Let’s work as one, as a coalition of the world, as united nations,” he said.

Source: Voice of America

African Women Impact Fund receives USD$50 million to drive an inclusive investment environment

The Economic Commission for Africa (ECA) and Standard Bank Group, with the support of the Arab Bank for Economic Development in Africa (BADEA) and the African Union Commission (AUC), have announced the African Women Impact Fund (AWIF) Initiative’s achievement of its first close of USD$50 million.

The announcement was made at the inaugural The Global Africa Business Initiative, held from 18 – 19 September during the week of the United Nations General Assembly in New York City.

The existence of gendered stereotypes and racial biases in society have detrimental effects globally. This holds true within the investment space where these prejudices obstruct female entrepreneurship, appointment of women in leadership roles, and empowerment of female fund managers. Of the $69.1 trillion of financial assets under management globally, less than 1.3% are managed by women and people of colour. It is increasingly alarming that only 7% of private equity and venture capital funding is allocated to women-led businesses in emerging markets.

The AWIF Initiative’s primary purpose is to overcome the systemic barriers and investor biases in the asset management industry, by enabling and promoting women-owned and women-led funds on the African continent.

The AWIF is an Initiative of the Economic Commission of Africa (ECA) together with its partners: UN Women, the Office of the Special Envoy on Women, Peace and Security of the African Union Commission, and the African Women Leadership Network. It has been established in collaboration with the Standard Bank Group as lead sponsor, MiDA Advisors as key strategic advisor, and RisCura as the investment manager and provider of manager development and support services.

The Initiative has a two-fold agenda of making a commercial impact for investors while empowering women financial leaders to drive growth in Africa. With a bold ambition to raise up to $1 billion over 10 years for women fund managers, who will in turn invest in high-impact sectors and projects across Africa, this first-of-its-kind initiative is well positioned to enable economic stimulus through sustainable and gender-inclusive capital growth opportunities.

Empowering Africa’s women in investment

The Standard Bank Group sees gender equity as both a fundamental human right and a business imperative. Lindeka Dzedze, Global Markets Head: Strategic Partnerships at Standard Bank and Chairperson of the AWIF Executive Committee explains: “Without the economic empowerment of women, the vision to raise Africa’s financial output cannot be realised. Understanding this, Standard Bank supports the AWIF Initiative to raise the profile of established women-owned and women-managed funds that participate in listed and private markets, and short-term private debt.”

As evidence of this commitment, the Standard Bank Group announced today at The Global Africa Business Initiative that $50 million will be allocated to the AWIF to accelerate the initiative’s long-term ambitions.

“We believe that investing with women-led asset managers supports empowerment for women in all of society. With 20 years’ experience in supporting diverse and start-up investment managers on the African continent, we are excited to manage the investments of the African Women Impact Fund and continue the journey of empowerment,” says Malcolm Fair, Chief Executive Officer at Riscura.

These funds will provide capital to existing women owners and women fund managers across different asset classes and African regions. Dr. Sidi Ould TAH Director General at BADEA adds: “I believe this fund will accelerate fundraising and capital allocation by female fund managers on a transformative level. It is through barrier-braking initiatives such as these that together, we can create a sustainable and scalable investment environment that drives inclusive growth for all who live in Africa.”

Furthermore, it will give the AWIF Initiative the ability to take a big step forward in realising the United Nation’s Sustainable Development Goals (SDGs) 5 and 8, which target gender equality, decent work, and economic growth, as well as the AU Agenda 2063.

“AWIF aims to address the fundamental gap in women’s access to financial tools. As a result, the fund contributes to the achievement of several Sustainable Development Goals (SDGs), including SDG 1 that calls for an end to poverty. Supporting emerging African female fund managers will accelerate the representation of women-led funds. This will help close the current gender gap in labour markets, promote the emergence of women fund managers and entrepreneurs, address identified barriers to attracting capital in a sustainable manner, and increase economic output, job creation, and women’s economic empowerment and prosperity,” said Antonio Pedro, acting Executive Secretary, ECA.

Our continent’s growth drives global business

With a $2.5 trillion market opportunity, the African continent has been identified as the most important driver of global business The announcement of the first allocation of funds to the AWIF Initiative will attract and empower many talented female asset managers throughout Africa and set a precedent for a gender-inclusive asset management approach in the future.

Aymeric Saha, CEO of MiDA Advisors shared: “MiDA Advisors was honored to play a role in the creation of AWIF by facilitating the connection between all three key players in the initiative – ECA, the Standard Bank Group, and RisCura. We feel that work on gender economic empowerment within the financial sector is not only a necessity for further economic development across the continent but is also wholly feasible with the right partnerships and programming. We look forward to the future successes of the fund managers selected, and to the impact they will in turn have in their home markets.”

Source: UN Economic Commission for Africa

Education Cannot Wait calls for US$1.5 billion in urgent funding to reach 20 million crisis-impacted children [EN/AR]

“ECW’s ‘Case for Investment’ is our case for humanity. It is our collective plea to achieve the Sustainable Development Goals and universal human rights for every child and youth barely surviving in emergencies and protracted crises.” – Yasmine Sherif, Director of Education Cannot Wait.

Education Cannot Wait (ECW) called on world leaders to provide US$1.5 billion in urgent funding to support the UN’s global fund for education in emergencies and protracted crises and its strategic partners in reaching 20 million crisis-impacted children and adolescents in the next four years.

ECW’s new Case for Investment and its 2023-2026 Strategic Plan set out a bold, new ambition for the UN’s breakthrough global fund, which has mobilized over US$1 billion and directly supported nearly 7 million children and adolescents since its inception in 2016, and an additional 31.2 million with its COVID-19 response.

Recent analysis from ECW indicates that as many as 222 million crisis-impacted girls and boys are in need of urgent education support. More than 78 million of these children are out of school altogether, with approximately 120 million not attaining minimum proficiencies in reading or math.

“Our Case for Investment is our case for humanity with a laser-focus on the 222 million children and adolescents left furthest behind. It is our collective plea to achieve the Sustainable Development Goals and universal human rights for every child and youth barely surviving in emergencies and protracted crises. Our case for investment is their rightful claim to a quality education: to develop their potentials and realize their dreams,” said Yasmine Sherif, Director of Education Cannot Wait.

World leaders, donors and other global advocates are joining ECW’s global #222MillionDreams✨📚 campaign in lead up to the Fund’s High-Level Financing Conference, which will take place in Geneva in February 2023.

“Despite its vital importance, education in emergencies remains chronically underfunded while needs are growing. That’s why Switzerland is partnering with Education Cannot Wait. We are proud to co-host the Education Cannot Wait High-Level Financing Conference in Geneva together with Germany, Niger, Norway and South Sudan as co-conveners,” said Ignazio Cassis, President of the Swiss Confederation, in support of the #222MillionDreams campaign.

Addressing the Funding Gap

Funding appeals for education in emergencies have spiked in recent years. With the war in Ukraine, jumps in forced displacement, the specter of famine across the Sahel and East Africa, and other crises, education in emergencies funding appeals reached US$2.9 billion in 2021, up from US$1.4 billion the previous year, according to analysis from ECW’s Annual Results Report.

Leaders are stepping up, but large gaps remain. Currently, funding for education in emergencies only accounts for 2-4% of global humanitarian funding. While 2021 saw a record-high US$645 million in education appeal funding, the overall funding gap spiked by 17%, from 60% in 2020 to 77% in 2021.

Return on Investment

“We know that investing in education generates tremendous return on investment. For every dollar invested in girls’ education, there will be US$2.80 in return. We also know that investing in education is an investment in peace, stability and prosperity. It’s an investment in stronger economies and an end to hunger and poverty. Indeed, education is our investment in the future,” said Alicia Herbert, Chair of ECW’s Executive Committee.

ECW’s First Emergency Responses – designed to get a child back into education after an acute emergency – provide six to 12 months of continuous access to education, protection and psychosocial support, teacher support and safe learning environments.

Three-year holistic investments provided through the Multi-Year Resilience Programmes provide a broader range of services, including continuous access to education, protection and psychosocial services, teacher training, school feeding, improved learning outcomes, gender equality, disaster risk management, school administrative support, inclusion of refugees in national education systems, resource mobilization and systems strengthening.

ECW’s Case For Investment outlines a value-proposition “to create a world where all children and adolescents affected by crises can learn free of cost, in safety and without fear,” including important details on the Fund’s efforts to address the climate crisis, engage the private sector, ensure gender equality, catalyze political support, and enhance flexible and high-impact interventions to reach those left furthest behind.

Transforming Action, Accelerating Results

It is not enough to simply get children into schools. ECW’s new Strategic Plan 2023-2026, “Achieving Results: A New Way of Working,” focuses on the quality of the learning experience. The Fund plans to directly reach 20 million children over the next four years with interventions that support their learning needs as well as their social, emotional and physical health. As a global convenor and advocate, ECW will also use its networks, research and advocacy to transform the global response to education in crisis and deliver results on Sustainable Development Goal 4.

ECW will also launch a first-of-its-kind Financing Observatory that will track global financing flows to the education in emergencies and protracted crises sector. Through the Observatory, governments and civil society will have access to transparent, high-quality data that will enable them to better reach the world’s most vulnerable children.

People looking to make a difference can call for leaders to take action, using the #222MillionDreams✨📚 hashtag and by making individual donations to ECW.

Source: Education Cannot Wait

Distinguished Board Director and Former Fortune 100 CIO, Annabelle Bexiga Joins Quantexa Board of Directors

LONDON, Sept. 20, 2022 (GLOBE NEWSWIRE) — Today Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that Annabelle Bexiga is joining their board of directors. Annabelle is currently serving as the non-executive director for DWS Group, Stonex Group (SNEX), and Triton International (TRTN). Prior to her current roles, she served as the CIO Advisor at Zoom with a focus on working with their product development and marketing teams. She also established and chaired Zoom’s Financial Services Industry council.

Annabelle has 30 years of experience in the financial services industry and 11 years in Fortune-100 CIO roles. As a Board Director, Annabelle brings to Quantexa her operational knowledge, as well as public, private, and non-profit board leadership, and advisement experience.

This incredible journey of continuous learning from brilliant technologists and courageous leaders continues through my board and advisory work,” said Annabelle. “I am especially excited to join the board of Quantexa because they truly understand that today in the face of rapidly changing conditions, enterprises need to drive greater accuracy in decisions and innovation with data and analytics technology at the core. The Quantexa team are working to help organizations solve today’s major challenges in utilizing data effectively to improve their operations and the services they provide to their customers.”

“Annabelle’s background includes a diverse set of businesses at firms such as JPMorgan Chase, Zoom, and AIG, as well as residential global experience in New York, Singapore, Tokyo, and Boston,” said Vishal Marria, CEO at Quantexa. “Annabelle has made a fantastic contribution to Quantexa over the last 2 years working as an advisor to our business, so we are thrilled that she will be joining our board of directors. Her experience aligns well with our goals, our culture, and we look forward to incorporating her expertise to help our customers use their data at scale to unify their data, manage risk, ensure compliance, and identify opportunities for efficiency.”

ABOUT QUANTEXA
Quantexa is a global data and analytics software company pioneering Contextual Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Contextual Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 500 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Washington DC, Brussels, Toronto, Singapore, Melbourne, and Sydney. For more information, contact Quantexa here or follow us on LinkedIn.


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