June 10, 2024

Quantexa Debuts Q Assist, New Context Aware Generative AI Technology Suite

New AI advancements are helping industry leaders get data ready for AI and make impact

Q Assist, New Context Aware Generative AI Technology Suite from Quantexa

Q Assist, a context aware generative AI technology suite to help organizations augment trusted decision-making across teams of front-line and information workers

HSBC is among several industry leaders participating in Quantexa’s Lighthouse Program for early adopters
HSBC anticipates that streamlining of analysis and acceleration of processes could lead to significant productivity gains within the first year of deployment
Q Assist combines Quantexa’s Decision Intelligence Platform and Generative AI to augment decisions for sales, customer service, and compliance teams in financial services, TMT, and government agencies

LONDON, June 10, 2024 (GLOBE NEWSWIRE) — This Monday, on the Centre Stage at London Tech Week 2024, Quantexa, the global leader in Decision Intelligence (DI) solutions for the public and private sectors debuted Q Assist, a context aware generative AI technology suite to help organizations augment trusted decision-making across teams of frontline and information workers. The announcement demonstrates progress against the company’s platform innovation roadmap and comes nearly a year after Quantexa detailed a significant investment in the global artificial intelligence (AI) industry and previewed Q Assist as a stand-alone LLM agnostic copilot.

With the new Q Assist Technology Suite, Quantexa customers will be able to operationalize generative AI for transformational gains without significant investment in infrastructure, tooling, and additional skilled resources.

Frontline and information workers can leverage the power of copilots, linked data, Quantexa’s knowledge graph capability, and other Decision Intelligence Platform features to enhance the accuracy and reliability of generative AI models that interact with all data (structured and unstructured), context, and insight across their organization. Combining LLMs with the rich context within Quantexa’s Decision Intelligence Platform enables a better understanding of data, safely grounds responses, increases performance and trust, and ensures teams have the most accurate, up-to-date information in a single place.

Find out what Q Assist is and how it works with Quantexa’s Decision Intelligence Platform.
View the full video

Helping Customers Succeed in the Era of AI
HSBC is one of the organizations currently participating in the Lighthouse Program for early adopters. Each organization in the program envisions using Q Assist in several ways, including:

Streamlining analysis, investigation, and reporting tasks for information and knowledge workers to achieve greater efficiency.
Reducing the reliance on data science and operations teams for ad-hoc data requests, giving them time to focus on more strategic tasks.
Empowering customer facing teams with access to enriched data and insights they need to increase revenue and enhance customer experiences.
Enabling teams across an organization to consistently make trusted decisions that are traceable and accelerate operational process improvement.

BNY Mellon is currently evaluating joining HSBC in Lighthouse effort. Quantexa worked with Lighthouse Program participants to project one-, three-, and five-year benefits from deploying Q Assist within their customer facing, data science, and investigative teams. It found an almost immediate productivity gain across three core areas: time saving and efficiency, new opportunity identification, and increased conversion rates.

HSBC anticipates that democratizing analytics and accelerating processes across these areas could lead to productivity gains within the first year of deployment. The company also expects to free up employee’s time, allowing them to refocus on other strategic tasks.

David Rice, Global Chief Operating Officer, Commercial Banking at HSBC, said: “This new solution has the potential to enhance the efficiency and accuracy of complex tasks such as anti-money laundering investigations and sales strategies by providing trusted data and contextual analytics. The introduction of contextual analytics and innovation will enable HSBC to concentrate our resources more productively and ultimately help our customers.”

Quantexa estimates that a tier one global financial institution with three levels of defense in financial crime and fraud compliance efforts, generating approximately 15k alerts a month, could realize significant efficiencies and cost savings by deploying the Q Assist Generative AI Technology Suite:

Over £17M in savings enabled annually by enhancing and automating investigating and reporting processes across financial crime and fraud.

Quantexa’s CTO, Jamie Hutton, said: “Quantexa’s engineering principle of shaping solutions to deliver maximum customer value has allowed our clients to play an integral role in helping to shape the product requirements for Q Assist. Through the company’s Lighthouse Program for early adopters, we have the benefit of working with industry leaders that provide valuable feedback throughout our roadmap process.”

Eric Hirschhorn, Chief Data Officer, BNY Mellon, said: “We are excited to see this continued innovation from Quantexa. Our multi-year collaboration has helped us to break down data silos and unify our data with unprecedented accuracy. The next phase in our innovation efforts will see us exploring the potential of enabling frontline workers across the bank to use Gen AI to act on the data insights confidently and reach new levels of efficiency in the process.”

How the New Q Assist Generative AI Technology Suite Works
Quantexa’s new generative AI technology suite will combine Quantexa’s Decision Intelligence Platform and Generative AI through a new data integration layer, prompt builder, and copilot that accelerates the ability of teams to make critical business decisions.

Q Assist delivers trusted, extensible AI anchored by Quantexa’s Decision Intelligence Platform. This lets non-technical teams benefit from Quantexa’s critical platform capabilities including a connected data foundation, graph analytics, modeling, and scoring to augment and automate decision making. The Q Assist Technology Suite is comprised of three components:

Q Assist Integration Layer: the nerve center of Q Assist. It is a framework of tools, connectors, and APIs designed to securely link Quantexa’s Decision Intelligence Platform with LLMs and conversational AI systems right out-of-the-box.
Q Assist Prompt Builder: an extensible prompt management and sharing capability that easily integrates with external prompt engineering tools and frameworks, such as Microsoft’s Azure Prompt Flow, Semantic Kernel or AutoGen, to put the power in the hands of administrators to define and control prompts and responses that are grounded in contextual data generated by Quantexa’s Decision Intelligence Platform.
Q Assist Copilot: allows users to query large and disparate data via a natural language interface, understand and summarize data, insights, and findings in real-time, and automate research, investigation, and reporting tasks.

Today, the company is making Q Assist Generative AI Technology Suite capabilities available to a limited set of customers, with wider public availability planned for early 2025.

To learn more about how Quantexa is helping organizations get their data ready for AI, or to download the Total Economic Impact of Quantexa’s Decision Intelligence Platform by Forrester and start measuring the ROI of Decision Intelligence investments, please visit https://www.quantexa.com/discover/ai/.

About Quantexa
Quantexa is a global AI, data and analytics software company pioneering Decision Intelligence to empower organizations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa’s Decision Intelligence platform helps organizations uncover hidden risk and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. It solves major challenges across data management, customer intelligence, KYC, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. An independently commissioned Forrester TEI study on Quantexa’s Decision Intelligence Platform found that customers saw a three-year 228% ROI. Founded in 2016, Quantexa now has more than 700 employees and thousands of platform users working with billions of transactions and data points across the world.

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June 10, 2024

e& lidera como a melhor marca empregadora no setor de telecomunicações no Employer Brand Index 2024

e& EAU é a principal marca empregadora no setor de telecomunicações no ranking de Brand Finance
e& ficou em 16^º lugar entre as 20 principais marcas empregadoras em todas as categorias em 16 países
A realização reflete a reputação mais ampla dos Emirados Árabes Unidos como um centro global de talentos

LONDRES, June 09, 2024 (GLOBE NEWSWIRE) — e&, o grupo global de tecnologia, alcançou a posição mais alta no primeiro Employer Brand Report 2024 da Brand Finance, com sua unidade dos Emirados Árabes Unidos classificada como a maior empregadora global do setor de telecomunicações.

O grupo também garantiu o 16^º lugar entre as 20 principais marcas empregadoras entre as que foram avaliadas nos setores de serviços financeiros, telecomunicações, mídia e tecnologia (TMT), petróleo, gás e energia, serviços profissionais, varejo, automotivo e bens de consumo rápido (FMCG) na África, Ásia, Europa e Estados Unidos.

Ali Al Mansoori, Diretor de Pessoal do Grupo, e&, disse: “Esse reconhecimento como empregador preferencial reflete a incrível dedicação e paixão de nosso pessoal, que é nosso maior patrimônio. Ele também reafirma nosso compromisso de cultivar uma cultura empresarial unificada, na qual todos os colaboradores têm autonomia para pensar de forma diferente, experimentar sem medo e inovar continuamente. No atual cenário em rápida evolução, é mais importante do que nunca contar com uma força de trabalho talentosa.”

David Haigh, CEO da Brand Finance, disse: “As marcas de telecomunicações do Oriente Médio vêm ultrapassando cada vez mais a concorrência europeia e americana como lugares desejáveis para se trabalhar. Isso se deve às oportunidades de carreira e aos empolgantes desenvolvimentos tecnológicos criados pelos investimentos consistentes e de alta qualidade no Oriente Médio.”

Na vanguarda em termos de marca empregadora e desenvolvimento de talentos nos Emirados Árabes Unidos, o grupo alcançou uma pontuação alta em vários quesitos, inclusive como “marca de prestígio”, “visão inspiradora”, “trabalho agradável e gratificante” e “empresa bem administrada e dirigida”. A conquista da e& reflete a reputação geral dos Emirados Árabes Unidos como um centro global de talentos e o destino preferido para pessoas que buscam construir um futuro próspero.

“Na e&, temos o compromisso de equipar nosso pessoal com as habilidades necessárias para transitar e prosperar na era digital. Nossa visão não consiste apenas em acompanhar o ritmo das mudanças, mas em liderá-las. Estamos constituindo uma força de trabalho resiliente e com visão de futuro, capaz de levar nossa empresa e nossa comunidade a patamares mais elevados. Nossa estratégia inclui programas de treinamento completos, parcerias com instituições de ensino e um ambiente que premia a criatividade e o pensamento arrojado. Estamos comprometidos com a criação de oportunidades de crescimento profissional e com o apoio à nossa equipe enquanto ela desenvolve as habilidades tecnológicas e a mentalidade essenciais para o futuro”, acrescentou Al Mansoori.

O primeiro relatório do “Employer Brand Index” apresenta as principais marcas do mundo com tabelas de classificação globais e regionais. O estudo baseado em pesquisa é o primeiro do gênero, medindo as percepções internas e externas das marcas empregadoras de 16 países. O Índice é calculado com base nas respostas de uma pesquisa anônima com o público de vários setores, realizada por meio de painéis on-line independentes.

O Employer Brand Index 2024 da Brand Finance ocorre após a divulgação, em janeiro, da classificação global de marcas, na qual a e& EAU foi classificada como a marca de telecomunicações mais forte do mundo (classificação AAA) e a marca mais forte do Oriente Médio e da África (MEA) em todas as categorias.

A Brand Finance é a principal consultoria mundial de avaliação de marcas. Há mais de 25 anos, a empresa vem preenchendo a lacuna entre marketing e finanças, avaliando a força das marcas e mensurando seu valor financeiro para ajudar empresas de todos os tipos a tomar decisões estratégicas. Todos os anos, a Brand Finance realiza mais de 5.000 avaliações de marcas, respaldadas por pesquisas de mercado originais, e publica mais de 100 relatórios que classificam as marcas em todos os setores e países.

Uma foto que acompanha este anúncio está disponível em http://www.globenewswire.com/NewsRoom/AttachmentNg/5ab3f4e1-ad68-4a1f-b513-0f6dd6ce45d1

Contato:
Nancy Sudheer
nsudheer@eand.com

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June 10, 2024

e& se classe au premier rang des meilleures marques employeurs dans le secteur des télécommunications dans l’Employer Brand Index 2024

L’entité e& des Émirats arabes unis, élue meilleure marque employeur dans le secteur des télécommunications selon le classement Brand Finance
e& classée 16^e dans le Top 20 des marques employeurs toutes catégories confondues dans 16 pays
Cette réussite reflète la réputation plus large des Émirats arabes unis en tant que pôle mondial de talents

LONDRES, 10 juin 2024 (GLOBE NEWSWIRE) — e&, le groupe technologique mondial, s’est hissé à la première place du tout premier rapport Employer Brand 2024 de Brand Finance grâce à son entité des Émirats arabes unis qui se classe au premier rang mondial des employeurs dans le secteur des télécommunications.

Le groupe a également obtenu la 16^e place parmi le Top 20 Employer Brands lors d’une évaluation effectuée au sein des marques employeurs dans les secteurs des services financiers, des télécommunications, des médias et des technologies (TMT), du pétrole, du gaz et de l’énergie, des services professionnels, de la vente au détail, de l’automobile et des produits et biens de grande consommation (PGC) en Afrique, en Asie, en Europe et aux États-Unis.

Ali Al Mansoori, Directeur des Ressources humaines du groupe e&, a déclaré : « Cette reconnaissance en tant qu’employeur de choix reflète l’incroyable dévouement et la passion de nos collaborateurs, qui sont nos meilleurs atouts. Cela réaffirme également notre engagement à favoriser une culture d’entreprise unifiée où chaque employé est encouragé à penser différemment, à expérimenter sans crainte et à innover en continu. Dans le contexte actuel en évolution rapide, il est plus crucial que jamais de disposer d’une main-d’œuvre talentueuse. »

David Haigh, PDG de Brand Finance, a confié : « Les marques de télécommunications du Moyen-Orient dépassent chaque jour un peu plus leurs homologues européennes et américaines si l’on se place du point de vue de l’entreprise où il fait bon travailler. Cela reflète les opportunités de carrière et les développements technologiques passionnants rendus possibles par des investissements constants et de haute qualité réalisés au Moyen-Orient. »

En chef de file des marques employeurs et du développement des talents aux Émirats arabes unis, le groupe a obtenu d’excellents résultats dans plusieurs domaines, notamment en tant que « marque prestigieuse », porteuse d’une « vision inspirante », où le « travail est agréable et gratifiant » et une « entreprise bien gérée et gouvernée ». La réussite de e& reflète la réputation plus large des Émirats arabes unis qui s’affirment en tant que pôle mondial des talents et destination privilégiée pour les personnes qui cherchent à façonner un avenir prospère.

« Chez e&, nous nous engageons à doter notre équipe des compétences nécessaires pour s’adapter et prospérer à l’ère numérique. Notre vision n’est pas seulement de suivre le rythme du changement, mais de l’initier. Nous construisons une main-d’œuvre résiliente et visionnaire, capable de propulser notre entreprise et notre communauté vers les plus hauts sommets. Notre stratégie englobe des programmes de formation complets, des partenariats avec des établissements d’enseignement et un environnement qui récompense la créativité et l’audace intellectuelle. Nous sommes déterminés à créer des opportunités de croissance professionnelle et à soutenir notre équipe dans l’acquisition de compétences technologiques et d’un état d’esprit indispensables pour l’avenir, » a ajouté Al Mansoori.

Le tout premier rapport « Employer Brand Index » met en avant les meilleures marques au monde avec des classements réalisés à l’échelle mondiale et régionale. Cette étude axée sur la recherche, est la première du genre, mesurant les perceptions internes et externes des marques d’employeurs dans 16 pays. L’indice est établi à partir des réponses à une enquête anonyme menée auprès du public dans divers secteurs d’activité au moyen de panels en ligne indépendants.

L’indice Employer Brand 2024 de Brand Finance fait suite à la publication, en janvier dernier, du classement mondial des marques, dans lequel e& UAE a été classée comme la marque de télécommunications la plus forte au niveau mondial (note AAA) et la marque la plus forte au Moyen-Orient et en Afrique (MEA), toutes catégories confondues.

Brand Finance est le premier cabinet de conseil en évaluation de marques au monde. Depuis plus de 25 ans, son objectif est de combler le fossé entre le marketing et la finance en évaluant la force des marques et en quantifiant leur valeur financière afin d’aider les organisations de toutes sortes à prendre des décisions stratégiques. Chaque année, Brand Finance réalise plus de 5 000 évaluations de marques, étayées par des études de marché uniques, et publie plus de 100 rapports classant les marques dans tous les secteurs et tous les pays.

Une photo accompagnant ce communiqué est disponible à l’adresse suivante : http://www.globenewswire.com/NewsRoom/AttachmentNg/5ab3f4e1-ad68-4a1f-b513-0f6dd6ce45d1

Contact :
Nancy Sudheer
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June 10, 2024

Senior advocate wants Nigerian Law Reform Commission properly funded

A Senior Advocate of Nigeria (SAN) Mr Mohammed Ndarani, says the Nigerian Law Reform Commission (NLRC) should be properly funded to deliver on its mandate.

Ndarani said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja.

He said that the commission should be enabled to deliver on its mandate by constantly researching, reviewing, and reforming laws in the land.

The NLRC has the responsibility to conduct research, take and keep under review, all federal laws, with a view to their systematic and progressive development and reform.

It is mandated to do so in consonance with the prevailing norms of Nigerian society, to codify such laws, eliminate anomalies, repeal obsolete, spent, and unnecessary enactments, reform procedural laws in consonance with changes within the machinery of administration of justice.

The Commission can also, among other means, perform its functions based on proposals for law reform made or referred to it by the Attorney-General of the Federation (AGF) or the
National Assembly.

It can also, by its own initiative, propose a programme for examination of different branches of law for reform, and submit same to the Attorney-General and the National Assembly.

Ndarani said that the NLRC needed to be more proactive in addressing obsolete and outdated laws in the country.

He noted that the presence of obsolete sections and aspects of the nation’s laws was one of the major problems bedevilling its economic progress and development.

The senior advocate said that such laws do not have any practical relevance to the realities of today’s Nigeria but were still being relied upon as binding.

See also Human rights commission moves to end workplace bullying

‘The presence of laws which are not in alignment with the laws in operation in the countries with which we do business would defeat the intendment of such operations as it would erode the basis for such activity,’ he added.

According to him, such laws also erode and retard administration of justice based on the nature of
their prescriptions and fines imposed, when considered against present day realities.

‘Examples include Sections 210 (Witchcraft) and 370 (Bigamy) of the criminal Code Acts and criminal Code Laws of States.

‘Witchcraft Act stipulates that anyone caught practicing magic and witchcraft has committed an offence. The problem is how do you ascertain what is magic and witchcraft? No one has been tried and convicted of this offence till date.

‘Bigamy refers to the act of entering into a marriage with one person while still legally married to another.

‘It applies to both men and women, especially under the Matrimonial Causes Act. No one has been successfully prosecuted on this offence since the law was made.

‘The legality and validity of this law is put to serious question in the light of cultural and Islamic values which support marriage to more than one wife at the same time”.

He, however, noted that only Lagos State had decriminalised bigamy, which meant that it was no longer a crime in Lagos State to marry
another woman/man, where there was an already existing valid statutory marriage.

He said although NLRC was established in 1979 to reform in consonance with changes within the machinery of administration of justice, it had not been able to achieve much in relation to the mandate.

See also Appeal Court has 39,526 Pending Cases, says Justice Dongben-Mensem

Ndarani said that dependence on obsolete and outdated laws limited development of the country.

‘The exclusivity of the rights vested on the federal government is what has made several states lazy as they just wait to receive and share monies accruing to them from the federal allocation every month.

‘These laws make us bound to misguided policies of exploitation, frustrate import – export substitution, and diversification drives,’ he said.

According to him, obsolete maritime laws in the country also result in huge losses.

He said that any law that does not reflect the realities of the present day, in science, technological development, cultural advanceme
nt should not be lavishly deployed.

‘This is one sure path to a better Nigeria and also a good path to pulling this country out of the woods,” the senior advocate said.

Source: News Agency of Nigeria

June 10, 2024

Committee urges NLC to consider realistic, sustainable minimum wage

The Committee of Youths on Mobilisation and Sensitisation (CYMS), has called on the Nigeria Labour Congress (NLC), to align its minimum wage demand with governments’ ability to pay sustainably.

Its Director-General, Mr Obinna Nwaka, made the call during a thanksgiving service to mark the end of the 2024 Youths’ Week at the Church of Nigeria, Anglican Communion, Nyanya, Abuja on Sunday.

The theme of the thanksgiving service was, ‘Promotion of Peaceful Coexistence and Religious Co-creation in our Nation’.

Nwaka said that considering the current economic challenges in the country, ‘the federal and state governments may struggle to pay, if the amount is unrealistic.’

According to him, the N250,000 demand as minimum wage by the NLC for workers is not sustainable, considering the country’s current financial situation.

He pointed out that Nigeria is still recovering from the economic difficulties of the past administration and warned against making promises that could destabilise the nation.

He also argued tha
t a substantial salary increase would be insufficient if critical infrastructure and public services remain inadequate.

He advised labour to also pay attention to addressing broader systemic issues rather than focusing solely on wage increase.

‘We are in the same shoes. There are other areas; labour for example can advocate for good governance; it’s not just all about minimum wage,’ he added.

He called on the NLC to channel their efforts towards advocating for improved healthcare and education services, including the provisions of critical infrastructure.

This, he believes, could have a more significant impact on the quality of life of the Nigerian workers.

See also NBC to demarcate Delta boundaries to avert clashes – DG

‘Even if they are paying you 500,000 Naira as a salary, it will not be enough, if a healthcare facility is not there; if infrastructure is not there; and if we cannot even send our children to a public school.

‘The NLC should focus on motivating the government to invest in these essent
ial sectors,’ he said.

Earlier, the minister in charge, Rev. Samuel Labuja, said that the conversations, throughout the youths’ week, reflected the nation’s quest for unity and development.

Labuja advised the youths to maximise their potential and invest in self-reliance ventures, as against depending on white-collar jobs.

‘The youths should understand that we can’t live together without peace, and the best we can do to make the nation move forward is to live in peace.

‘Youths should learn not to depend on salary alone. They should make use of their God-given talent to earn more resources.

‘Whatever you are doing, do it well to the glory of God to earn a living,’ he said.

On his part, the Church’s Youths President, Mr Bobby Odia, described the week-long youths’ conference as impactful.

Odia particularly said that the youths, as leaders of tomorrow, have understood the need to contribute their resources towards the development of the country.

‘We just celebrated the 2024 Youths’ Week with the theme, ‘S
tand Firm and Take Charge’, and for us to be the future of tomorrow, we have to utilise our energy for the good of our nation,’ he said.

Source: News Agency of Nigeria

June 10, 2024

ECOWAS Court dismisses Dasuki’s enforcement suit against FG

The ECOWAS Court has dismissed an application filed by former National Security Adviser, retired Col. Sambo Dasuki, praying the court to compel Nigeria to enforce its judgment delivered in his favour on Oct. 4, 2016.

The News Agency of Nigeria (NAN) reports that the court had in the judgment declared Dasuki’s arrest and detention by the Nigerian government unlawful and a violation of his rights.

Justice Sengu Koroma, the Judge Rapporteur, while delivering judgment in Abuja on Dasuki’s application for enforcement, dismissed it on the ground that the court lacked jurisdiction to entertain or enforce the earlier judgment.

Koroma said the court was guided by laid down procedures regarding the enforcement of its judgments as enshrined in the Community Law, and the proper party to institute an enforcement failure claim.

‘Having thoroughly assessed the claims and constitutive texts of the Court, it lacks the competence to adjudicate the present claim,’ the court said.

NAN reports that in the suit marked: ECW/CC
J/JUD/23/16, Justice Friday Nwoke had declared the government’s action against Dasuki as ‘arbitrary, unlawful, a mockery of democracy and the rule of law, and a violation of local and international rights to liberty.’

The court had further held that the government’s action violated Dasuki’s rights under the African Charter of Human and People’s Rights (ACHPR) and the International Convention on Civil and Political Rights (ICCPR).

It, therefore, ordered the release of all the seized properties of the applicant, as well as the payment of N15, 000,000 damages to him.

See also Resolving Mali, B/Faso, Niger ECOWAS exit imbroglio

Following the federal government’s failure to comply with and enforce the said judgment, the applicant, therefore, filed the application before the court for its enforcement.

Earlier at the hearing of the matter, the federal government denied the applicant’s allegations, stressing that the properties being claimed by Dasuki were subjects of ongoing criminal proceedings, which he did n
ot disclose in the suit.

The respondent’s counsel had argued that the government had already fulfilled its obligations, adding that the court’s Chief Registrar had issued a Writ of Execution, making the relief prayed for by the applicant unnecessary.

The panel, which comprised Justice Edward Asante (presiding), Justice Sengu Koroma (Judge Rapporteur), and Justice Ricardo Claúdio Gonçalves (member), awarded no costs to parties in the suit.

Source: News Agency of Nigeria