Quantexa Appoints Industry Luminaries to its Advisory Board to Accelerate Growth Plans

Former president of BlackRock, former CEO of NHSX, and former Director of GCHQ bring wealth of industry experience from finance, healthcare, and national security

LONDON, Sept. 22, 2023 (GLOBE NEWSWIRE) — Quantexa, the global leader in Decision Intelligence (DI) solutions for the private and public sectors, announced today that it has appointed three industry luminaries to its Advisory Board. These hires include Ralph Schlosstein, former CEO of Evercore and former President of BlackRock, Matthew Gould, former CEO of NHSX, and Sir Jeremy Fleming, Former Director of GCHQ. These distinguished leaders bring a wealth of expertise in finance, healthcare, and national security to Quantexa.

The expansion of Quantexa’s Advisory Board comes at a pivotal time for the organization, following the completion of a $129 million Series E funding round, led by GIC, where Quantexa joined an elite group of UK tech companies reaching breakout unicorn status. It was also announced this year that Quantexa will invest over $155M in the global AI industry over the next three years to help clients advance the use of AI to protect, optimize, and grow their organizations. By 2027, Quantexa’s total global investment in AI will reach more than $250M.

Ralph Schlosstein, former CEO of Evercore and former President of BlackRock, brings decades of experience in investment banking to Quantexa’s Advisory Board. His distinguished career includes playing a strategic role in helping the world’s largest asset management firm go public. Ralph’s financial acumen will play a pivotal role in shaping corporate strategy initiatives.

Matthew Gould, former CEO of NHSX, joins Quantexa’s Advisory Board, after serving as the British ambassador to Israel between 2010 and 2015, where Gould helped to launch the UK-Israel Technologies Hub – an initiative run in Tel Aviv to forge technology partnerships between UK and Israeli companies. More recently, Matthew leveraged his extensive background in healthcare to play a pivotal role in advising NHS on initiatives throughout the Covid-19 pandemic. At NHSX, Gould has been responsible for harnessing the power of data and technology to improve healthcare delivery. Matthew’s deep expertise will help Quantexa identify the economies and industries for strategic focus and make decisions on commercial strategy.

Sir Jeremy Fleming, Former Director of GCHQ, and former Deputy Head of MI5, joins the Advisory Board with more than 30 years of experience in intelligence and technology. His extensive background includes developing the National Cyber Security Centre, where he strived to make the UK the safest place to live and do business online. With a passion for making technology use in government more transparent, Sir Fleming will enhance Quantexa’s capabilities in addressing emerging threats and opportunities.

“We are pleased to welcome Ralph Schlosstein, Matthew Gould, and Sir Jeremy Fleming to our Advisory Board,” said Vishal Marria, CEO of Quantexa. “Their collective expertise in finance, healthcare, and national security will be invaluable as we continue to develop cutting-edge decision intelligence solutions that address the evolving needs of the market.”

“Quantexa’s AI-enabled technology allows its customers to protect, optimize, and grow their organizations with efficiency and transparency,” said Ralph Schlosstein, former CEO of Evercore and former President of BlackRock. I believe Quantexa is well-positioned to capture the opportunities ahead and increase its share of the emerging Decision Intelligence category. I am looking forward to supporting the executive team as they work to accelerate their organic and inorganic growth strategy.”

“It’s an exciting time for me to be joining Quantexa’s Advisory Board, at this critical stage of growth for the company,” said Matthew Gould. “Quantexa’s innovative approach to helping customers in the private and public sectors make data their most valuable utility is revolutionizing decision making across multiple industries. I look forward to working alongside the talented team at Quantexa to connect data and drive better outcomes for organizations.”

Sir Jeremy Fleming, Former Director of GCHQ commented “I’m thrilled to be part of a company at the forefront of AI innovation. I look forward to combining my experience with Quantexa’s impressive capabilities, which will continue to shape how their customers use data to protect businesses and citizens.”

With the help of its Advisory Board, Quantexa remains dedicated to empowering organizations to make trusted operational decisions through innovative Decision Intelligence solutions. For more on Quantexa’s Leadership team, visit here.

About Quantexa

Quantexa is a global data and analytics software company pioneering 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 Decision Intelligence 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 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 650 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, Dublin, New York, Boston, Washington DC, Toronto, UAE, Malaga, Amsterdam, Luxembourg, Brussels, Melbourne, Sydney, and Singapore. For more information, follow us on LinkedIn.

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President Hassan Sheikh meets MPs, politicians and government officials

The President of the Federal Republic of Somalia, Mr. Hassan Sheikh Mohamud, yesterday held a consultative meeting in Dhusamareeb with the leaders and MPs of the FGS, politicians and officials of the national forces involved in the fighting.

The participants discussed the intensification of the fight against the Khawarij, and President Hassan Sheikh confirmed the government’s commitment to fight the Khawarij groups that are still in the country.

Mr. Hassan Sheikh Mohamud urged the youth who have been misled to return to work with the peace-seeking groups and to share their benefits with the Somali people who are witnessing their progress.

The President of the Federal Republic of Somalia once again urged the people to unite against the Khwarij enemy who are still in the country.

Source: Somali National News Agency

Banaadir Governor and Mogadishu Mayor visit liberated Daaru-Nicma area

The Governor of Banaadir and the Mayor of Mogadishu, Mr. Yusuf Hussein Jimcaale (Madaale), along with a delegation of officials, visited the Daaru-nicma area in the Middle Shabelle region on Friday. The area was recently freed from the control of the al-Shabaab militants, who have been waging a violent insurgency in Somalia for over a decade.

The Governor and his delegation were greeted by the local authorities, elders and residents, who expressed their gratitude and appreciation for the efforts of the federal government and the national army in restoring peace and security to their area. The Governor also inspected the situation of the displaced people who fled from the al-Shabaab attacks and assured them of humanitarian assistance and support.

In his speech, the Governor praised the bravery and sacrifice of the national army and the local people who fought against the al-Shabaab terrorists. He urged them to maintain their unity and vigilance and to cooperate with the security forces in preventing the return of the Khawarij, a term used to describe the extremist groups who deviate from Islam.

The Governor also highlighted the development projects that the federal government is implementing in the Middle Shabelle region, such as roads, bridges, schools and health centers. He said that these projects will improve the living conditions of the people and create opportunities for economic growth and social progress.

The Daaru-nicma area is one of the strategic locations that have been liberated from the al-Shabaab militants in recent months. The area is located near the Jowhar airport, which is a vital lifeline for delivering humanitarian aid and supplies to the region. The liberation of the area has also enabled the reopening of trade routes and markets that were previously blocked by the al-Shabaab.

Source: Somali National News Agency

Somali Prime Minister meets with UAE Foreign Minister in New York

The Prime Minister of the Federal Government of Somalia, Hamza Abdi Barre, met with the Foreign Minister of the United Arab Emirates, Sheikh Abdullah Bin Zayed Al Nahyan, in the United Nations headquarters in New York. They discussed enhancing the cooperation and the existing relations between the two brotherly countries of Somalia and the UAE.

Prime Minister Hamza Abdi Barre and his delegation are attending the 78th session of the UN General Assembly in New York, where they met with various international delegations participating in the meeting.

The 78th session of the UN General Assembly is specially focused on the Decade of Action for Sustainable Development Goals set by the United Nations.

Source: Somali National News Agency

Interests and fees applied by public banks in first half of 2023 up 21.6%

The value of interests and fees charged by public banks during the first 6 months of 2023 increased 21.6% to TND 2047.7 million, compared to the same period in 2022, according to financial indicators published on the website of the Financial Market Council (French: CMF).

The value of interests from three public banks reached TND 1838.8 million by the end of June 2023, while the value of fees applied to customers amounted to TND 208.9 million.

Therefore, during the first semester of 2022, revenues from interests and fees climbed to TND 1684.2 million, with interests accounting for TND 1476.3 million and fees totalling TND 207.9 million.

These revenues helped cover salaries and premiums for employees working for these banks. They increased from TND 300.3 million in June 2022 to TND 331.9 million in June 2023, posting a 10.5% rise.

The issue of excessive banking interests and fees was raised by President Kais Saied during a restricted Cabinet Meeting. Furthermore, other parties, including the “Alert” organisation, announced on Tuesday, September 19, that they had received 1,099 complaints from citizens against the banks. They included violations related to the non-closure of accounts. The complaints also target the application of interests, even though these accounts are frozen and do not benefit from several free services stipulated by the law.

Source: Agence Tunis Afrique Presse

Somali Health Minister attends UN health meeting

The Somali Health Minister, Dr. Ali Hajji Adan, has participated in a high-level meeting with his counterparts from around the world at the United Nations headquarters. The meeting focused on the coordination of health programs and the challenges faced by different countries in providing health care to their populations.

Dr. Adan delivered a speech at the meeting, in which he highlighted the difficult situation in Somalia, especially the prevalence of infectious diseases such as cholera, measles and malaria. He also stressed the importance of supporting the development of health services that the Somali people need, such as vaccination, maternal and child health, and emergency response.

The meeting was part of the 76th session of the United Nations General Assembly, which is taking place from September 14 to 30 in New York. The session aims to address various global issues, such as peace and security, human rights, climate change and sustainable development.

Source: Somali National News Agency

National Bond Issue 2023: lines of third tranche to be traded in Tunis Stock Exchange

The lines of the 3rd tranche of the 2023 National Bond Issue will be listed in the Tunis Stock Exchange and traded starting September 25, the Tunis Stock Exchange said on Friday.

The Treasury managed to raise TND 1.024 billion for this third tranche, in excess of the initial amount of TND700 million, i.e. a response rate of 146%.

This tranche was raised to the tune of 79% by stock market intermediaries and 21% by banks.

Source: Agence Tunis Afrique Presse

Tunisia and Tatarstan willing to boost bilateral cooperation in several economic fields

Minister-Representative of the Republic of Tatarstan in Europe and Africa Iskander Loussoupov expressed his country’s willingness to boost cooperation with Tunisia in several areas.

Loussoupov had a meeting, on Thursday, in Tunis, with President of the Tunisian Confederation of Industry, Commerce and Handicrafts (UTICA) Samir Majoul, reads a statement of the employers’ organisation on Friday.

The official, who is in charge of managing his country’s relations with French-speaking countries, pointed out that his visit is part of developing cooperation in economic sectors with Tunisia.

During the meeting, Loussoupov underlined the great potential of Tatarstan’s economy, especially in oil production, chemical industries, mechanical engineering, truck components, cars, aircraft, ships, machinery, technical equipment and the agricultural sector.

Majoul welcomed partnership opportunities between the two countries in light of the sectoral diversity of the two countries and the need for food sovereignty and energy independence.

Source: Agence Tunis Afrique Presse