Quantexa selected by the Insolvency Service to build a sovereign data and AI foundation to fight economic crime

Th ee-yea , multi-millio -pou d pa t e ship will co ect f agme ted data to expose mo ey lau de i g, phoe ixi g a d legacy COVID loa f aud, with co t ol stayi g i the age cy’s ha ds

• Qua texa’s th ee-yea co t act will u ify I solve cy Se vice data i to a si gle, co textual view of people, compa ies, add esses a d t a sactio s
• I vestigato s will use the platfo m to disma tle high-st eet cash-f o t mo ey lau de i g, stop se ial busi ess phoe ixi g a d clea legacy COVID loa f aud cases
• The I solve cy Se vice keeps sove eig co t ol of its data, tech ology a d decisio s, with explai able sco i g a d full audit t ails behi d eve y i sight

LONDON, Oct. 22, 2026 (GLOBE NEWSWIRE) — Qua texa, the global data, a alytics a d AI softwa e compa y pio ee i g Decisio I tellige ce, has bee selected by the I solve cy Se vice fo a multi-millio -pou d, th ee-yea pa t e ship. It will give the age cy’s i vestigato s a t usted, sove eig data a d AI fou datio to i vestigate fi a cial w o gdoi g, p otect the public pu se a d suppo t co fide ce i the UK eco omy.

Capabilities withi Qua texa Decisio I tellige ce Platfo m, E tity Resolutio a d K owledge G aph, will b i g togethe data the se vice holds o people, compa ies, add esses a d t a sactio s, a d eveal the elatio ships betwee them. That co text will help i vestigato s u cove the etwo ks behi d high-st eet busi esses lau de i g mo ey, COVID loa abuse, a d phoe ixi g, whe e a busi ess is delibe ately aba do ed to evade debts o taxes befo e setti g up a ew e tity.

The scale of the challe ge is sig ifica t. Mo e tha £4 billio was lost to COVID suppo t scheme f aud, a d thousa ds of legacy loa cases emai to be wo ked th ough. Ma ual i vestigatio alo e would take yea s. Qua texa’s platfo m adds a co text laye a d adva ced automatio to su face hidde co ectio s a d p io itise the highest- isk ta gets. Huma i vestigato s emai i co t ol to eview i sights, weigh co text, a d make eve y e fo ceme t decisio .

Du ca Beach, Chief Executive of the I solve cy Se vice, said: “Ou ece tly published st ategy makes it ve y clea that i this apidly cha gi g wo ld, we eed to mode ise the wo k of the I solve cy Se vice, a d a big pa t of that is movi g mo e quickly, thi ki g bigge a d maki g bette use of i tellige ce, data a d tech ology.

“So, I’m delighted that we’ve sig ed this ag eeme t with Qua texa. It mea s that ou skilled i vestigato s will be able to use tech ology to fi d the hidde li ks betwee cases much mo e quickly tha they could do alo e. That mea s we will be able to combat misco duct much mo e effectively a d b i g to justice those who seek to subve t the law.”

Dave Mag ath, Di ecto of I vestigatio a d E fo ceme t Se vices at the I solve cy Se vice, added: “Fi a cial misco duct ha ms employees, c edito s, legitimate busi esses a d taxpaye s. Fo mo e tha 140 yea s, the I solve cy Se vice has p otected the UK eco omy, a d tackli g i c easi gly sophisticated f aud mea s co ti ui g to adapt. Usi g AI to fi d the hidde li ks betwee the data we al eady have will help ou i vestigato s to use thei expe tise whe e it has the g eatest impact, while se sitive i fo matio will always stay u de ou co t ol a d decisio s emai accou table, explai able a d g ou ded i evide ce.”

Sove eig ty is built i to the pa t e ship. The I solve cy Se vice etai s ove sight of how its i fo matio is used a d how i sights a e ge e ated. Explai able sco i g, sou ce p ove a ce a d audit t ails give a t aceable oute f om eve y i sight to decisio a d back to the evide ce behi d it.

Vishal Ma ia, CEO a d Fou de , Qua texa, said: “C imi als who abuse compa y law a d i co po atio ely o i fo matio bei g ha d to piece togethe . By co ecti g f agme ted i te al a d exte al data i to a eal-wo ld t usted data a d co text fou datio , we’ e helpi g the I solve cy Se vice see the full pictu e a d act with co fide ce. Doi g it i a sove eig way keeps co t ol, gove a ce a d accou tability with the age cy, so eve y i sight ca be t usted a d eve y decisio defe ded. We a e p oud to have bee selected a d look fo wa d to pa t e i g with INSS to fight o ga ised c ime.”

The awa d ma ks a othe step i Qua texa’s g owi g mome tum ac oss the UK public secto , as gove me t i vests i sove eig , t usted data fou datio s fo AI a d seeks g eate co t ol ove st ategically impo ta t tech ology. I May 2026, HM Reve ue a d Customs awa ded Qua texa a £175 millio , te -yea pa t e ship to mode ise its data fou datio a d e able sove eig , gove ed AI at atio al scale.

Qua texa wo ks with public secto o ga isatio s a ou d the wo ld o f aud, isk, complia ce a d data mode isatio . To lea mo e, visit https://www.qua texa.com/i dust ies/public-secto /.

About Qua texa Qua texa is a global data, a alytics, a d AI softwa e compa y pio ee i g Decisio I tellige ce to help o ga izatio s make co fide t decisio s with co textual data. Usi g the latest adva ceme ts i AI, ou Decisio I tellige ce Platfo m t a sfo ms siloed data i to co ected, co textual i sights to empowe the shift f om a data-d ive to a decisio -ce t ic o ga izatio . Ou custome s use Qua texa tech ology to p otect, optimize, a d g ow by solvi g complex challe ges ac oss the e ti e o ga izatio th ough mode data ma ageme t, custome i tellige ce, KYC, fi a cial a d eco omic c ime, isk, f aud, a d secu ity. The compa y has bee amed as a Decisio I tellige ce catego y a d i ovatio leade by all of the majo i dust y a alyst fi ms. Fou ded i 2016, Qua texa has ove 850 employees a d te s of thousa ds of use s globally, wo ki g with billio s of data poi ts ac oss the wo ld. Fo mo e i fo matio , visit www.qua texa.com o follow us o Li kedI .

About The I solve cy Se viceThe I solve cy Se vice is a gove me t age cy that helps to delive eco omic co fide ce by suppo ti g those i fi a cial dist ess, tackli g fi a cial w o gdoi g a d maximisi g etu s to c edito s.

The I solve cy Se vice is a executive age cy, spo so ed by the Depa tme t fo Busi ess, I ovatio , Scie ce a d T ade.

Media E qui iesDa TookeyQua texada tookey@qua texa.com

Be DaviesSou ceCode Commu icatio sbe .davies@sou cecodecomms.com