RegTech Quantexa opens office in Malaga Tech Park

RegTech Quantexa opens office in Malaga Tech Park

Quantexa, a developer of contextual decision intelligence (DI) solutions, has opened its new technology and analytics hub in Malaga Tech Park, Spain.

This hub will offer R&D and professional services capabilities to support customer implementations of Quantexa’s Decision Intelligence Platform throughout Continental Europe.

It hopes the hub will create 120 jobs over the next three years.

A deciding factor for opening the office in Malaga was due to its reputation for data analytics. It stated that six out of ten universities in the region rank top for Data Science capabilities.

Before deciding on Malaga, Quantexa evaluated 21 countries in Europe.

Quantexa CEO and founder Vishal Marria said, “We’re incredibly excited to join the thriving tech ecosystem of the Malaga Valley. The region is a perfect fit with our vision to work with international talent. Having heavily invested in supporting the next generation, we need to focus on driving scale and innovation through our decision intelligence platform to our customers across all key verticals.”

“As a base for our Spanish entity – and with a workforce of nearly 23,000 people – Malaga Tech Park, which spans 21.5 million square feet of innovation, will support us in getting closer to our customers and partners as we serve the region. It’s our ambition to make this a unique space that meets employees’ expectations for a more collaborative and agile working environment.”

There are many global technology companies already present in Malaga. These include Accenture, E&Y, PwC, Deloitte, KPMG, NTT Data and Google.

This new office in Malaga was designed by an award-winning architect to create a social and collaborative space which facilitates interaction and co-creation. The office has ample socialising space, break-out areas, an auditorium, and spaces optimised to support deep thinking and focused work time.

Quantexa has offices in London, New York, Boston, Toronto, Melbourne, Singapore, Brussels and UAE.

Quantexa recently released a report that explored how technology is helping the UK government crackdown on fraud.

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