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Bootstrapped.
Self-governed. Busy.
And growing.

A bootstrapped Indian-origin enterprise software company building for the world. Building algorithms of trust for banks, insurers, fintechs, and exchanges with live clients in 19 countries and jurisdictions and sales presence in 30 countries.

purpose, vision, mission

purpose

We build algorithms of trust with people, product and planet.

vision

To build a world where financial crime, money laundering and theft are impossible.

mission

To help financial institutions detect, manage, and report financial crime more quickly and efficiently.

how we got here
Govind and Satya, the two founders who run QDE every day.
Govind and Satya. Hyderabad.

We jointly founded Quantum Data Engines in 2011 and we were generously supported in our journey by Harini Raghavan. Prior to starting QDE, we worked together on the forefront of financial crime management software in the wake of post 9/11 global crack down on financing of terrorism and money laundering. Our interactions with financial institutions around the world made us aware of what was required from regulation and what was lacking in first generation of transaction monitoring systems. We later joined hands to design and build Compass AML as a single window transaction monitoring system to manage and mitigate risks arising out of financial crime.

In 2014, as a small team of 5 people, we delivered the first version of Compass AML to a leading bank in India as a seamless migration from their legacy AML system. In delivering a highly scalable transaction monitoring system with legacy migration of large customer and transaction data sets, we also built a super-fast data extraction, processing and loading tool. The feedback was immediate, and the results were promising and encouraging for us to invest further into the product. The data processing engine has become the foundation of all our products and our products have grown to meet the evolving shifts in technology and domain.

Over the last fifteen years, QDE has expanded tremendously as a team, our products have been accepted by a variety of financial institutions around the world. Today, our products process over 1.5 billion transactions a day at client installations across nineteen countries and jurisdictions. We also run the fastest data input, anomaly processing and alert delivery engine in the markets we operate in and our products are a symbol of stability, scalability, performance and trust.

Our products help build confidence, whether directly through our work or indirectly through what our products allow our clients and users to achieve. The entire QDE team has been awed by the dedication of our customers to their compliance goals and we are thrilled to be welcomed into their lives and be a part of their daily work routine. We work every day to enable our customers move the needle forward in compliance, in mitigating risk, in decision making and in competing better. Our continued goal is to provide an experience of completion to all the stakeholders in the financial crime investigation and management process and use the data for better decision making across the institution.

QDE is not a large company that dabbles in too many products. We are, instead, a product company dedicated to only building a specialized and niche set of products. We have fully bootstrapped all our products, putting our customers at the forefront of our design process. No venture capital. No board of directors. No investors. As a team, QDE is small, nimble and quick to respond. We are obsessed about product development and spend extensive time in researching, developing and testing products. A small company making a big difference to the industry.

As a small company, we care about our people, our clients and our planet. We are building a modern company with an inclusive culture reflecting an organization of the future. We are committed to deliver beyond what we have promised to our clients. We founded Ripples to connect to nonprofits with creative ideas for social responsibility and engagement. For a company our size, we substantially contribute to our Ripples initiative.

Being bootstrapped, we are frugal, and we are proud to work with leading financial institutions, solving pressing global problems while leading a talented and dedicated team. We are also intensely passionate about bootstrapped entrepreneurship, software product development and developing people.

We build algorithms of trust and we are here for the long haul.

founders

Kumar Govind

  • Over twenty years delivering financial crime management software products.
  • Worked across a wide variety of source data systems and built highly scalable ETL systems.
  • Delivered financial crime management solutions to leading banks and financial institutions in India and around the world.
  • Solution architect of QDE products, continually improving performance and scalability across product lines.
  • Leads a team building the next generation of financial crime management tools.
  • B.Tech in Computer Engineering, Indian Institute of Information Technology (IIIT-K), India.
  • Engages with academia, addressing students on building software products at enterprise scale.

Satya Prakash

  • Over thirty years working with software product organizations.
  • Global sales and customer success across AML, Financial Crime Management, Transaction Monitoring, Surveillance and Risk Management.
  • Has led engagements across India, Asia, APAC, Africa, the Middle East, Europe, Russia, China and America.
  • Alumnus of the Indian Institute of Management, Kozhikode (IIM-K), India.
  • Passionate about bootstrapped entrepreneurship; mentors startups and speaks at cohort events.

Harini Raghavan

  • Over twenty-five years in software products, data analytics, data mining, name-screening and entity-resolution engineering.
  • Specialises in product architecture, data extraction, mining analytics, entity triangulation and entity-resolution systems.
  • Expert in linguistic matching and data de-duplication engines.
  • Continues to lead engineering at a global enterprise software company, managing large teams building enterprise-scale, cloud-based products.
  • B.Tech and a master's degree in science from Birla Institute of Technology and Science (BITS), Pilani, India.
what we believe
"Our core beliefs in running QDE remain consistent with when we started. A deep commitment to culture, humanity, and client impact drives greater success than focusing solely on financial results. The privilege and responsibility of leadership far outweigh its pressures. And above all, empathy matters more than any business goal."

Govind and Satya