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Government · head to head

Periscope Holdings vs Quantexa

Periscope Holdings logo

Periscope Holdings

Government

Statewide e-procurement systems and supplier networks for large public agencies

From
On request
Free plan
No
Full reviewWebsite
Quantexa logo

Quantexa

Cybersecurity

Entity resolution and network analytics for financial crime investigation

From
On request
Free plan
No
Full reviewWebsite

The short version

  • Each has a real cost: Periscope Holdings it is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.; Quantexa pricing is never published and lands in the seven figure range annually for a tier one deployment, so it is out of reach for mid-sized institutions no matter how well the analytics would fit.
  • They diverge on capability: Periscope Holdings covers Sealed bid solicitation, Quantexa covers Entity resolution.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Periscope Holdings and Quantexa actually diverge.

Attributes where Periscope Holdings and Quantexa differ
AttributePeriscope HoldingsQuantexa
PlatformsWebWeb, Linux
CategoryGovernmentCybersecurity

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Periscope Holdings

  • Sealed bid solicitation
  • Supplier registration network
  • Contract catalogues
  • Cooperative purchasing
  • Spend and compliance reporting
  • Supplier diversity tracking

Only in Quantexa

  • Entity resolution
  • Network generation
  • Contextual monitoring
  • Investigation workspace
  • Data fusion
  • Deployment on customer cloud

What people use each for

The jobs each tool is most often brought in to do.

Periscope Holdings

  • A state building a central procurement portal serving many agencies and local entitiesnot Quantexa
  • A large agency needing statutory sealed bidding with a public opening recordnot Quantexa
  • A purchasing programme that must report spend and supplier diversity across entitiesnot Quantexa
  • A state wanting local governments to buy from its awarded cooperative contractsnot Quantexa

Quantexa

  • A bank whose AML alert backlog is dominated by false positives and wants network context to close them fasternot Periscope Holdings
  • Sanctions investigation where the sanctioned party is not the account holder but a connected director or shareholdernot Periscope Holdings
  • Merging customer records across retail, commercial and wealth divisions after an acquisition to see total exposurenot Periscope Holdings
  • A tax or benefits agency looking for organised fraud rings rather than individual claimantsnot Periscope Holdings

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Periscope Holdings

  • It is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.
  • The interface reflects the age and regulatory weight of the platform, and suppliers routinely describe registration and bidding as harder than on newer portals, which can suppress bid response.
  • Ownership has changed twice since 2021, from independent to mdf commerce to KKR, so roadmap and support continuity should be written into the contract rather than assumed.
  • Sibling products inside mdf commerce cover adjacent procurement ground, which means an apparently competitive shortlist may contain two products with the same owner.
  • Statewide implementations are multi year projects with heavy configuration and change management, and the professional services cost commonly exceeds the software over the contract term.

Quantexa

  • Pricing is never published and lands in the seven figure range annually for a tier one deployment, so it is out of reach for mid-sized institutions no matter how well the analytics would fit.
  • Output quality is bounded by input data quality, and organisations without governed customer data spend the first phase of the programme fixing feeds rather than catching criminals.
  • Implementation typically requires a systems integrator and runs into quarters rather than weeks, so the business case has to survive a long period with no operational benefit.
  • The platform augments rather than replaces existing transaction monitoring, so you keep paying for the incumbent system alongside it and total compliance technology spend rises before it falls.
  • Skills are scarce; the platform needs people who understand both Spark scale data engineering and financial crime typologies, and those people are hard to recruit and easy to lose.

Pricing, plan by plan

Periscope Holdings

On request
  • BuySpeed$undefined/year
    • Quoted per programme, scaled to entities served and transaction volume
    • Multi year statewide contracts with implementation priced separately
    • Supplier side registration fees form part of the commercial model on some programmes

Quantexa

On request
  • Quantexa Platform$undefined/year
    • Entity resolution and network generation
    • Deployed in customer cloud tenancy
    • Priced by data volume and use case count

Which should you pick?

Choose Periscope Holdings if

  • You need sealed bid solicitation.
  • You also want supplier registration network.
Periscope Holdings review

Choose Quantexa if

  • You need entity resolution.
  • You work on Web, Linux.
  • You also want network generation.
Quantexa review

Questions people ask

Is Periscope Holdings or Quantexa better?
Neither clearly leads. Periscope Holdings starts at On request and Quantexa at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Periscope Holdings or Quantexa?
Periscope Holdings starts at On request and Quantexa at On request.
Does Periscope Holdings or Quantexa run on more platforms?
Periscope Holdings runs on Web. Quantexa runs on Web, Linux.
What is Periscope Holdings best used for?
Periscope Holdings is most often used for a state building a central procurement portal serving many agencies and local entities, a large agency needing statutory sealed bidding with a public opening record, a purchasing programme that must report spend and supplier diversity across entities, a state wanting local governments to buy from its awarded cooperative contracts. Of those, a state building a central procurement portal serving many agencies and local entities and a large agency needing statutory sealed bidding with a public opening record are not what Quantexa is typically brought in for.
What can Periscope Holdings do that Quantexa cannot?
Periscope Holdings covers Sealed bid solicitation, Supplier registration network, Contract catalogues, Cooperative purchasing. Quantexa covers Entity resolution, Network generation, Contextual monitoring, Investigation workspace.

Answered from the vendors’ own pages

Periscope Holdings: Who owns Periscope Holdings?

mdf commerce acquired it in 2021, and mdf commerce was itself acquired by KKR in 2024.

Quantexa: Does Quantexa replace our transaction monitoring system?

No. It usually sits alongside it, adding network context to the alerts that system generates and to investigations.

Periscope Holdings: Is it suitable for a single city?

Usually not. It is built and priced for statewide or very large agency programmes.

Quantexa: Where does our data go?

Into your own cloud tenancy in the normal deployment model. Quantexa does not require you to send customer data to a shared multi-tenant service.

Periscope Holdings: What is BuySpeed?

The e-procurement platform behind its statewide deployments, covering solicitation through catalogue ordering and reporting.

Quantexa: How is it priced?

Not publicly. Expect an annual subscription scaled by data volume and number of use cases, plus separate implementation cost.

Periscope Holdings: Can we see what a state paid?

Yes. State procurement awards are public records and typically disclose the full multi year contract value.

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