Financial crime analytics

Advanced and predictive analytics is a set of statistical tools and technology that uses current and historic data to predict future behaviour, and can be applied across different industry sectors. Done right and applied throughout a project, they can help organizations make decisions more accurately, objectively, and economically to ensure future success.

Using analytics in new ways to predict future outcomes can help your company mitigate several key risk areas, as well as reduce the possibility of complete project failure.

Business users are often confounded by a lack of visibility into their data, as well as the limited options for manipulating and exploring the information affecting their business. Our data visualization capabilities allow complex data structures, relationships, and trends to be viewed and navigated, even with unstructured or abstract data. Visualization is, therefore, re-emerging as a way to unlock data volumes and unstructured content to answer the question, "What do I need to know?"

Deloitte’s economic and statistical analytics practice operates globally, providing specialist economic advice to private and public sector clients across a wide range of sectors. Our professionals use micro-economics and their statistical, econometric, and financial knowledge to explore and resolve the business, consumer, and regulatory issues that confront our clients. Combining economic modeling skills with deep industry knowledge, we provide professional economic advice to companies, regulators, and government.

Our data analytics specialists provide a range of services to help you explore evidence, and to model past and possible future events. We can systematically scope, acquire, load, validate, and maintain structured (e.g., transactional) and unstructured (e.g., text) electronic data and call on rules-based, inductive, and visual techniques to:

• Uncover evidence of schemes or scenarios
• Develop models that depict or describe historical events
• Build predictive models for the purposes of anti-fraud/corruption efforts and segmentation

Through our web application development services, we develop and employ proprietary detection, monitoring, and case-management tools, as well as custom applications for your individual needs.

Forensic data reviews help develop insights about business problems in the forensic advisory domain. By gathering, managing, and analyzing data, we can build awareness and intelligence in the fields of:

• Anti-money laundering
• Anti-bribery and anti-corruption legislation (e.g. Corruption of Foreign Public Officials Act, The Foreign Corrupt Practices Act)
• Corporate investigations
• Discovery
• Business intelligence services
• Anti-fraud consulting