Press releases

Acquisition of digital forensic firm substantially increases Deloitte’s capacity to support the fight against financial crime

Singapore, 1 August 2016 – Deloitte Southeast Asia announced today that it has acquired I-Analysis Pte Ltd, a highly regarded digital forensic and electronic discovery service provider.

Established in 2006, I-Analysis is recognised in Singapore and across the Southeast Asia region for its expertise in digital forensics, electronic discovery, information governance, and online investigations. This acquisition is a strategic investment that more than doubles the size of the existing team, enhancing Deloitte’s digital forensic capabilities and reinforcing its commitment to extend its market-leading digital forensic capabilities.

With tightening regulations, growing demands by customers for integrity and increasing criminal sophistication, the pressure to tackle financial crime – such as fraud, money laundering and cybercrime – has never been greater, both for the corporate and public sector.

At the same time, in an effort to maintain Singapore’s reputation as a trusted financial centre, regulators recently announced plans to conduct more “intrusive” inspections of institutions that are deemed to present higher risks.

“Combined with Deloitte’s existing digital forensic and financial crime analytics capability, I-Analysis substantially extends our ability to help clients prevent and meet heightened regulatory requirements related to fighting financial crime and Money Laundering,” said Tim Phillipps, Asia Pacific Leader of Deloitte’s Financial Crime Strategy and Response Network.

“Organisations face increasing scrutiny on their own regulatory conduct and disruption to payment processes and systems. With the integration of I-Analysis, we’re even better positioned to help clients in areas of prevention and detection,” continues Phillipps. “This proactive approach is usually far more cost-effective than the alternative.”

“The addition of I-Analysis further boosts our ability to provide seamless and innovative solutions in Southeast Asia. Many of our clients in financial services have presence in more than one country in the region, with each country posing different opportunities and challenges in the marketplace. Deloitte is committed to help them navigate the different markets and we do so by continuously innovating the way we do business, to meet the demands of our clients,” said Philip Yuen, Chief Executive Officer, Deloitte Southeast Asia.

“This transaction brings like minds together — both Deloitte and I-Analysis are committed to bringing the right tools and expertise to serve our clients. With our expertise and Deloitte’s reach, this acquisition allows I-Analysis to be part of a leading global forensic practice—one that is committed to remaining at the forefront of advanced analytical approaches and technologies,” said Darren Cerasi, Founder and Co-Director, I-Analysis.

Deloitte’s global forensic and financial crime network comprises more than 3,000 professionals, operating in more than 50 countries. Deloitte has been ranked a global leader in forensics and dispute advisory services as well as analytics by leading market analysts.

Deloitte Southeast Asia has a presence in 11 countries across the region – Brunei, Guam, Indonesia, Cambodia, Malaysia, Myanmar, Lao PDR, Philippines, Singapore, Thailand and Vietnam. With over 270 partners and 7,300 professionals, their unique structure allows them to serve the needs of their client seamlessly across borders with both deep regional and local insights.

Press contact:

Carie-Anne Bak
Deloitte Singapore
Marketing & Communications
+65 6531 5203

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