The Missing Ingredient to Effective Financial Investigations

Technology | Legal Business (Reprint)

March 21, 2019

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As the global political and regulatory climate continues to add pressure to multinational corporations, legal and compliance teams – particularly at financial services institutions – need to prepare for an increase in sanctions risks, internal investigations and regulatory inquiries.

Data analytics can help offset the burden of this increased activity and enable organisations to proactively detect and flag evidence of possible fraud, money laundering, illegal payments and other wrongdoing. Utilising advanced data analytics systems, investigators can compare vast quantities of data with rules and risk indicators to identify anomalies and clusters, as well as trends that might indicate suspect behaviour. This insight makes it possible for business leaders and their legal teams to thwart and prevent illicit activity before it does irreparable damage to the organisation, from both a financial and reputational perspective.

Republished with the permission of Legal Business. © Copyright 2019. The views expressed herein are those of the authors and do not necessarily represent the views of FTI Consulting, Inc. or its other professionals.


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