thousands of points of data mapped out

3 Ways to Leverage Predictive Analytics

Posted by - October 18, 2018
Using Analytics to Gain a Competitive Edge Predictive analytics is quickly changing the way businesses effectively allocate their budgets and gain their edge over competitors. However, even companies with highly sophisticated predictive analytics programs still often run into challenges. Here are some ways to leverage your predictive analytics model by…
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Protiviti Study: Data and Analytics Are Top Priorities for Finance Executives

Posted by - September 20, 2018
Security and privacy of data in finance applications is the highest priority Menlo Park, CA (September 20, 2018) – According to the 2018 Finance Trends Survey Report released today by global consulting firm Protiviti, CFOs and finance executives view data management (security, privacy and governance) and predictive data analytics to be among their most…
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8 Ideas to Reduce False Positives in Fraud Investigations

Posted by - August 9, 2018
Steps to Improve Forensic Analytics Thanks to advances in forensic analytics, we can spot emerging risks long before they come to fruition. But predictions frequently lead to false positives. Satish Lalchand discusses how to prevent them in this third installment of a series on the future of forensics, following articles…
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Optimizing Document Review in Compliance Investigations, Part 2

Posted by - August 6, 2018
Using Advanced Analytics and Continuous Active Learning to “Prove a Negative” This is the second article in a two-part series that focuses on document review techniques for managing compliance in internal and regulatory investigations. Part 1 provided several steps for implementing an effective document review directed at achieving the objectives…

Using Smart Tools to Minimize Risk

Posted by - August 2, 2018
Q&A with Charles Weeden, Managing Partner at 17a-4, llc Charles Weeden is Founder and Managing Partner of e-communications compliance technology firm, 17a-4, llc. Last month, we shared a piece by Charles on how technology can be used to streamline compliance. Today, we share details on Charles’ background, as well as…
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Financial Forecast: Cloudy with a Good Chance of Behavioral Insight

Posted by - July 30, 2018
A Cloud-First Approach to Managing Financial Communications Data The current regulatory framework, which has grown more complex since the 2008 financial crisis, requires more information to be recorded. Regulators have come to realize that in most cases of misconduct, voices may be the only evidence of bad behavior they can…
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The Data Collection “Fire Drill”

Posted by - July 2, 2018
Using Tech to Streamline Compliance Efforts Data collection and monitoring tools now make it easier to access information quickly, but only if your company has the right content management and e-communications system in place. Rather than leaving the decision as to what system would work best solely up to the…

Moving From Reports to Analytics

Posted by - June 19, 2018
SilkRoad’s Talent Talk Podcast, Episode 14 In this episode of Talent Talk, host John Westby discusses with SilkRoad’s Mimi Jerkan and Nirmala Pol the seven advantages of analytics vs. vintage reporting: Faster reporting and analysis Accuracy Better business decision-making (*educated decision-making) Operational efficiency Save headcounts Reduce costs Increase in ROI

Five Keys to Overcoming Data Challenges in Forensic Investigations

Posted by - June 14, 2018
Deloitte’s Satish Lalchand outlines steps organizations can take to prepare an effective foundation for analytics-driven investigations and fraud monitoring, in the second installment of an article series on the future of forensics. In recent years, traditional corporate antifraud measures have lost ground against ploys like procurement fraud, employee expense fraud,…
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How Mature Is Your Organization’s Approach to Forensic Investigations?

Posted by - June 12, 2018
Leading organizations are increasingly integrating human and machine intelligence for forensic investigations.  By combining technological analysis—including artificial intelligence (AI), machine learning and statistical concepts of cognitive analytics—with deep investigator understanding of fraudster motives and methods, many are identifying, investigating and thwarting fraud schemes more effectively and efficiently than ever before. …

Transforming IT Audit in the Digital Era

Posted by - June 6, 2018
Robotic Process Automation and Other Key Advances A number of technological advances are emerging that, when implemented by IT audit, will upend the traditional approach to IT auditing. Among the advances: robotic process automation, advanced analytics, and process mining. Protiviti’s Andrew Struthers-Kennedy and Ashley Cuevas explore several changes coming to…