Advanced Risk and Compliance Analytics Solutions

Your business issues

As the digital economy evolves, risks and costs are growing in tandem with opportunities. Data breaches, digitally driven fraud and financial crime, globalization, and the steady introduction of new and disruptive technologies are contributing to a volatile environment and expanded regulatory reach. To manage the risks and compliance obligations of this environment, companies need innovative technology solutions and smarter data.

Read our case study:How we helped strengthen effective, risk-based transaction monitoring for a financial services company

A global financial services firm was confronting the possibility of a significant regulatory action for perceived weaknesses in its internal anti–money laundering and counter–terrorist financing (AML/CTF) controls. Its compliance executives suspected that certain overseas offices were not performing effective, risk-based transaction monitoring to identify potential criminal behavior.

What we did:

The firm engaged PwC to help it find a way to efficiently analyze millions of transactions to track aberrant activity. Working with the company’s chief compliance officer and financial crime professionals, our team leveraged data analytics to connect a series of data sets and perform a trend analysis that uncovered a hidden network of relationships among accounts and confirmed that certain overseas offices were indeed providing insufficient surveillance.

The result:

  • The company was able to address specific process failures in its overseas transaction monitoring regimes, and improve its AML/CTF program.
  • Armed with the dynamic dashboards we created — which provide a real-time view into transactions by region, size, origin, or nature, right down to the individual operation — the company is better prepared to monitor for suspicious activity and other risks hiding in its business relationships.
  • Impressed with the power of real-time dashboards and visualizations, the company may apply data analytics solutions to other areas of risk management and compliance.

PwC’s Advanced Risk and Compliance Analytics Solutions can help you drive a deeper understanding of your compliance infrastructure and business operations and provide a new level of enterprise-wide intelligence to mitigate risk and accelerate your business. With our help, you’ll be better equipped to navigate complexity and thrive on change.

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We’re here to help

John Sabatini
John Sabatini
Advanced Risk and Compliance Analytics Solutions Leader
Tel: +1 (646) 471 0335
Connect with John on LinkedIn