Financial Crime World

Sudan’s Financial Crime Data Analytics: A Game-Changer in Fighting Economic Sanctions and Money Laundering

In today’s complex financial landscape, detecting and preventing financial crimes such as economic sanctions breaches and money laundering requires sophisticated data analytics capabilities.

FTI Consulting: Leading the Way in Financial Crime Analytics

FTI Consulting, a leading global consulting firm, has extensive expertise in financial crime analytics. Leveraging cutting-edge technology and real-world experience, they help clients navigate these challenges.

Integrated Project Teams: A Collaborative Approach to Investigations

The firm’s integrated project teams bring together top practitioners with industry and regulatory expertise, skilled data and analytics professionals, and technology-enabled solutions. This collaborative approach enables clients to:

  • Effectively investigate complex matters
  • Identify patterns and connections
  • Build a comprehensive understanding of the data

Augmented Investigations: Transforming Financial Crime Investigations

FTI Consulting’s Augmented Investigations capabilities transform how financial crime investigations are conducted. Using machine learning (ML), natural language processing (NLP), and other AI and network analysis methods, they connect and cluster data to:

  • Conduct holistic reviews of massive datasets
  • Analyze numeric, text, and image forms

Technology Expertise: Handling Any Data Type

The firm’s technology expertise is hands-on and battle-tested. They can handle any data type, including:

  • SWIFT or other payment messages
  • Core banking transactions
  • IP address log files
  • Chat and email
  • Plain-old documents
  • A combination of these sources

Support Throughout the Financial Crime Investigation Process

FTI Consulting provides support at every stage of financial crime investigations:

Preventative/Proactive Measures

  • Proactively manage risk and safeguard compliance using data-and-analytics-driven systems and controls
  • Develop scenarios, tune rules, validate algorithms, and enrich data for screening and monitoring systems
  • Provide interactive control performance dashboards to help identify problematic areas

During an Event

  • Quantify and respond to regulatory breaches, fraud, or corporate malfeasance
  • Leverage network analysis, transaction clustering, customer segmentation, and other ML and NLP technologies to expedite and add new insight to investigative scenarios

Post-Investigation

  • Provide litigation support
  • Offer post-matter compliance programs that reduce risk
  • Participate in ongoing regulatory presentations and discussions
  • Explain how Augmented Investigations capabilities were applied, often an area of scrutiny by courts and regulators.