Financial Crime World

Enhancing Financial Crime Detection in Wallis and Futuna

Advanced Data Analytics Boosts Investigation Efforts

In a significant step forward for financial crime detection, Deloitte has successfully employed its cutting-edge data analytics capabilities to assist a local client in uncovering severe malpractice within one of their employees. This investigation highlights the importance of advanced data analysis techniques in preventing and detecting financial crimes.

Key Findings of the Investigation

  • Suspicious Activities Identified: Through a thorough examination of the individual’s personal and work-related securities transactions, Deloitte’s team was able to identify suspicious activities, including unauthorized front running, parallel running, and after running transactions.
  • Significant Personal Profits Calculated: Advanced data analysis techniques enabled the calculation of significant personal profits made by the employee through these illicit activities.

Supporting a Strong Compliance Framework

The detailed report provided an independent expert opinion that was instrumental in supporting the client’s case. The findings were subsequently presented to the public prosecutor, marking a significant milestone in Wallis and Futuna’s efforts to combat financial crime.

Harnessing the Power of Data Analytics for Better Compliance

By leveraging advanced data analytics capabilities, organizations can detect and prevent financial crimes more effectively, ensuring the integrity of their operations and protecting the trust of their stakeholders. Deloitte’s expertise in this area can play a critical role in helping local businesses navigate these challenges and maintain a competitive edge in the global market.

Supporting Wallis and Futuna’s Growth

As Wallis and Futuna continues to grow its economy and attract foreign investment, the need for effective financial crime detection becomes increasingly pressing. Deloitte’s expertise can help local businesses stay ahead of emerging threats and maintain a robust compliance framework, ensuring a secure and prosperous future for the region.