Financial Crime World

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The Netherlands Antilles: Proactive Risk Management Through Compliance Data Analytics

In today’s complex business environment, detecting fraud and corruption early on is crucial to preventing financial and reputational damage for organizations operating in the Netherlands Antilles. Kroll, a leading global risk consulting firm, offers an award-winning software solution, Risk Analytics Monitor, to help clients stay ahead of emerging risks.

Timely Identification of Risks

Risk Analytics Monitor allows for timely identification of indicators of fraud and corruption through automated analysis of large datasets. This proactive approach enables organizations to take cost-saving action before risks can materialize. The software is powered by artificial intelligence (AI) and combines 50+ years of risk consulting expertise with advanced data analytics.

How It Works

Our team works closely with clients to:

  • Pinpoint areas of vulnerability
  • Determine necessary testing
  • Configure imported data for optimal risk identification results
  • Collect and assess data against established risk models and score, highlighting identified red flags in a case management workflow that streamlines monitoring and response.

Interactive Dashboards and Investigative Support

Risk Analytics Monitor provides access to insights on potential risks, control gaps, and conformity to regulations through visual and interactive dashboards. Our global multidisciplinary team of experts reviews any red flags, determines required next steps, and guides investigative action.

Continual Optimization

We offer monthly, quarterly, and semi-annual monitoring schedules that provide deeper insights into emerging risks compared to a single snapshot in time. Our experts can also review and adjust risk and machine learning models for continuous improvement.

Efficient Risk Management

Risk Analytics Monitor efficiently identifies high-risk transactions and third parties that could lead to significant financial and reputational damage for organizations operating in the Netherlands Antilles. The software integrates with SAP, Oracle, and other ERP systems as well as in-house compliance and due diligence tools.

The Benefits

Some of the benefits offered by Risk Analytics Monitor include:

  • Timely and interactive insights into potential risks and control gaps
  • An auditable trail of risk identification and response at your fingertips
  • Easy generation of reports for senior management or regulators

Industry Recognition

Risk Analytics Monitor has received numerous industry awards, including:

  • CFE (Certified Forensic Examiner) of the Year 2022
  • ACFE Digital Innovation Award 2022 Financial Times
  • Anti-Corruption Techsprint sponsored by the U.S. Treasury and U.S. State Department
  • AI/ML Innovation of the Year 2022 Internet Marketing Association