Financial Crime World

Investigation Tool Revolutionizes Fraud Detection: ScanWriter Unveils Powerful Data Visualization Capabilities

ScanWriter, a leading data visualization tool, has introduced innovative features that are set to transform the way fraud investigators track down financial crimes.

Flow of Funds Visualization: A Game-Changer for Investigators

ScanWriter’s Flow of Funds model enables investigators to automatically populate a ‘Flow of Funds’ visualization, allowing them to easily follow the money trail between accounts. The tool represents each account as a node with graphics that aid in identifying accounts and transactions.

  • Links between nodes display account transactions.
  • Arrows indicate transaction direction.
  • The volume of dollars exchanged through a link determines its line thickness, with thicker lines indicating more funds.

This feature helps investigators quickly identify the most significant financial movements and pinpoint potential fraud.

SAR Analysis and Benford’s Law: Uncovering Financial Anomalies

ScanWriter simplifies the process of analyzing Suspicious Activity Reports (SARs) and applying Benford’s Law to data, enabling investigators to quickly discover first-digit distribution discrepancies, a common marker of financial anomalies.

Asset Tracing: A Powerful Tool for Tracking Down Assets

The tool’s asset tracing feature extracts vital information from bank statements and other documents, allowing investigators to refine their analysis through data filtering based on names and transaction descriptions. This enables analysts to tailor their visualizations to specific criteria, eliminating minor transactions and focusing on substantial financial movements.

Case Management: Streamlining Investigations with Ease

ScanWriter’s case management tool addresses common challenges faced by fraud investigators, including document organization, collaboration, and real-time tracking. The tool enables effortless document organization, enhanced collaboration among team members, and real-time case tracking through a bar graph.

Real-World Impact: A Murder Suspect Caught Quickly Thanks to ScanWriter

In a remarkable case study, ScanWriter’s data visualization capabilities helped investigators apprehend a murder suspect quickly. By leveraging the tool’s Flow of Funds model, asset tracing feature, and SAR analysis, investigators were able to uncover a complex financial web of transactions that ultimately led to the suspect’s capture.

Industry Recognition: Experts Praise ScanWriter’s Capabilities

Professionals across industries have praised ScanWriter for its innovative features and unparalleled support. The tool has been hailed as a game-changer in the fight against fraud, with experts claiming it will significantly streamline investigations and help uncover complex financial anomalies.

Get a Free Demo: Experience ScanWriter’s Power for Yourself

To experience the power of ScanWriter firsthand, investigators are invited to request a free demo or get in touch with the dedicated ScanWriter team. With its cutting-edge features and seamless integration into existing business processes, ScanWriter is poised to revolutionize the way fraud investigators work.