Using data analytics to cut costs and drive efficiency
Case study: our data analysts help a financial services firm find ways to detect, identify and reduce fraudulent insurance claims.
Data Analytics
Patterns, irregularities, focus and conclusions
Data Analytics
Business Insights, Visualisation and Dashboarding
Compliance Monitoring - Commercial Data Reporting
Data touches every part of an organisation. Control Risks helps organisations acquire and analyse high volumes of data. This uncovers actionable insights to improve operational margins, build strategic risk and resilience programs and mitigate compliance risks.
Business insights, visualisation and dashboarding
Analysing enterprise data to identify unexplored growth areas and operational pain points enables the C-suite to make business critical decisions. We can enhance and centralise your global reporting through intuitive and interactive visualisation dashboards.
We not only automate existing reports to reduce reliance on IT, but empower executives to explore insights and test hypotheses on their own. We can assign probabilities to scenarios and create risk scores so that business stakeholders and compliance officials can see the potential outcomes of their decisions before taking action.
We also work alongside corporate security functions to optimise the process and improve efficiency. We help to identify critical data sets and metrics which can support strategic resilience and response programs and operational and tactical business continuity planning.
Compliance monitoring
Control Risks has a team of compliance experts and technologists with experience designing and developing compliance monitoring applications that incorporate risk-based transactional analytics and workflow delegation technology to help you meet your regulatory requirements and internal compliance controls.
Whether it is automating fraud detection as part of a compliance assurance programme related to the Foreign Corrupt Practices Act (FCPA), or implementing decision-based workflows to meet the unique business rules of a regulated industry, our development team collaborates with you to create ideas and solutions to satisfy your compliance monitoring needs.
Commercial data reporting
Our data analytics team has extensive experience in analysing financial and accounting data to help companies prepare for business critical events such as mergers and acquisitions, IPOs and other market changing actions.
We work with multinational corporations to solve specific management reporting issues, particularly when timescales are urgent. Our accounting expertise and familiarity with financial systems helps us act as an interim reporting solution to address any shortcomings in existing reporting capabilities. Our team can quickly create ad hoc reporting, ensure accuracy in reported figures and reconcile existing variances.
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Using data to detect and de-conflict your interests
Combining an understanding of who your third parties are and how they behave is vital to uncovering conflicts of interest misconduct. This can be best done through data.
Data is the backbone of modern business
Through tailored solutions you can develop risk based, scalable and repeatable insights that support you in your decision making, mitigate risks and protect revenue.
Our thinking
Analysis
Tech-forward investigations
Rejil Kumar Rajan analyses how changing technology is challenging traditional investigation methodology. He offers practical considerations organisations should focus on to apply and integrate technology more effectively in corporate investigations.
In Focus
Fighting match fixing with data
Alecia Futerman and Jonathan Brown speak with Nick Ilife of Stats Perform about the increasing prevalence of match fixing in sport and how Stats Perform uses data analytics and AI to monitor millions of sporting events globally in real time each year.
In Focus
Buying Charlton: A conversation with Thomas Sandgaard
Join Control Risks' Jonathan Brown for a conversation with Thomas Sandgaard -- CEO and founder of medical device company, Zynex Inc -- who acquired Charlton Athletic in September 2020. They chat about the challenges Thomas faced during the club takeover, as well as the importance of ethics in club ownership and business more generally.
In Focus
Integrating ESG into third party risk management
Join Control Risks experts Maria Knapp, Emily Morgan and Clare Morton for a discussion about how ESG factors impact on supply chain and third party risk management programmes. What are the drivers that will define what ‘good’ looks like? What are companies already doing? And what are some of the practical considerations for integrating ESG into your third party risk diligence programme?
Legal and Compliance
Litigation readiness: data analytics
Our in-house experts, Al Park and Antonia give you an inside look at the benefits of advanced data analytics, as well as the importance of human expertise.