FCPA guidance says compliance programmes must use robust technology and data analytics to assess internal behaviours and the behaviours of any third parties with whom they do business.
High-volume data analysis made simple
Dealing with large, complex sets of data can be time-consuming and resource-intensive. At Control Risks, we make the process straightforward and manageable.
Our forensic data analytics team helps organisations analyse high volumes of financial, operational and transactional data to identify high-risk relationships and actions, conduct timely analyses, and implement protocols that reduce your risk and improve your internal controls.
Business insights, data visualisation and dashboarding services
Forensic Data Analytics help you make better business-critical decisions. With enhanced and centralised global reporting through intuitive and interactive visualisation dashboards, you can identify unexplored growth areas and pinpoint risk using your enterprise data.
We not only automate existing reports to reduce reliance on IT, but empower decision makers 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 acting.
Compliance monitoring experts for your needs
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 services
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.
Here are three techniques that will empower a mature, data-enabled compliance program to apply data analytics more effectively.
Read John Kim and Matt Reeder's advice in CEP Magazine on building a technology-and data analytics-enabled compliance program.
Membership is a tailored package of services including risk monitoring, crisis management, response services and investigations support.
Monitor risks, evaluate threats and pin-point opportunities. Access to incisive analysis and forecasting of geopolitical and security issues. Identify and forecast emerging events on a local and global scale.