Research

Fighting Money Laundering with Intelligent Automation

By Christopher Ghenne, Beth Herron, David Stewart, Robert Morison, Feb 08, 2021

The world of money laundering and other financial crimes – and they do span the globe – continues to reshape rapidly. The amount of money laundered is estimated at between 2 and 5 percent of global GDP. The midpoint of that range has over $3 trillion in illicit funds moving annually through the financial services industry. That’s several million dollars a minute. If the money laundering “industry” were a country, it would have the fourth or fifth largest GDP in the world…Today, continuous and sometimes radical improvement has become a business imperative. Institutions must rethink and accelerate their processes, become both more efficient and more nimble, and react faster to the changing schemes of financial crime.

Read More »

Inquiry Response: A Case Against Lift-And-Shift Migration To Cloud

Feb 01, 2021

Available to Research & Advisory Network Clients Only

Inquiry:

To achieve cost optimizations, we’re about to migrate to the cloud using a lift-and-shift method. This seems to be the easiest way for us to make the move. What do you think?

Read More »

Value and Opportunity: An Executive Guide to Procurement Integrity

By JEN DUNHAM, Laurent Colombant, Robert Morison, Jan 13, 2021

Procurement Integrity (PI) represents a broader problem and bigger opportunity than most businesses recognize. Comprehensive PI programs continuously validate purchasing transactions, using data and analytics to trace patterns, spot anomalies, and reduce fraud, waste, and abuse. The problems uncovered range from occasional opportunistic fraud to ongoing organized fraud, from duplicate invoices and other improper payments to regular kickbacks, from conflicts of interest to ongoing collusion with suppliers. Continuous monitoring of anomalies in procurement and supplier due diligence processes reveal potential problems, including data issues and process breaches, and help focus the efforts of audit and other investigative staff.

Read More »

IIA Inquiry Response: The Challenge With SAP

Jan 11, 2021

Available to Research & Advisory Network Clients Only

Inquiry:

We’re transitioning from on-premises ETL to cloud ELP with Azure. We also transformed our analytics data platform to Snowflake. We’re wondering about a few things: data injection, whether to stick with Python coding, and, most importantly, how to deal with our SAP-heavy ERP footprint.

Read More »

Inquiry Response: Preparing IoT Data For Advanced Analytics

Dec 14, 2020

Available to Research & Advisory Network Clients Only

Inquiry:

We’re in the process of gathering our IoT data into an enterprise data lake to facilitate our advanced analytics efforts. Our main challenges are dealing with proprietary file formats and getting the data ready for the data science team. What would you suggest?

Read More »

Inquiry Response: Bridging The Gap Between Analytics And Traditional IT

By Mo Chaara, Nov 30, 2020

Available to Research & Advisory Network Clients Only

Inquiry:

Our analytics organization is in a bind because we’re ready to scale up a proof-of-concept, but we don’t have the IT structure in place to help with the data mapping, cleansing, and conforming. What can we do?

Read More »

Inquiry Response: Uniting Analytics And Technology Partners

Nov 16, 2020

Available to Research & Advisory Network Clients Only

Inquiry:

The analytics team and IT partners team just merged and we’re running into a number of challenges. We have different definitions of what it means to put thing into production, and we’re not communicating cleanly with the business stakeholders. How can we make this work?

Read More »

Inquiry Response: Working Towards Machine Learning Products with MLOps

Sep 28, 2020

Available to Research & Advisory Network Clients Only

Inquiry:

As we work towards our goal of deploying more machine learning (ML) models into production, how do we position our MLOps needs to the organization? What needs to happen for MLOps to be successful?

Read More »

Inquiry Response: Making The Case For A Data Catalogue

Sep 21, 2020

Available to Research & Advisory Network Clients Only

Inquiry:

We’re considering buying a data catalog but struggle with the value proposition. What’s the best way to build a business case around purchasing a data catalog? Which vendors should we look at? For implementation, what are we looking at from a time-work effort standpoint?

Read More »

Inquiry Response: Working Alongside Agile Teams

By Michael Bewley, Aug 17, 2020

Available to Research & Advisory Network Clients Only

Inquiry:

Our data science team works alongside a strict Agile data engineering team and we’re finding collaboration to be difficult. Do you have any suggestions?

Read More »