Data Analytics Services

Data quality, siloed systems, and the ever-evolving tactics of criminals make effective data analysis a constant battle.

Firms need to break down these silos to get a complete view of customer activity and identify hidden patterns that might indicate financial crimes.

Plenitude’s Data Analytics services can help you successfully navigate these challenges. We deliver best-in-class solutions to tackle the complex analytical issues faced by First and Second Line of Defence teams in meeting FCC obligations: we provide impactful analysis and insights, and support data-driven decision-making using cutting-edge AI and machine learning solutions.

Our tech-enabled delivery and tools have been developed and tested over multiple engagements, and fully incorporate industry regulations, guidance and best practice, enabling our clients to meet their FCC obligations effectively and efficiently.

Select examples of our services include:

Business-Wide Risk Assessment
- Powerful views on inherent risk, control
  effectiveness and residual risk
- Dynamic, flexible information
  gathering tools
- Interactive reporting solutions, MI and
  reporting dashboard
Name and Transaction Screening
- Quantitative measures and benchmarks on your screening effectiveness across 80+ scenarios and peers
- Deep analytics on list and hit data to identify false positives reduction solutions
- Insights of effective spike reduction practices and root causes across large alert volumes
- Data-driven practices to safeguard your screening effectiveness through complex changes (e.g. system upgrade)
- End-to-end lineage mapping to identify data completeness and control gaps
Customer Risk Assessment
- AI-powered analysis of millions of potential risk rating configurations
- Optimisation and implementation of risk
  rating models
- Innovative proprietary toolkits
- High-quality analysis and insights
Transaction Monitoring
- Statistical analysis and graph capabilities to identify new monitoring thresholds aligned to your control and operational needs
- Data analytics capabilities to identify areas that reduce your monitoring effectiveness for enhancement, including overlapping of rules, monitoring gaps, data quality and completeness enhancements
- Provide deep data expertise in building
  internal benchmark or KPI tooling for
  Model Validation

Benefits and Outcomes Delivered

We empower regulated firms like yours to:

Turn data into actionable insights

Harness the power of advanced analytics to extract valuable intelligence from vast data sets. Identify hidden patterns, predict suspicious activity, and focus your resources on real threats.
Reduce false positives and negatives

Our data quality solutions ensure accuracy and consistency, eliminating the noise and pinpointing true red flags. Focus your compliance efforts where they matter most, reducing overall costs.
Stay ahead of the curve

Our team of experts keeps you updated on evolving financial crime trends and regulatory changes. We adapt your analytics strategy to address new threats and ensure ongoing compliance.
Simplify reporting

Generate comprehensive and compliant reports with ease. Meet regulatory demands with confidence, saving you time and resources.
Optimize your resources

Focus your teams on high-risk cases, not manual data sifting. Improve efficiency and free your staff to tackle complex investigations.