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INDUSTRY | FINANCIAL SERVICES

The client was one of the leading forensic advisory services stationed in more than 35 countries worldwide.

CHALLENGE

The client wanted to develop an application to analyze large data sets to find any irregularities in financial transactions, and it should optimize and automate daily tasks so that they can improve their efficiency.

Solution

We developed a fraud anomaly detection tool that could efficiently analyze large data sets to uncover hidden irregularities in financial transactions like payroll data. The anomaly detection tool is now deployed in more than 35 countries and now values around $0.5 million.

IMPACT

Millennium helped the client implement an anomaly detection tool that now allows the forensic advisory service to efficiently analyze enterprise data such as payroll data, 24x7, without any human assistance.