In a recent buyer case study, IDC examines the use of the Anzo Smart Data Platform by PricewaterhouseCoopers (PWC) in a sophisticated new class of financial Risk and Compliance solutions.
Catching today's tech-savvy insider traders requires more than simple search on a single source of data. Compliance analysts must look across dozens of information sources, from trading systems to email, chat, news stories, watch lists and more. They need to filter out the noise, identify real alerts and to quickly investigate risky patterns. They need to follow non-predetermined paths through the network of connected people and content to build a holistic picture of the issue.
When PWC realized that existing solutions were too inflexible to meet these needs, they identified their key requirements and then looked to the marketplace for emerging solutions with these capabilities. They were seeking tools to:
These requirements led them to Cambridge Semantics and the Anzo Smart Data Platform. The Anzo Smart Data Platform is a graph-based data discovery and analytics platform, built on a modern, open services architecture. It provides a set of capablities using semantics models and standards, to rapidly configure data centric, self-service business solutions.
PWC was able to rapidly deliver value for their clients by configuring Anzo with their own trade investigation and analytic models and techniques. Going forwards, PWC sees applications for Anzo in Anti-Money Laundering, Adverse Media and other Risk and Compliance use cases.
IDC has published a paper documenting the success of this approach: PricewaterhouseCoopers Helps Clients Manage Financial Risk and Compliance with Cambridge Semantics' Anzo Smart Data Platform
You can get your copy here.