Anti-corruption compliance efforts are rarely, if ever, as easy as a-b-c. However, these endeavors would be much easier and more effective if more companies understood—and deployed—their ABCs.
“ABC” refers to anti-bribery and corruption analytics, which are statistical techniques that comb through massive amounts of data and sniff out unusual patterns, questionable transactions, and compliance risks buried deeply within organizational information systems. These analytics mine vast amounts of data via clustering, variance-detection, linguistic searches, and other techniques. When potential problems are detected, analytical tools issue automatic alerts calling for further investigation.
