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RAPPORT

How can you disrupt risk in an era of digital transformation?

Global Forensic Data Analytics Survey 2018

In this report, we look at the ?ndings from our latest Global Forensic Data Analytics Survey. We have analyzed the responses of some 745 executives globally who generously shared their perspectives. Through this analysis, we can see speci?c ways in which companies can measurably improve their legal, compliance and fraud risk programs, as well as the maturity level of their FDA capabilities. It is an exciting time for companies as digital transformation creates new opportunities. Arti?cial intelligence, robotic process automation and advanced data analytics are just some of the new possibilities being explored.

However, a growing digital footprint comes with additional risks. Two risks come into sharp focus in this survey: 1) regulatory compliance, 2) data protection and data privacy. We heard from companies around the world that expressed growing concern in these areas and identi? ed real challenges to overcome. This year’s Global Forensic Data Analytics Survey ?ndings show that this is where FDA has a vital role to play.

Five key themes emerging from this year’s survey are:

1. We are in an era of rapid FDA advancements, particularly in arti?cial intelligence, machine learning and automation.
2. Technology advancements require specialized skill sets for deeper insights.
3. Aggregating data from disparate sources is complex yet essential and requires energetic leadership support.
4. Data privacy has become one of the most vexing risk areas and further complicates cross-jurisdictional compliance.
5. Businesses are using the power of FDA to transform their risk functions in a way that was never previously possible.

We hope this report helps businesses understand the value of FDA and how it can mitigate risks while increasing business transparency. In addition, by learning from the responses, businesses can benchmark their FDA maturity and deploy FDA in a manner that is fully integrated and provides the best return on investment. We would like to thank all of the respondents for taking the time to participate in this survey and for their valuable contributions, observations and insights.

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