Preventive analytics
Predict to prevent
The Deloitte Preventive Analytics solution analyses business problems and key control exceptions to identify the root causes that need to be addressed for prevention of both fraud and error. Built upon an advanced machine learning platform, it is ideal for situations that require highly personalized and customized outputs to curb any activity not in line with the business environment.
Traditional risk assessment and control failure detection mechanism are questioned constantly for benefits reaped by the business and its effectiveness in preventing control failures and fraud occurrences. The need of the hour is to leverage data applying powerful artificial intelligence algorithms to deliver preventive risk alerts. The quality of protection delivered through risk alerts services and suggested solutions (Root cause analysis) to the risk will be the most important differentiating factor and key to business success for robust control environment.
