Data Analytics

UpwardIQ enhances risk management with advanced data analytics and trend analysis of transactions, providing deeper insights into customer behaviour and the independent perspective needed to meet regulatory requirements.

As part of this review, UpwardIQ will

• Helps identify potential compliance risks by analysing patterns and trends in transactional and operational data.

• Detect anomalies and irregularities that may indicate compliance violations or fraudulent activities.

• Streamline the generation of compliance reports, ensuring accurate documentation and timely submission to regulatory bodies.

• Assess the effectiveness of their compliance programs by analysing key performance indicators (KPIs) related to compliance activities.

• Evaluate data,refine compliance strategies and enhance overall compliance effectiveness.