It’s been almost a year since the General Data Protection Regulation (GDPR) came into force. Under this law, companies, including banks, are required to protect their customers’ data. Obviously, banks...
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About BusinessForensics
The team at BusinessForensics consists of consultants, architects and developers with offices in The Hague and Singapore, and has been offering software and know-how for monitoring and managing compliance and integrity risks since 1998, amongst which are financial and economic crime risks.
The product suite BusinessForensics
The product suite, consisting of CRAFT, CORE and CASE enables the detection of financial economic crime risks at an early stage and to take measures immediately. The big data processing platform includes real-time (big) data analysis of network transactions, forensic analysis, fraud management and machine learning.
HQ CRAFT
With the CRAFT module your organisation can monitor all data and transactions in real-time, detecting unknown risks at an early stage. With complex event processing multiple transaction lines are combined into one event. Machine learning ensures the self learning or training of algorithms.
HQ CORE
The CORE module is the core of the application and contains all basic functionalities. Also, CORE has the management- and configuration environment where workflow, rules and models are configured. The module performs network analyses, produces statistics and investigates large heterogenic files.
HQ CASE
CASE is a user-friendly web application that supports the full process of reporting, escalation and sanctioning using an entity driven workflow. This enables all the users to easily work with the HQ products. With eDiscovery the results of the investigation are connected and client data are enriched.
Industries
Our name BusinessForensics comes from the ambition to help organisations and companies (banks & insurance companies, retail, energy etc.) to better protect themselves against financial economic crime risks by providing them with inventive forensic software. Our solution supports the full fraud management process from detection (CRAFT), prioritising (CORE) to processing (CASE).
Finance Industry
BusinessForensics assists financial institutions (banks and insurance companies) to configure their risk management of compliance, fraud and integrity risks in a preventive way with the use of inventive software solutions.
Retail
BusinessForensics assists companies in the retail industry to configure their risk management of cybercrime and financial economic crime in a preventive way with the use of inventive software solutions.
Energy
BusinessForensics assists companies in the Energy industry to configure their risk management of financial economic crime in a preventive way with the use of inventive software, thus preventing financial and reputational damage.
Client cases
NIBC’s Department of Security Affairs was founded by Vinodh in 2005. It was an innovative solution to what then was a growing problem for the bank. NIBC was receiving an...
"BusinessForensics is a pleasant vendor to work with and their software is great." Jorik Koper - Sr. Fraud Coordinator at KNAB In 2012 KNAB was founded as a label of Aegon...
For a number of banks BusinessForensics has configured the routines for monitoring the prevention and detection of FEC risks, including risks in money laundering, fraud and financing terrorism. All monitoring…
Our clients
Blog & News
The latest news from BusinessForensics and relevant blog posts.
Banks and IT’s relationship status: It’s complicated. Through the years they’ve managed to coexist, but if they want it to work out over the long term, they both need to...
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In an increasingly globalized and automated world, the demand for real-time payment processing or the ability to handle instant payments—is growing ever larger. Many clearinghouses have already set up real-time...
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