CRA Insights

Hidden in plain sight: Demystifying the role of data analytics in investigations

April 21, 2021
AI data

We have reached an inflection point in the evolution of technology in the legal and regulatory space whereby relationships between individuals, entities, and even devices have become the focal point of investigative data analytics. These evolving trends provide an opportunity to draw insights from third parties, financial transactions, and social media networks.

As the underlying technology constantly evolves, and our next generation of professionals are more skillfully equipped—including regulators, forensic accountants and attorneys—analytics will continue to disrupt the legal industry for years to come, albeit with increased acceptance and understanding.

In this Insights, Kenneth Feinstein discusses the historical significance of data analytics, its use as an investigative tool, and how the growth in data volume and disparate operational and financial accounting systems has transformed the investigative process.