Neotas, a portfolio company of Symvan's SEIS and EIS funds, announces a partnership with PwC UK, who will be using Neotas' advanced open source intelligence technology to enhance their integrity due diligence services.
The PwC UK Forensic Services team will use Neotas' ORCA Platform to power the next generation of their “RADAR” service offering.
What is RADAR?
RADAR from PwC is their integrity due diligence service offering where utilising Neotas’ cutting edge technology, they gather open source intelligence (OSINT) to identify, assess and report on financial, regulatory, compliance and reputational risks posed by third parties.
Now powered by the ORCA Platform, RADAR will rapidly interrogate 100% of available online data, including social media.
Using the Neotas technology, analysis will take place across multiple languages, connecting disparate data sources to cut through the noise and identify relevant risks only.
Moving Forward
Craig Fitzpatrick, Corporate Intelligence Director, Forensic Services at PwC on working with Neotas:
“Our partnership with Neotas gives our Intelligence team unrivalled access to cutting-edge open source intelligence technology, with the ability to analyse information from databases with over 198m corporate records, alongside 600bn+ archived web resources.
One of the biggest challenges in open source intelligence investigations and due diligence is identifying, harnessing and analysing the wealth of online information available and monitoring it for proactive risk management. Our collaboration with Neotas will enhance the comprehensiveness, speed and consistency of our integrity due diligence and open source intelligence service delivery for our clients.”
Neotas Director Ian Howard: “We are so proud to be embarking on this partnership with PwC, who are an iconic global organisation. Our groundbreaking technology will enhance PwC’s RADAR offering, enabling their clients to uncover risks that are left unseen using traditional due diligence methods.
We’re looking forward to working closely with Craig Fitzpatrick and his colleagues in the Forensic Services Team and are very excited for what the future holds working together.”
Find Out More
PwC’s Craig Fitzpatrick recently joined an expert panel for Neotas' latest webinar – The Power of Open Source Intelligence (OSINT) in the Fight Against Financial Crime. Find out more and download the full webinar here.