New digital risk models for tax and welfare agencies

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Note: This is a guest blog post by Vishal Marria, Senior Director in charge of the fraud & financial crime practice in EMEA at SAS. Technology has a crucial role to play in the drive to tackle tax evasion and welfare fraud & error. It is the lynchpin of a new approach to identifying and […]

Note: This is a guest blog post by Vishal Marria, Senior Director in charge of the fraud & financial crime practice in EMEA at SAS.


Technology has a crucial role to play in the drive to tackle tax evasion and welfare fraud & error. It is the lynchpin of a new approach to identifying and preventing under-reported income for tax purposes and overpayment of welfare benefits.

At SAS we’ve partnered with Capgemini to develop digital technologies and approaches designed to identify and stop fraudsters, prompt voluntary tax compliance, and speed up the payment of debt. We’ve brought these together in our new Trouve solution for tax and welfare agencies.

Trouve features tools enabling predictive analytics and the cross-matching of data, as well as new approaches to managing risk. These include upstream risking using deterministic and predictive models to suspend the processing of suspect applications, or to trigger additional compliance checks. Risk rules, anomaly detection and entity link analysis help agencies understand the characteristics of new types of fraud.

Currently few agencies apply risking as a core part of their upstream processing, such as at the point of application for a welfare benefit, or at the point of tax registration or filing. Digital is changing this.  For example, it allows the monitoring of online transactions and can identify suspicious activity, such as a tax re-payment that is out of sync with a person’s known profile.

Using the Trouve solution, agencies can take data from a wide range of sources to build a complete view of the citizen, with indicators of economic activities, assets and network relationships. This allows agencies to focus on identifying the ‘good guys’ – the compliant taxpayer or bone fide welfare claimant – in order to ‘green channel’ them and focus investigation efforts on the ‘bad guys’.
 
SAS technology and Capgemini’s business consulting and system integration capabilities are helping to deliver a step change reduction in tax evasion and welfare fraud & error. Find out how by checking our webpage: www.capgemini.com/trouve

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