|By PR Newswire||
|January 24, 2013 05:15 AM EST||
-- Guidepost Solutions introduces GPS Insight: Investigation™ to gather, aggregate and simplify evaluation of data for monitoring and analysis
NEW YORK and LONDON, Jan. 24, 2013 /PRNewswire/ -- Guidepost Solutions, LLC (www.guidepostsolutions.com) today released its GPS Insight: Investigation™ data platform and solution. This is the first in a series of technology solutions developed by Guidepost Solutions and FusionExperience, a leading UK-based business and technology services company.
"GPS Insight,™ as demonstrated recently at the 'Economic Crime - Threats and Responses Conference' in London, is a game-changing new data platform that will have a global impact on investigation, intelligence gathering, and corporate integrity and project monitoring services by providing a pro-active use of all forms of data, whether from digital, paper, or online sources," said Joseph Jaffe, Senior Managing Director of Guidepost Solutions Ltd. "We can use the GPS Insight™ platform across multiple industries or databases to rapidly gather, index and correlate vast amounts of information and create a knowledge base that provides comprehensible data in a visual format."
"What used to take months now takes hours," noted John V. F. Brennan, Senior Managing Director of Guidepost Solutions, Ltd. "GPS Insight™ is already dramatically improving our ongoing investigations and lowering the cost to our clients. This unique marriage of intelligence and technology significantly impacts the speed and efficiency in which investigations and monitoring can be carried out."
"Regulators and prosecutors are paying increasing attention to activities implicating the US Foreign Corrupt Practices Act, the US Securities and Exchange Commission Regulations, the UK Bribery Act and FSA Administered Regulations, and the OECD Conventions," said Bart M. Schwartz, Chair of Guidepost Solutions, LLC. "This requires publicly and privately-held companies worldwide to cost-effectively and efficiently self-regulate, investigate and monitor the conduct of their systems, employees and agents, and this pressure to self-regulate and remediate has cried out for a cost-effective technology solution such as GPS Insight: Investigation™."
GPS Insight™ will be very effective in minimizing the risk of fraud, waste and abuse in a wide variety of industries and will assist with construction and other types of project and corporate integrity monitoring. The GPS Insight™ platform provides enterprise- and industry-wide solutions to meet regulatory and compliance challenges. For complex internal investigations, worldwide entity oversight, or pro-active monitoring, control of huge amounts of data is now available instantaneously with GPS Insight: Investigation™.
A key to GPS Insight's™ effectiveness is its simplicity. Its "two click" technology allows the platform to take in any type of digital information electronically and scan paper records as well. It then automatically indexes each word. Jaffe notes: "The platform 'visualizes' the data in a way that simplifies the complexity of huge amounts of data and is remarkably agile. It can focus on any object or entity and identify every relationship connected to that object or entity by instantly illustrating it on a chart with varying levels of data. This enables compliance professionals, monitors, investigators and analysts to discover important and relevant information contained in a variety of information assets. "
About Guidepost Solutions: Guidepost Solutions Ltd, serving the EMEA Region, is a wholly owned subsidiary of Guidepost Solutions LLC, one of three principal operating units of SolutionPoint International, Inc., a leading provider of business intelligence, security and compliance, monitoring, identity assurance and situational awareness solutions to the financial, government and institutional sectors.
Guidepost personnel have been engaged by many of the world's leading corporations, financial institutions and law firms as well as institutions and governmental agencies to undertake complex enquiries, obtain intelligence and provide leverage through their contacts to achieve successful criminal or civil proceedings, as well as the recovery of assets on a global basis and their ability to review, establish, roll out, and monitor programs that ensure UK Bribery Act and Foreign Corrupt Practices Act and other legal and regulatory compliance are adhered to, as well as investigate issues arising from these cases.
About FusionExperience: FusionExperience is an innovative business and technology services company. We fuse our deep domain expertise in the investment, insurance, telecommunications and complementary markets internationally, with technology from our group companies and industry leading partners to build platforms and applications to meet specific business needs. Our purpose is to add value to every one of our client's businesses through services and solutions. We operate across multiple sectors, working fast and smart in a world where time is the scarcest resource.
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