Accuracy partner Rick Barker on the value of forensic technology

18 May 2018 Consultancy.eu

Rick Barker is a Partner of Accuracy in Italy and Head of the firm’s Forensic Technology Lab in Milan. He explains the basics of forensic technology and why companies would benefit from turning to the technology for answers. 

So what is forensic technology exactly?

Forensic technology is by no means a new development. In recent years however, the service has rapidly gained ground in Europe’s corporate and legal landscape. The approach helps organsiations with extrapolating and managing big data in order to support decision-making. 

Traditionally, forensic technology was used exclusively by law enforcement agencies in order to identify, recover and understand ‘hidden’ evidence on computers, mobile phones or for hacking servers. In this context, I gained my first experience as a police officer in Australia, after having obtained a degree in computer science. I worked as a detective in the Police’s cybercrime division, leveraging forensic technology to support investigations on homicides, sexual crimes, drug trafficking and fraud. 

 Quote Rick Barker, Accuracy

In the corporate world, forensic technology is mainly used as a tool to combat fraud, corruption, regulation and litigation. It allows investigators to find electronic evidence in documents, e-mails, and other communications such as chats, financial and commercial records and voice recordings. The methodology can also be used to identify the (digital) accountables of certain actions: who has destroyed data, who has stolen (intellectual property), who has hacked and so on.

Who is this service for?

Companies often have to defend themselves against accusations or threats. At Accuracy, we assist local, national and international companies that face fraud, corruption, litigation, security threats, antitrust issues, regulatory violations, joint-venture disputes, labour law issues, competition violations, financial difficulties and much more. Generally, large companies that are regulated or operate in developing countries face the largest risks – however, no company is immune to such challenges. Forensic technology can therefore also be applied for smaller disputes at small and midsized companies.

Rick Barker joined Accuracy in the summer of 2017 and was appointed a Partner in January this year. He previously led the Forensic Technology of Deloitte in the Middle East and worked several years for EY.

Profile

Working as a young professional at ACE Company

19 April 2019 Consultancy.eu

Janco Jordaan joined boutique consulting firm ACE Company seven months ago. The young professional reflects on the highlights of life with his new employer, as well as what he has learned since arriving at ACE.

ACE Company is a boutique consulting firm from the Netherlands that focuses on regulatory change in the financial services industry. The firm’s clients typically are financial institutions such as banks, insurance companies, asset managers and pension funds, as well as regulators and supervisors. Having enjoyed growing demand, the firm has been on a recruitment drive in recent months.

Having spent five years in the legal sector, Janco Jordaan decided that the time was right for a new challenge in consulting. He joined ACE as a Junior Consultant, driven by a desire to broaden his business knowledge. “ACE’s area of expertise – implementing regulatory change in the financial sector – promises for an exciting challenge, which I am definitely up for. I wanted to surround myself with experts; ACE was a perfect fit in this regard.”Working as a young professional at ACE CompanyDuring his first seven months, Jordaan, who holds a Master’s degree in International Business Law, has mainly been focused in the banking sector, working on analysis enabling a cross-domain understanding on the planning and maturity of regulatory topics throughout the bank. His work takes place at a time when regulatory change has grown into one of bank’s top strategic focus areas for the coming years. Amid a growingly complex landscape, and in a bid to curb reputational and operations risks, getting compliance right has elevated itself into a boardroom topic – the recent media attack on ING on the back of its AML blunder demonstrated just how important scrutiny can be.

Asked how he is able to keep his knowledge up to speed in order to operate at the forefront of change, he pointed to the full-fledged support from the team. “The seniority and diversity of ACE’s team means that there is a great deal to be learned from team members.” He added, “ACE embraces diversity. This means we have a team with all sort of different backgrounds e.g. different cultures and various career paths.”

Training on the job and a fixed curriculum for training ensures that knowledge and capacities are lined up with client demands. Jordaan: “We also have internal projects and knowledge sharing initiatives to ensure up to date knowledge. And every Friday, ACE organises a team meeting focused on knowledge transfer and team-building.”  

According to Jordaan, one of the best things about working at ACE however is the firm’s open culture. “To me the culture at ACE is best described by the words: balanced, sophisticated and real.”