Hewlett Packard Enterprise has announced the availability of HPE Investigative Analytics, a new hosted software solution that enables financial institutions and other highly regulated organizations to identify and analyse risk events, and take action to prevent them.

Financial institutions are under more regulatory pressure than ever before. According to a 2015 Morgan Stanley report, global financial institutions have paid $US260 billion in fines since 2009. Regulators are now on high-alert and new compliance guidelines and directives are being imposed on organizations every day. Failure to meet these regulations can result in significant material damage to the firm, in the form of multi-billion dollar fines and potential criminal prosecution. 

However, meeting compliance requirements and stopping fraud is no small task for today's global organisations. Financial institutions process billions of transactions and communications daily, producing massive volumes of information that lives in silos throughout the company. Legacy analytics software is incapable of understanding and recognising irregularities in data that is scattered across multiple data types.

To help protect organisations from this growing compliance crisis, HPE is introducing breakthrough technology that is purpose-built to help identify and stop fraudulent and non-compliant behaviour. HPE Investigative Analytics leverages HPE's software assets in archiving, compliance, and machine learning to automatically detect patterns and anomalies in structured and unstructured data, in order for an organisation to shut down bad behaviour before it becomes an issue.

"Keeping ahead of unethical and illegal activity is imperative for organisations of all sizes today in order to protect themselves from fines, sanctions and negative publicity that can materially affect shareholder value," said David Jones, Senior Vice President and General Manager, Information Management & Governance, Hewlett Packard Enterprise.

"With HPE Investigative Analytics, we have built on our strong heritage in compliance and analytics software to deliver a solution that analyses more data at a deeper level than alternatives to deliver the greatest amount of insurance possible to our customers."

HPE Investigative Analytics brings together HPE Digital Safe, HPE Supervisor, HPE IDOL and HPE Vertica to automatically detect patterns and anomalies by analysing both structured (e.g. trading systems, risk systems, pricing systems, directories, HR systems, etc.) and unstructured data (e.g. voice, chat, email). 

It enriches information from disparate data sources (i.e. email, IM and voice archives, etc.) as well as structured data from trading, risk, market, and surveillance systems to provide a single view across both structured and unstructured information -- regardless of source.

HPE Investigative Analytics is a hosted offering available directly from Hewlett Packard Enterprise, and also with select partners.