Money laundering

Money laundering

Type of document       Case Study

3 Pages Double Spaced

Subject area     Management

Academic Level            Master

Style    APA

References      3

Order description:

This final project is based on the following Harvard Business case study:

Khachatryan, D. (2014). Amarcord Incorporated: Combating money-laundering using data analytics. HBS No. BAB260. Boston, MA: Harvard Business Publishing. Retrieved from https://cb.hbsp.harvard.edu/cbmp/pl/78589055/78589059/02313e4498a1a45b13d1f991c94f1f65

Assume your client accepted your urgent business proposal to design a data-driven approach to effectively accomplish the goal of fraud detection in financial institutions. Data analytics for fraud detection in financial institutions is the strategic management vision of Amarcord Incorporated, Chief Compliance Officer. You will work in teams based on the average or aggregate monthly incoming wire transfer of $500,000 for a swimwear chain considered highly unusual by business analysts for that business chain. In other words, it is impossible for a business chain of that size to earn such a high monthly revenue.

This project is not a presentation as the case indicates. It will be submitted as a written team report.

1.Explanation of the nature and structure of the received data (i.e., the average monthly revenue of $500,000),

  1. how data inconsistencies can be resolved.
  2. Do you agree or disagree with the business analysts that the aggregate monthly revenue of swimwear is three times higher than the industry average? Justify your position.