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MindBridge introduces data anomaly detection for audit and finance

MindBridge, a provider of cloud-first AI financial risk discovery and anomaly detection software, is releasing the latest version of its platform, improving transparency, speed, and scale for financial professionals.

"MindBridge helps ensure that organizations conduct their financial transactions in an ethical and transparent manner by surfacing potential financial irregularities and thereby reducing risk,” said Robin Grosset, CTO of MindBridge. “MindBridge is proud to have delivered another strong release introducing several significant product enhancements within our platform to help organizations continue to benefit from MindBridge and our next-gen capabilities."

New financial data workflow capabilities show how this release will make integrating MindBridge into an organization's approach easier, according to the vendor.

MindBridge helps create more consistent practical analyses at scale and builds upon the time savings and ROI that customers receive with MindBridge. Newest features include

  • Three new financial algorithm analytics tests. MindBridge enables new insights using prior period comparisons with new visualizations to review and assess current and past performance.
  • Further flexibility with new configurable risk scores to help assess account-specific risks and enhance audit sampling and insights.
  • Expanded performance for even larger data sets, improving its user experience and leading data anomaly and risk detection capabilities.

"With people, process, and data transformation at the helm of every business, this latest release helps MindBridge further extend our commitment to our customers with transparent and scalable financial analytics," said Melissa Chan, CPA, director of customer success at MindBridge.

MindBridge's newest data anomaly detection allows firms and enterprises to step up their adoption of cutting-edge business-focused technology to become leaders in innovation within their service domains and industries.

All MindBridge capabilities will be generally available for customers in early June.

For more information about this news, visit www.mindbridge.ai.

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