ITI 220 [Section 09] [F15] [10/28/15] [Jeremy Gonzalo] [ICP Final Report]

My IT professional clients name is Keith Lee, who actually is a recent graduate of

Rutgers Universitys Information Technology and Informatics program. Keith works for a New
York-based major mass media and information, Thomson Reuters. Thomson Reuters, actually, is
known as (as quoted on their website) the worlds leading source of intelligent for businesses
and professionals. The firm helps businesses and professionals make specific decisions in four
separate divisions: financial risk, legal, scientific, and tax & accounting. Keith works for the
Financial Risk department, a department that deals with financial risk, fraud, and compliance.
The supposed goal of this department is to streamline the onboarding process of customers as per
the regulations set by governmental and other regulatory bodies. Within Thomson Reuters,
Keiths position is a technology consultant, and his job is to provide the technical knowledge for
large contracts with international financial institutions, acting as a technical liaison and has other
tasks that include running queries, debugging, and troubleshoot issues with proprietary software.
The big thing to note here is that Keith works with certain financial institutions so he could
advise them on certain technical aspects on business decisions, and has an understanding on
troubleshooting computers so he can provide the information between two separate teams within
his department.
As for my IT professionals information need, I can definitely say that I succeeded in
locating relevant and reputable information sources for the IT professionals information need.
As a recap, since my IT professional works in the financial risk department, Keith asked me to
research how to utilize technology to minimize financial risk in regards to fraud. The
bibliography did need editing after evaluation from the grader, however, after editing, I did find a
lot of good information that my IT professional will need. Up to this point, I have found multiple
articles about financial fraud itself, how different companies combat fraud through technology,

ITI 220 [Section 09] [F15] [10/28/15] [Jeremy Gonzalo] [ICP Final Report]
and how companies teach their consumers to avoid fraud and other financial crimes.
Specifically
-

Using a visualization technique called the Self-Organizing Map to detect fraud.

Using filtering techniques to detect fraud.
Traditional statistical methods used to detect fraud
Ways financial institutions could use fraud management to combat fraud.
A framework called the MetaFraud framework used to detect and combat fraud.
A modeling language called FFML that supports analysts development of fraud

management policies.
Different types of financial crime, such as money laundering and bank fraud.