Funding Competition: Innovate UK Smart Grants
Company Sector: AI, Digital & Data
Project Duration: 18 Months
Funding Secured: £500k
Synalogik’s project combines real-time identification, detection and evidencing of Organised Crime Groups who target central and local Government departments in order to commit procurement fraud. Deployment of automated data analytic technology to create a global gold standard in the fight against domestic and international fraud. The grant-funded project will merge OCG financial and behavioural methodology with an automated enhanced anti-fraud platform. Creation of an international eco-system to coordinate OCG risk assessment experience in order to challenge and prevent OCG fraudulent activity perpetrated in the UK and internationally. For the first time, organised crime groups will be deterred from operating against central Government departments and local government authorities due to an automated process that evaluates their activity.
“The success of our Innovate UK (Smart Grant) funding application can be shared with Granted Consultancy. The consummate professionalism, diligence, and devotion to our unique application were commendable throughout the whole process.”– Synalogik Innovative Solutions Ltd.
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