Forensic Risk Alliance

Firm Overview:

Since 1999, Forensic Risk Alliance (FRA) – an international consultancy that combines deep forensic accounting, regulatory and investigative experience with cutting edge data mining technology – has positioned global businesses for success as they navigate investigations, disputes and compliance challenges.

With 12 locations and datacenters across the world, we have extensive cross-sector and cross-border experience and scalability anywhere in the world, harnessing the right mix of collaborative expertise for clients in both developed economies and emerging markets.

We are regularly hired to provide expertise on some of the world’s largest and high-stakes compliance matters in fraud, bribery, corruption, financial crime, sanctions, ESG, audit and accounting malpractice, and corporate transactions.

Why FRA? 

FRA are trusted and experienced advisers to global corporations and their counsel, consistently recommended for our ability to go the extra mile.

Bespoke Services and Solutions– We deliver best-in-class services and tailored solutions for complex and highly sensitive matters, including the innovative use of data management and analytics to effectively address the needs of our clients.

Highly skilled Specialists– Our diverse team of 200+ experts, speaking 30+ languages, are highly skilled financial, technological and governance specialists with first-hand experience in multi-jurisdictional investigations and enforcement matters.

One Global Team– Having worked in 100+ countries, we deploy our multi-competency teams globally to work with counsel, corporations and government authorities to develop and execute our services and solutions.

Our Services and Solutions 

Each of our client engagements benefits from a tailored team of experts and integrated data capabilities from across our core solutions and global teams.

Investigations 

We partner with firms and their lawyers to provide truly independent and objective analysis and recommendations that are integral to mitigate risk and formulate an effective response. As a global leader in this area, we have a track record of success in some of the most high-profile investigations of the past two decades. We are experts in analysing large, complex transactional data sets, with experience working on projects encompassing decades of data and transactions.

Whether internal or regulatory investigations, FRA provides expert guidance throughout the lifecycle of an investigation, helping clients understand their biggest risk areas and providing trusted guidance to minimise future exposure.Our specialist penalty and disgorgement calculations skills are market-leading in providing empirical, robust and defensible analysis, which has stood up to the scrutiny of regulators around the world.

Monitorships  

We have served as an independent monitor and also supported monitors appointed by the US Department of Justice (DOJ), US Securities & Exchange Commission (SEC), Public Company Accounting Oversight Board (PCAOB) and New York Department of Financial Services (NYDFS) on a number of matters.We have been involved in monitorships related to anti-bribery and corruption (ABC), anti-money laundering (AML), Office of Foreign Assets Control (OFAC) sanctions violations, fraud, and PCAOB accounting and auditing standards.

We have also assisted clients operating under Deferred Prosecution Agreements (DPAs) in preparing for and interacting with compliance monitors. In this capacity, we have been responsible for the assessment, design and/or monitoring of compliance policies and procedures.

Disputes  

Organisations are increasingly facing complex disputes and litigation on multiple fronts that demand customised responses. Our independent, multi-disciplinary experts have the experience and deep expertise to help our clients get the best outcome, while minimising risk and reputational damage.

Our seasoned team have assisted client and their legal teams in a wide variety of disputes, delivering insights and credible analysis at different stages of the dispute lifecycle:

·Expert services and testimony 

·International arbitration support 

·Class Actions support 

·Litigation consulting 

·Quantum, damage calculation, event studies 

Advisory  

Known and respected by international regulators as leading practitioners, we are regularly trusted to provide compliance expertise for targeted, holistic or global matters.The foundation of FRA’s approach is our expertise in forensic accounting, data governance, regulatory readiness support, and investigations.

We have developed a bespoke compliance program framework, mapped against all leading international benchmarks and independently verified, to support the design or improvement of compliance programs, including third party due diligence procedures, internal financial controls and system effectiveness testing.

We provide recommendations that are practical and implementable; meeting obligations while also balancing businesses imperatives and economic considerations. Our approach factors in industry, geography and business risks that are tailored to our client’s needs and weighing the concerns of relevant stakeholders.