Fraud and Financial Crime
AI-powered solutions for fraud prevention and financial crime compliance
bigspark is a trusted consulting partner for major financial institutions, helping them tackle fraud and financial crime with cutting-edge data engineering and AI. We combine deep domain expertise with proven technology to reduce risk, ensure compliance, and protect your customers.
Book a ConsultationWhy Choose bigspark
- Expert Team — Deep financial crime expertise spanning KYC/KYB, sanctions screening, fraud prevention and transaction monitoring.
- AI-Powered Solutions — We leverage cutting-edge generative AI technology to liberate your analysts and enable high-value work.
- Generative AI Centre of Excellence — Our dedicated centre drives innovation and best practice across fraud and compliance use cases.
- Proven Track Record — Experienced engineers who translate complex data challenges into tangible business outcomes for leading financial institutions.
Our Products for Financial Crime
One stack, built on a shared foundation of authoritative UK registers — resolve, verify, investigate and decide.
- SparkScan — Resolve & enrich. Consolidates customer and counterparty records against authoritative registers (Companies House, FCA) into a single, trusted view.
- BenScan — Look up & score (beneficiary risk profiling; in active development). Matches a payee/beneficiary name to the closest regulated entity and quantifies risk from explainable signals drawn from offline Companies House and FCA data.
- Kai — Investigate. Our AI-powered KYC investigator, decreasing analyst workload while improving accuracy across onboarding and ongoing monitoring.
- Fraud Autoinvestigate — Investigate & decide. Automated, event-triggerable fraud investigation across connected data sources, with phase gates and a traceable evidence trail.
Real-World Impact
We collaborate with financial institutions across banking, insurance, and wealth management to reduce false positives, accelerate investigations, and meet regulatory requirements. Our solutions are built to integrate with existing systems and scale with your business.
A Specialist Partner in Fraud and Financial Crime
bigspark works alongside compliance teams, fraud analysts, and risk functions to deliver AI and data solutions that make a real difference. We understand the regulatory landscape, the pressure on analyst teams, and the need for explainable, auditable decisions.
How our products work together
Our financial-crime products aren’t four separate tools — they’re one stack built on a shared foundation of authoritative UK registers: Companies House and the FCA Financial Services Register, held as an offline, query-ready corpus and cross-referenced (FCA firm records carry the Companies House number). Each product adds a layer:
- The data foundation — a curated, offline copy of Companies House and the FCA register, kept consistent and query-ready, so every product above reasons over the same trusted source.
- SparkScan — resolve & enrich. Consolidates and resolves customer and counterparty records against those registers into a single, trusted view. Know exactly who you’re dealing with.
- BenScan — look up & score. Our beneficiary risk profiling product takes a payee or beneficiary name, finds the closest regulated entity, and quantifies risk from a series of explainable signals drawn from the register data — company status and age, ownership opacity, regulatory authorisation, and name-similarity. An exact match to a healthy, authorised entity is a trust signal; a close-but-not-exact match is an impersonation risk.
- Kai & Fraud Autoinvestigate — investigate & decide. Kai runs KYC investigations and Fraud Autoinvestigate runs automated, event-triggered fraud cases — both consuming the resolved entities and risk signals above, so an investigation starts from evidence rather than a blank screen.
The through-line is one flow: shared register data → resolve & enrich → verify & score the beneficiary → investigate & decide — and every step is explainable and auditable, which is exactly what regulated financial-crime work demands.
Our Approach
- Measure and Diagnose — Assess current capabilities, understand risk exposure, and identify where AI can deliver the greatest impact.
- Prove and Validate — Implement advanced analytic tools using Gen AI and machine learning to bring operational efficiencies to your fraud and financial crime processes.
- Scale and Optimise — Transition to AI and data-driven operations ensuring consistent regulatory compliance and continuous improvement.
CBM Assessment
Our Crime and Business Model (CBM) Assessment gives you a structured view of your fraud and financial crime exposure, helping you prioritise investments and demonstrate a risk-based approach to regulators.
Awards and Honours
