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Tenfell
Awarded contract
Published 02 Mar 2020

Fraud Error and Debt - Optical Character Recognition Solution

Department for Work and Pensions · London

Key facts

Contract value
£79,731
Awarded
28 Feb 2020
Contract starts
02 Mar 2020
Contract ends
31 Mar 2020
Procedure
Call-off from a framework agreement (framework)
Buyer type
Central government

Awarded to

SupplierValue
Demarq£79,731

Description

The current Altia application has 2 separate tools. The first is an Optical Character Recognition (OCR) tool, the second is an Analysis tool. These tools are used by SOC FIU and analysts to support them in the analysis of large volumes of financial data/bank statements in order to assist and progress their investigations. Some of the functionality this software assists with include, Identifying criminality, identifying patterns and trends in the activity of organised criminal gangs, double counting activity. Without this software the only other option would be to manually input the data into Microsoft Excel, this process could take several days/weeks to input. This contract will be for the development of a replacement bespoke Optical Character Recognition (OCR) Solution.

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