Modelling of Analytical Function in the Financial Knowledge Discovery Model

Article type: Research Article

Authors: Simovic, Vladimir | Golubic, Zlatko | Vojnovic, Savo

Affiliations: University of Zagreb, Police College, Avenija Gojka Suska 1, HR–10000 Zagreb, The Republic of Croatia. E-mail: [email protected]

Abstract: Objective of this work is to explain the modelling concept of analytical function in the financial knowledge discovery model. This new simulation model of analytical function is developed for a financial knowledge discovery process that is used for the Corporate Criminal Intelligence Analysis (CCIA, in short). Model was developed for the CCIA work of the whole analytical part of the Financial police of the Republic of Croatia. The benefit of this new simulation model of analytical function is in simple method (based mainly on statistical simulations) of measuring analytical capacity and capability of analysis, which is now in usage in the financial field and field of law. The analytical function of the CCIA was prepared for investigations of financial criminal incidents, financial criminal offenders or victims and for financial crime control methods, etc. An application of this simulation model increases the group effectiveness, efficiency, and quality of the operational and strategic financial investigative operations that are in usage during the whole financial knowledge discovery process.

Keywords: applied simulation model, knowledge discovery process, corporate criminal, intelligence analysis

DOI: 10.3233/INF-2001-12406

Journal: Informatica, vol. 12, no. 4, pp. 559-572, 2001