Dept. of Justice selects new intelligence analysis software to assist money laundering investigations

A new intelligence analysis software platform from DataWalk was selected by the Justice Department to be used for the agency’s Money Laundering and Asset Recovery Section, company officials announced.

MLARS leads the asset forfeiture and anti-money laundering enforcement efforts at the Justice Department. DataWalk software is a component of a broader solution provided by partner Research Innovations, Inc., (RII), the prime contractor for this DOJ project. This is the company’s first win under the previously announced five year, $500M Data Analytics Solutions and Services Blanket Purchase Agreement at DOJ.

MLARS will utilize DataWalk software to support the analysis of large amounts of data associated with their AML investigations of financial institutions, third party money launderers, kleptocrats and other targets. The solution will allow attorneys and investigators to quickly identify and monitor connections, money flows, and patterns of suspicious activity.