Expired contract

Fraud Error and Debt - Optical Character Recognition Solution

Details

Buyer
Department For Work and Pensions (DWP)
Supplier(s)
Demarq
Value
GBP 79,730
Duration
1 month
Topic
IT services: consulting, software development, Internet and support
Published
2 March 2020
Source
ContractsFinder

Tender 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.

Timeline

  1. Award date28 February 2020
  2. Award published2 March 2020
    Current notice
  3. Contract expiry date31 March 2020

About the buyer

Department For Work and Pensions (DWP) is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 72000000 · IT services: consulting, software development, Internet and support

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