IIM Business Analytics CoP Meeting

Business Analytics Community of Practice - Using Hackathons to Innovate

Hackathon offers participants the possibility to work in small teams and employ innovative thinking to boost collective creativity and use it to solve business problems. The key objective is to create possible solutions in the form of prototypes that can be used as a minimal viable product to address the defined problem.

In this session, Claude Colasante from AUSTRAC will present examples of successful hackathons that enabled participants to apply a systematic creativity and innovation to build capabilities to predict, discover and fight fraud and crime.  Claude will also share how the Financial Intelligence Unit applies advanced analytics and leverage big data opportunities to build intelligence-led approaches as a platform for the effective detection and monitoring of criminal networks.

Speaker: Mr Claude  Colasante, Austrac

Claude Colasante joined AUSTRAC in 2003 as the National Manager of the Intelligence branch and held various senior positions.  In his role Director Intelligence, Money Laundering Criminal Targeting within AUSTRAC's Intelligence division, one of his key areas of focus is how to build, design and use analytics to identify money laundering, terrorist financing and crime risks. 

Claude’s branch leads innovation at AUSTRAC by co-designing useful solutions with its customers to enable them to make faster, better and more effective decisions through Innovation, Leadership and Analytics.

$5.00 per person paid at the door (to cover the cost of drinks and nibbles)