ACLhave launched the ACL Analytics Exchangeversion 4. AX which enables adjacent departments, including finance, risk and compliance, to protect the bottom line by identifying control deficiencies such as fraud and revenue leakage.

AX technology powers two discrete solution offerings serving different business structures. The Data Analysis for Teams solution allows organizations to analyze transaction data and uncover what has happened so remediation can occur. The Enterprise Continuous Monitoring (ECM) solution empowers companies to continuously monitor the health of their controls and pro-actively look for gaps.

The newly released version of AX enhances usability and performance with powerful new features:
• better Integration with Enterprise IT Infrastructure: a new application programming interface (API) enables the IT department to remotely perform AX functions, including administering access permissions, as well as scheduling and running analytic tests at off-peak hours
• improved analytics scheduling: reduce manual effort by creating a sequential chain of analytics—increasing productivity and saving time in complex control testing situations.