• $4.5T

    Global loss in financial mismanagement and abuse

  • $1.5M

    Average annual loss per case identified

  • up to

    5%

    of EBITA lost by enterprises due to occupational fraud each year

Finance and accounting groups typically spend nearly 80% of their time in manually gathering, verifying, and consolidating the data, leaving only 20% of the time for analysis and decision making. This does not provide enough time to go through all the transactions and identify irregularities within the data, often resulting in a high number of the frauds and errors going undetected and unaddressed. Leading companies still rely on manual sample audits and detailed audit rules defined in their ERPs, analytic solutions and business process solutions to detect financial errors and misuse. However, these inefficient processes ultimately result in risks not being managed and/or organizations being unable to identify financial fraud or misuse.

ThinkRisk is an enterprise platform that helps organizations generate more in-depth insights and higher risk assurance

ThinkRisk is a scalable enterprise platform that enables organizations to generate deeper insights and obtain greater risk assurance on 100% of their transactional data. Through its purpose-built AI framework, ThinkRisk augments finance and audit functions to deliver better outcomes and develop increased confidence in their financial statements. Businesses can rely on ThinkRisk to automate data consolidation, identification/management financial risk and monitor compliance, in addition to financial performance management with 50%-75% less effort exerted. The ThinkRisk solution empowers finance and audit teams to focus on strategic and value-added tasks. Our powerful AI-based data and analytics platform analyzes an organization's full scope of transactions, running hundreds of parallel tests to uncover hidden fraud, misuse, errors, internal control failures and financial irregularities.

Creating sustainable value across finance and audit functions for our customers

We focus on empowering our customers with consistently clear and actionable insights for risks and issues that pertain to them, enabling our customers to focus on creating sustainable value.

Identify fraudulent transactions (delete double word on the website) that consistently “flew under the radar” and previously went undetected.

Significant reduction in man-hours spent on internal controls testing and SOX efforts.

Increase in compliance related to employees’ use of corporate credit cards.

Spot unusual transaction patterns with vendors, detect potential kickbacks and other compliance violations.

Our Clients

What Our Clients Say

ThinkRisk platform significantly reduces our time spent identifying anomalies as well as providing a higher level of accuracy. We hope to continue using the platform for many more use cases to increase efficiencies in our audit, SOX and risk management process.
Finance teams are desperate for a technology like this that can aggregate data from disparate sources and audit every transaction for financial risk and compliance.
We were very impressed with the ThinkRisk team and their understanding of our pains and problems. Their knowledge of the domain along with their experience in leveraging AI for the finance function make them unique.

Meet Our Founders

ThinkRisk is founded by a strong team with diverse experience in finance and auditing, product engineering and data science.

Jagdish Subramony

Founder & CEO

Jagdish is the founder and Cheif Executive Officer of ThinkRisk. Jagdish brings more than 25 years of audit, risk management experience and executive leadership experience to ThinkRisk. He is responsible to guide vision and corporate strategy at ThinkRisk. An early adopter of technology for financial risk and compliance monitoring, Jagdish’s experience and insights in converging cognitive technology, finance & audit process challenges with talent gaps drives ThinkRisk's unique value proposition.

Prior to founding ThinkRisk, Jagdish was the chief audit executive at multiple global f1000 organizations and spent over a decade with Deloitte across multiple geographies. He began his career as a mechanical engineer before moving into finance and technology after receiving his Masters of Business Administration. Jagdish lives in Scotch Plains, NJ with his wife and two daughters.

Anant Naganathan

Co-founder & Chief Technologist

Anant has been building and leading product management for technology and compliance startups since 1999. As Co-Founder and CTO at ThinkRisk, he is responsible for driving the product roadmap, product strategy and development of the ThinkRisk solution. Prior to ThinkRisk, Anant co-founded Control Catalyst, an on-demand audit automation product, which he exited through a PE buyout in 2018. He remained involved with the product, leading engineering and product management for Helical, Inc. He comes with over 6 years of Big-4 experience, where he managed Security and Risk Advisory and Assurance Services. He holds a Master of Science in Computer Science degree from the University of Idaho. Anant lives in Morris Plains, NJ and is an avid volunteer for local healthcare providers.

Nitin Gupta

Co-founder & Chief Data Officer

Nitin is a pioneer in the risk management domain, spanning from Risk Analytics, Visualization, and Business Intelligence to Predictive Analytics using Machine Learning and Deep Learning. He has been instrumental in solving Risk and Big Data Analytics problems for numerous f1000 global organizations. Nitin is a distinguished author and subject matter expert in the disciplines of Valuation and Risk Management. Nitin has also presented at various international conferences on the topic of Risk Management.

Prior to ThinkRisk, Nitin founded Risk Edge, where he worked with MNCs as well as start-ups for over 13 years, building products specialized in applying machine learning and predictive analytics techniques. Nitin has a passion for Cognitive Learning and developed Front-End Trading Terminals, Anti-Money Laundering for Banks, and Risk Management Software for Commodity Trading houses. Nitin currently resides in Hyderabad, India with his wife and daughter. When he is not coding or working on models, he is smashing birdies on the badminton court.

Careers

At ThinkRisk, our hiring team focuses on recruiting ambitious and talented professionals in the industry. If you are looking for a challenging opportunity to take up vital roles and build your portfolio, look no further. We would be happy to offer you just that and a lot more .