The actor-network theory analysis of applying detective analytics in a financial institution

Purpose Despite the many information technology (IT) solutions and preventative tools that are continually explored and deployed in layers to mitigate financial crimes, vaults still exist. The emergence of detective analytics is considered a new approach to mitigating financial crimes in organisations. However, challenges creep in the implementation because the influencing factors are unknown.Methodology Moments of translation from actor-network theory were applied as a lens to better understand the factors that can influence the implementation of detective analytics in an organisation.Findings From the analysis using ANT, six factors were found to influence the application of detective analytics to mitigate financial crimes in organisations: (1) Collaboration; (2) Corroboration; (3) Internalisation; (4) Externalisation; (5) Digitalisation; and (6) Integrated analytics.Originality/Value The study reveals the fundamental relationship between the factors, which is fundamental in managing the application of detective analytics in an organisation.