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OCBC finds way to cut data-retrieval time for criminal probes

Requests for data by law enforcers used to take up to three months to process. The automated system now does it in a day or two

OCBC, which developed the system in-house, tapped technology and data analytics to design the solution for faster and more efficient data processing.


IT can take up to three months for banks to retrieve and provide information required by law enforcement agencies for criminal investigations - and this is provided the information sought is straightforward and does not entail manual sieving of more than 13 months of data....