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Features & Functionality
Financial investigations stall before analysis can begin. Records arrive as scanned statements, spreadsheets, and exports in different formats, languages, and currencies, and weeks or months can pass before anyone follows a lead. Sedra automates that preparation so you can start investigating up to 90% faster, then shows you how money moved and how parties are connected. The platform surfaces the patterns, helping you find the whole story hiding in your financial documents.
Platforms
Two platforms, one approach
Sedra offers two platforms built on the same technology. Both help investigators, including fraud examiners, attorneys, forensic accountants, and procurement teams, work faster and see farther.
Sedra Financial Investigation Platform
For post-detection analysis and asset recovery. Trace the flow of funds through bank statements, ledgers, and financial records, see how parties are connected, and drill into the parties, transactions, and financial statements behind your case.
Sedra Procurement Investigation Platform
For procurement fraud. Review vendors, bids, and line items, analyze items flagged by the platform, and navigate straight to the data behind them. Automatic outlier detection is aimed at bid rigging and kickbacks. The result is a lean, auditable review process.
Key features
Analytics & insights
Ask questions in plain English and see your whole dataset at a glance.
Tracing
Follow the money trails automatically, or transaction by transaction.
Audit & history
Every finding is linked to the original source record. Every action and decision is logged.
AI-assisted data onboarding and flagging
Turn scanned and mixed-format records into analysis-ready data, and see unusual activity flagged for your review.
Key features
Analytics & insights
Get oriented quickly, even in a dataset you have never seen.
AI Investigator
Ask the AI Investigator for an overview of the case or a specific question, in plain English. It returns an executive summary, investigative roadmap, and recommended next steps, including which transactions, parties, or vendors to look at first. Use it to decide where to start or to drill down into specific areas. Relativity aiR users can easily integrate matter data to use as context for the conversation.
Dataset overview
See the scale and scope of the case at a glance: total transactions, monetary volumes, parties involved, and jurisdictions. Click into any figure to drill into the parties, transactions, and financial statements behind it.
Transaction insights
Review every transaction with its date, amount, description, parties, and type. Filter and sort across the full dataset, then use trend, pattern, and anomaly views to see where activity departs from the norm. In procurement reviews, work through bids, invoices, and payments, and the vendors and line items flagged for attention.
Visual dashboards you can present
Charts and graphs show how parties are connected and where the money flowed, so you can walk counsel, an audit committee, or a judge and jury through the trial. Court-ready dashboards make complex flows easy to follow.
Key features
Tracing
Follow the trail of truth wherever it may lead.
Automated AI tracing
Sedra’s algorithms trace transactions through intermediary parties and show how funds moved, flagging unusual patterns for your review. The platform is built for large datasets, including millions of transactions.
Parties relations tracing
See how parties are connected, including through intermediaries, shell companies, and nominees. A graph of parties and the flow of money reveals relationships that are hard to see in spreadsheets, and location-proximity analytics highlight connections based on physical distance. In procurement and corruption reviews, map links between employees, vendors, and other counterparties through shared addresses, phone numbers, bank accounts, and other links.
Manual transaction tracing
Prefer to work transaction by transaction? Follow the flow of funds through the detailed records yourself, with every step linked back to the source data.
Key features
Audit & history
Show where every number and decision came from.
Source data reference
Every figure links back to the original source record. Findings are reproducible and traceable to source data, giving you a clear audit trail to show colleagues, counsel, or the court.
Activity log
As you work the case, you clear or confirm flags and add notes. Sedra logs your activity and decisions so you know exactly when and how conclusions were drawn.
Key features
AI-assisted data onboarding and flagging
Spend your time on the case, not on cleaning data.
Data onboarding assistance
Investigators used to spend weeks or months cleaning, standardizing, and importing data before analysis could begin. Sedra’s AI-powered data pipeline automates import, cleaning, formatting, and validation, so you can start investigating up to 90% faster. It ingests bank and credit card statements and other sources, converts scanned PDFs to tabular data without manual entry, recognizes records from major financial institutions and multiple languages, and converts multiple currencies into a single base currency.
Automatic flagging of suspicious transactions
Machine learning models trained on real-world data flag unusual transactions and patterns, including ones experienced investigators could easily miss, and present them for your review. In procurement reviews, flags focus on vendors, bids, and line items, with outlier detection aimed at bid rigging and kickbacks. You examine what the platform surfaces and decide whether it is truly fraud.
Party screening
Screen the parties in your dataset, including vendors and other counterparties, against Politically Exposed Persons (PEP), Sanctions, and Debarment lists.
Proof: faster data preparation
In one case study, a team of five analysts spent about 550 hours on data collection, organization, and standardization. With Sedra, that work took about 56 hours, a 90% reduction.
Working procurement or construction cases? Learn how AI helps fight procurement and construction fraud.
Security
Secure by design
Sedra is verified SOC 2 Type 2 compliant and ISO 27001 certified. All data is hosted in Google Cloud in U.S. data centers, and we can host in any Google data center location that meets your regulatory needs.
Buyer's guide
Evaluating financial investigation tools?
Our Buyer’s Guide covers how automated solutions address the biggest pain points in financial investigations, the features to look for at every stage from data ingestion to reporting, and best practices for evaluating tools and vendors.
FAQs
Frequently asked questions
What is the difference between the Financial Investigation and Procurement Investigation platforms?
Both platforms use the same technology to ingest, standardize, and analyze data. The Financial Investigation platform focuses on post-detection analysis and asset recovery in financial crime cases, tracing the flow of funds and the relationships among parties. The Procurement Investigation platform focuses on flagging the vendors, bids, and line items that may point to bid rigging or kickbacks.
How does Sedra Solutions use AI and machine learning?
Sedra uses algorithms to ingest and normalize data from sources such as bank and credit card statements, and AI to convert scanned PDFs into tabular data without manual entry. Machine learning models trained on real-world data help identify anomalies and patterns. A graph database surfaces relationships among parties through intermediaries, and location-proximity analytics reveal connections based on physical distance. An AI chat lets you ask questions about your dataset and returns an executive summary, recommended next steps, and detailed findings.
Does Sedra replace investigators?
No. Sedra is a force multiplier. It helps investigators work smarter and faster, with higher-quality results. The platform surfaces patterns and connections, and the judgment and decisions stay with you.
Where will our data be hosted?
All data is hosted in Google Cloud in U.S. data centers. If you need to keep data within a specific jurisdiction, we can host it in any Google data center location that meets your regulatory needs.
How quickly can you ingest data?
The time depends on the number of transactions and the format they’re in. A dataset of 20,000 transactions could be ingested in about 15 minutes, while 2 million transactions could take more than 24 hours.
Can you ingest hard-copy documents?
Yes. We can ingest paper documents, PDFs, spreadsheets, statements from financial institutions, and more.
How is Sedra priced?
Sedra charges based on the number of transactions in the dataset being processed.
Transform your financial investigations with Sedra Solutions
Ready to get started? See how Sedra helps you start investigating up to 90% faster, understand how money and parties connect, and trace every finding back to its source.
Note: Sample data shown on this website, in marketing materials, and in the demo are fictitious and for illustrative purposes only.