BIG DATA PERSPECTIVES ON AGILE EVALUATIONS CANBERRA EVALUATION FORUM BIG DATA PERSPECTIVES ON AGILE EVALUATIONS TUESDAY 28 JUNE 2016 #ipaacef

CHAIR Leonie McGregor First Assistant Secretary Ministerial and Parliamentary Services Department of Finance IPAA ACT Council #ipaacef

FACILITATOR Dr Leanne Blackley Director Department of Finance CEF Facilitation Group #ipaacef

PANELLIST Gavin McCairns Deputy CEO, Corporate Australian Transaction Reports and Analysis Centre (AUSTRAC) #ipaacef

The needle and the haystack Magnify the needle or reduce the hay? Gavin McCairns Acting CEO

OUR MISSION Detect, deter and disrupt money laundering and terrorism financing risks and threats that affect Australia’s financial system, and contribute to the growth of Australia’s economy

What is the right amount of regulation? Big Data and Predictive Analytics Digital Identity – KYC Collaboration What does an intelligence-led risk-based model look like?

DIBP – Border Protection Identification System (BRIS): Pre-BRIS

DIBP – Border Protection Identification System (BRIS): Post-BRIS

CAPABILITY Business Process People Stuff Lethal force Smartgates AUSTRAC Capability Review – all encompassing People Stuff

Requires cultural change SHARING WITH INTENT Need to know vs. Responsibility to share Requires cultural change

SUMMARY- NEW FRONTIERS Intelligence- led and risk- based model Collaboration Joint Capability Regulatory Environment Trusted Partner Financial Intelligence Centre of Excellence AML/CTF Statutory Review International Collaboration

WHAT’S IN IT FOR ALL OF US? Deter, detect and disrupt ML/TF risk and threats that affect our financial system and contribute to the growth of our economy by: Reducing the hay rather than magnifying the needle Using big data, predictive analytics and risk-tiering to identify high risk targets and reduce over-processing of low-risk cases Reducing unnecessary regulatory burden leading to reduced business costs and contributing to the growth of the economy.

Questions?

Jon Cumming Chief Digital Officer ACT Government PANELLIST Jon Cumming Chief Digital Officer ACT Government #ipaacef

Big Data Agile Evaluation Jon Cumming @cumming_ jon Chief Digital Officer ACT Government @cumming_ jon

Those who do not remember the past are condemned to repeat it Those who do not remember the past are condemned to repeat it... George Santayana Those who think the past will keep repeating itself are destined to remain there... Jon Cumming

Driving through the rear view mirror Brexit  Driving through the rear view mirror

Non-Linear E Events

Digital Disruption Disruption does not respect history… Predicting the future by looking at the past is precisely the reason why Digital Disruption was invented Disruption does not respect history…

More data has been created in the past two years than in the entire previous history of the human race... Internet of Things 0.5% = ? plus times of data is analysed

There is quite a lot to do…. Statement There is quite a lot to do…. Death by Analysis Hands on Learning Get your head under the hood

I AGREE Privacy The age of Consent Complex Outcomes Narrow Outcomes I haven’t read any of it but I AGREE Requires high trust [eg Government] Relatively low trust [eg Social Media] Low & complex consent constrains outcomes High & simple consent but unjoined actions

Lies, Damn Lies & Big Data Lies, Damn Lies & Statistics Confidence Data We may have a lot more of it, and we may be able to correlate many more data sources, but will we have any greater confidence in the conclusions we draw? …. or will we just listen to the loudest data? Lies, Damn Lies & Big Data Lies, Damn Lies & Statistics

trust is harder to come by, and without trust there is little value. As virtual reality becomes our reality – are we susceptible to manipulation? Technology is easy, trust is harder to come by, and without trust there is little value.

Disruption does not respect history 1 Three thoughts… Disruption does not respect history 1 Evaluate long-term trends, blips and predictions with equal weight The explosion of big data may overwhelm our ability to steward & make sense of it. We risk/are becoming untrusted. 2 Experiment early with frameworks for analysis – test trust-making Information overload may result in simplistic, prejudiced sound-bite responses 3 Ensure the realisation of analysis is balanced & human-centred

If you can’t explain it simply, you don’t understand it well enough. Albert Einstein

Cohesion & Disruption in equal measure Thank you Jon Cumming Chief Digital Officer ACT Government @cumming_ jon Cohesion & Disruption in equal measure

QUESTION AND ANSWER CANBERRA EVALUATION FORUM TUESDAY 28 JUNE 2016 #ipaacef

UPCOMING IPAA EVENTS July short break post election and ACT school holidays Public Sector Innovation Awards Wednesday 27th July Canberra Evaluation Forum – NAIDOC Thursday 28 July IPAA program for August to December will be released in July, more information will be available at www.act.ipaa.org.au

THANKS FOR ATTENDING CANBERRA EVALUATION FORUM TUESDAY 28 JUNE 2016 #ipaacef