PRGX Showcases Expertise in Fraud Prevention and in Big Data Analytics


ATLANTA, Sept. 23, 2011 (GLOBE NEWSWIRE) -- PRGX Global, Inc. (Nasdaq:PRGX), the world's leading provider of recovery audit services and the pioneer in Profit DiscoveryTM, will be providing key speakers this week at two separate events.

Michele Edwards, PRGX's Fraud Analytics and Advisory leader will be speaking at the American Institute of CPAs (AICPA) National Forensic Accounting Conference on September 23, 2011. Edwards is also on the planning committee for the event taking place September 21 through 23, 2011 at the Hyatt Regency McCormick Place in Chicago, Illinois.

Edwards will be speaking on the topic of fraud risk management. The session will address the basics of effective fraud risk management, as well as governance-related issues that organizations commonly face, including the definition of roles, responsibilities and establishing accountability for fraud risk management.

"In the current economic environment, it is critical that companies go beyond understanding the basics of an effective fraud risk management program. They need to understand how to tackle fraud risk management in strategic situations, such as during mergers and acquisitions and initial public offerings, and also how to anticipate potential regulatory and enforcement challenges surrounding their fraud and compliance risk management programs," said Edwards.

Edwards will also moderate a panel of internal audit, shared services and loss prevention professionals who leverage data analytics and technology to identify potential indicators of fraudulent activity. The panelists will discuss their experiences, including varying challenges, complexities and successes, to help attendees learn how to effectively monitor and detect potential fraud in their organizations.

On Friday, September 23, Michael Noel, PRGX's chief information officer, will be participating on a panel about the emergence of "big data" as a disruptive force during a symposium on cloud computing and big data to be held at the University of Texas at Austin.

Noel said, "I was honored to be asked to speak about the topic of big data and the way companies like PRGX are working with clients to organize and analyze very large volumes of structured and unstructured information for business value."

"PRGX is excited to be sharing its thought leadership in these two hot topic areas – fraud and big data analytics – together with other esteemed panelists," said Romil Bahl, PRGX president and CEO. "Both opportunities demonstrate our focus on developing and delivering innovative analytics-based Profit Discovery services to the market," added Bahl.

About PRGX Global, Inc.

Headquartered in Atlanta, Georgia, PRGX Global, Inc. is the world's leading provider of recovery audit services. With more than 1,400 employees, the company operates and serves clients in more than 30 countries and provides its services to more than 75 percent of the top 30 global retailers. PRGX is also pioneering Profit Discovery, a unique combination of audit, analytics, and advisory services that improves client financial performance. Beyond its core retail practice, PRGX is actively expanding into healthcare.



            

Tags


Contact Data

GlobeNewswire