Big Data Perspectives on Agile Evaluations in Canberra Evaluation Forum

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Explore the intersection of big data and agile evaluations at the Canberra Evaluation Forum on Tuesday, 28th June 2016. Gain insights from industry experts like Leonie McGregor, Dr. Leanne Blackley, and Gavin McCairns on topics such as money laundering, predictive analytics, digital identity, and collaborative models. Discover case studies on the DIBP Border Protection Identification System and AUSTRAC's capabilities in combating financial risks. Join the discussion on cultural changes in information sharing for effective risk mitigation strategies.

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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 Institute of Public Administration Australia ACT Division 2

FACILITATOR Dr Leanne Blackley Director Department of Finance CEF Facilitation Group #ipaacef Institute of Public Administration Australia ACT Division 3

PANELLIST Gavin McCairns Deputy CEO, Corporate Australian Transaction Reports and Analysis Centre (AUSTRAC) #ipaacef Institute of Public Administration Australia ACT Division 4

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

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

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

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

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

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

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

WHATS 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?

www.austrac.gov.au DISCLAIMER: The information contained in this document is intended only to provide a summary and general overview on these matters. It is not intended to be comprehensive. It does not constitute nor should it be treated as legal advice or opinion. This presentation contains statements of policy which reflect AUSTRAC s administration of the legislation in carrying out its statutory functions. The Commonwealth accepts no liability for any loss suffered as a result of reliance on this publication, including any errors or omissions therein. AUSTRAC recommends that independent professional advice be sought. The information contained herein is current as at the date of this document.

PANELLIST Jon Cumming Chief Digital Officer ACT Government #ipaacef Institute of Public Administration Australia ACT Division 16

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

Those who do not remember the past are condemned to repeat it... G e o r g e S a n t a y a n a Those who think the past will keep repeating itself are destined to remain there... J o n C u m m i n g

Brexit Driving through the rear view mirror

Non-Linear E Events

Predicting the future future by looking at the past past reason why is precisely the reason 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... times0.5% of data is analysed = ? plus Internet of Things Internet of Things

S t a t e m e n t There is quite a lot to do . Death by Analysis Hands on Learning Get your head under the hood

Privacy The age of Consent Complex Outcomes Narrow Outcomes Requires high trust [eg Government] Relatively low trust [eg Social Media] Low & complex consent constrains outcomes High & simple consent but unjoined actions

Confidence Data Data W e m a y h a v e a l o t m o r e o f i t , 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 & Statistics Lies, Damn Lies & Big Data

A s v i r t u a l r e a l i t y b e c o m e s o u r r e a l i t y a r e w e s u s c e p t i b l e t o m a n i p u l a t i o n ? Technology is easy, Technology is easy, trust is harder to come by, trust is harder to come by, and without trust there is little value. and without trust there is little value.

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 cant explain it simply, you dont understand it well enough. Albert Einstein

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

CANBERRA EVALUATION FORUM QUESTION AND ANSWER 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 Institute of Public Administration Australia ACT Division 31