What’s new in MindBridge?

The Q2 release this year is our biggest yet, with all-new features and capabilities to help you work faster and more effectively than ever before. With this release, you can visualize more of your data, define what risk means to your industry or organization, refine your results, and uncover key risk immediately. Update today and start getting the most out of MindBridge!

• Define populations of entries within your data
• Create control points tailored for your unique methodology
• Standardize the way you treat risk with risk ranges
• Access analysis-level settings
• Leverage new use case configurations for TRA analyses (previously known as "MindBridge Flex")
• Review recent control point enhancements
• Discover improvements to usability and ability to scale
  
  

New capabilities for Q2

MindBridge releases 4 updates a year with both new and improved capabilities and features.

New way to slice and dice your data with "populations"

The ability to define and surface specific populations of data in your analysis is a game changer. At their core, populations are groups of data that can be leveraged to find or exclude entries from your analysis results. This can help streamline your sampling, isolate unusual monetary flows and business processes in the data, and better align MindBridge with your organization's methodology. Populations can be set up in the library, the analysis results, and the analysis settings, and analysis-level populations can be added to engagements for use in other analyses. 

Learn about creating and managing populations via the library, engagement settings, and analysis settings

New configurable Expert Rules control point

In addition to MindBridge’s Expert Rules control point, which was developed in collaboration with world-class subject matter experts and is offered out-of-the-box, App Admins can now use rules defined by your internal teams of experts to create new control points in the library. These new custom Expert Rules control points can help you find and calculate risk in a way that aligns with your industry and organizational needs.

Learn more about this new control point and how to leverage your own custom Expert Rules

New flexible risk ranges

MindBridge has traditionally used pre-defined percent ranges to indicate whether entries or transactions present a low, medium, or high risk. Now, App Admins can set up custom risk ranges in the library and apply them to specific risk scores. This new ability sets clear guidelines around entry and transaction handling, and can help better align the analysis results with your organization's methodology. Even more, engagement teams have the flexibility to adjust the risk ranges for a certain risk score in their analysis settings based on audit process findings.

Learn more about creating, managing, and applying risk ranges via the library and analysis settings

New drill-down to segment statistics and visuals

Now you can drill into a row in the table on the Risk segmentation dashboard to see additional information about the given segment. This page includes a summary of the selected row, graphs to help you visualize the data, and a helpful list of control points that you can drill even further into. You can also add annotations to comment on your findings and export page elements as needed.

Learn more about the risk summary page

Analysis-level settings now available

Now you can access and adjust settings for individual analyses in your engagement as needed. The new Analysis settings page lets you access populations and risk ranges, and provides an opportunity to determine which currency should be displayed across your analysis results.

In order to accommodate this new capability, the MindBridge sidebar has been redesigned. Analysis settings, Engagement settings, and Organization settings can now be found within the Settings menu ( ) in the MindBridge sidebar. You can also access the analysis settings through the Data page.

Learn more about analysis settings

New use case for TRA analysis

MindBridge's configurable ledger analysis has a new name: Transaction Risk Analytics ("TRA")! And with it comes a new configuration to help you develop a deeper understanding of your expenses.

Charge Card analysis available through TRA offers a unique set of risk scores and control points related to expense analytics. With this new purpose-built analysis, you’ll be able to quickly surface changes in behavioral trends, see surges of activity, find interesting, unusual, or duplicated payments, and much more.

Learn more about Charge Card analysis

Control point updates

Control points are the algorithms that power MindBridge's analytic capabilities. The newest version of MindBridge gives you access to the most advanced control point bundle, which includes updates to several algorithms to help you identify anomalous data more quickly and improve your ability to scale.

Learn more about recent control point updates

Read our full control point release policy

We will endeavour to respond as quickly as possible to any questions you may have about updates to control points. Reach out to your CSM for more details.

Improvements

Usability

• New ability to create risk segments within the library  |  Learn more
• Label for the Intelligent Sampler has changed to “Create sample”
  • “Create sample” button has moved into the “Actions” menu on the Data table dashboard
• New “Population” filters on Risk segmentation and Data table dashboard
• New debit- and credit-specific columns in the segment table on the Risk segmentation dashboard
• New ability to sort multiple columns on the Risk segmentation dashboard
• New API endpoints, including Populations, Admin Reports, Users, API Token management, and the ability to create Tasks and work with Chunked Files
• Deprecated API endpoint Start Analysis in favour of Run Analysis

Scaling

• New ability to import and export library config files between tenants