Nick Hourigan is a Senior Managing Director and Leader of FTI Consulting’s EMEA Data & Analytics practice. He is based in London. Mr. Hourigan has more than 20 years of experience working on some of the largest investigations in recent history. He specializes in large volume, typically transaction-based, analytics for the financial services and other industries in litigation and investigation matters.
Mr. Hourigan has extensive experience in managing complex global-scale projects with record sets in the billions. His firm view is that the highest use of analytics is the elevation of expertise, and so his teams work in close collaboration with counsel, client and other FTI Consulting experts to ensure effective and efficient achievement of project objectives. Mr. Hourigan is an expert in developing innovative technical solutions to financial markets analyses which have been accepted by various regulatory authorities. Mr. Hourigan champions development of FTI Consulting’s Augmented Investigations® offering, whereby traditional analytics are complemented by data science and statistical methods in those – and, importantly, only those – situations where this coupling is to maximize client benefit.
On the highly publicized Swedbank matter, Mr. Hourigan led FTI Consulting’s global team of financial crime experts, investigations specialists, data analysts, and forensic accountants to assist counsel in a review of alleged AML violations and OFAC sanctions breaches. As detailed in Swedbank’s unprecedented public report, FTI Consulting analyzed hundreds of billions in alleged money flows from high-risk non-resident individuals through the Baltics into Europe and beyond. The investigation was broad and intensive, considering tens of millions of customers and commensurate volumes of SWIFT and other payments. FTI Consulting deployed proprietary reference data sets, matching technology, custom review tools (CUDARE) and a library of 21 algorithmic detection scenarios to identify customers and analyze potentially suspicious transactions in bringing this matter toward resolution for his client.