Systemic Risk Monitoring System And Method For Revenue Agencies

Abstract

Systems, methods, and computer program products are provided for providing monitoring risk. In one exemplary embodiment, there is provided a method for monitoring risk. The method may include receiving, grouping, and summarizing first information relating to first data. The method may also include storing, based on the receiving, grouping, and summarizing, the information in one or more tables, wherein each of the one or more tables is associated with one or more fields of data. The method may also include receiving, grouping, and summarizing second information relating to second data. The method may also include querying the one or more tables. The method may include comparing the information received in response to the querying of one or more tables with the second information. The method may further include providing an indication of risk based with the comparison, wherein the first information and the second information include tax return information.

1 . A computer-implemented method for monitoring risk, the computer including a processor and memory, and the method comprising:
 receiving, grouping, and summarizing first information relating to first data;   storing, based on the receiving, grouping, and summarizing, the information in one or more tables, wherein each of the one or more tables is associated with one or more fields of data;   receiving, grouping, and summarizing second information relating to second data;   querying the one or more tables;   comparing the information received in response to the querying of one or more tables with the second information; and   providing an indication of risk based with the comparison,   wherein the first information and the second information include tax return information.   
     
     
         2 . The method of  claim 1 , wherein the one or more fields of data contained within the received first information and the one or more fields of data contained within the received second information include at least one of either a street name, city, state, postal code, occupation, or gross income, or any combination thereof. 
     
     
         3 . The method of  claim 1 , further comprising:
 generating one or more risk scores based on the comparison.   
     
     
         4 . The method of  claim 3 , further comprising:
 comparing the one or more risk scores to a risk score threshold; and   determining if the one or more risk scores exceeds the risk score threshold.   
     
     
         5 . The method of  claim 4 , further comprising:
 transmitting an alert, if at least one of the one or more risk scores exceeds the risk score threshold.   
     
     
         6 . A computer-readable recording medium storing a computer-executable program which, when executed by a processor, performs a method for monitoring risk comprising:
 receiving, grouping, and summarizing first information relating to first data;   storing, based on the receiving, grouping, and summarizing, the information in one or more tables, wherein each of the one or more tables is associated with one or more fields of data;   receiving, grouping, and summarizing second information relating to second data;   querying the one or more tables;   comparing the information received in response to the querying of one or more tables with the second information; and   providing an indication of risk based with the comparison,   wherein the first information and the second information include tax return information.   
     
     
         7 . The computer-readable recording medium of  claim 6 , wherein the one or more fields of data contained within the received first information and the one or more fields of data contained within the received second information include at least one of either a street name, city, state, postal code, occupation, or gross income, or any combination thereof. 
     
     
         8 . The computer-readable recording medium of  claim 6 , further comprising:
 generating one or more risk scores based on the comparison.   
     
     
         9 . The computer-readable recording medium of  claim 8 , further comprising:
 comparing the one or more risk scores to a risk score threshold; and   determining if the one or more risk scores exceeds the risk score threshold.   
     
     
         10 . The computer-readable recording medium of  claim 9 , further comprising:
 transmitting an alert, if at least one of the one or more risk scores exceeds the risk score threshold.   
     
     
         11 . A computer system for monitoring risk comprising:
 one or more systems that include data; and   a risk monitoring center in communication with the one or more systems, wherein the risk monitoring center:
 receives, grouping, and summarizing first information relating to first data; 
 stores, based on the receiving, grouping, and summarizing, the information in one or more tables, wherein each of the one or more tables is associated with one or more fields of data; 
 receives, grouping, and summarizing second information relating to second data; 
 queries the one or more tables; 
 compares the information received in response to the querying of one or more tables with the second information; and 
 provides an indication of risk based with the comparison, 
 wherein the first information and the second information include tax return information. 
   
     
     
         12 . The system of  claim 11 , wherein the one or more fields of data contained within the received first information and the one or more fields of data contained within the received second information include at least one of either a street name, city, state, postal code, occupation, or gross income, or any combination thereof. 
     
     
         13 . The system of  claim 11 , wherein the risk monitoring center:
 generates one or more risk scores based on the comparison.   
     
     
         14 . The system of  claim 13 , wherein the risk monitoring center:
 compares the one or more risk scores to a risk score threshold; and   determines if the one or more risk scores exceeds the risk score threshold.   
     
     
         15 . The system of  claim 14 , wherein the risk monitoring center:
 transmits an alert if at least one of the one or more risk scores exceeds the risk score threshold.