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| [February 07, 2012] |
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Actian Helps Irish Revenue to Clamp Down on Fraud and Tax Evasion
REDWOOD CITY, Calif. & LONDON --(Business Wire)--
GARTNER BI SUMMIT - Actian
Corporation (formerly Ingres Corp.), today announced that the Office
of the Revenue Commissioners, the Irish government's agency for tax and
customs administration, has boosted its relationship with Actian by
extending its use of Actian's database products to incorporate the
industry's fastest data analytics engine, Vectorwise, to provide
speedier reporting systems, enabling it to discharge its taxation
responsibilities more efficiently.
The Office of the Revenue Commissioners, also known as Revenue, is
responsible for the administration, assessment and collection of taxes,
and the implementation of customs law. It processes more than 200
different types of declarations and returns covering all categories of
taxes and duties for a customer base of approximately 2.2 million
individual PAYE taxpayers and over 750,000 businesses including sole
traders.
The data collected by Revenue is extensive and used for a range of
purposes including processing and monitoring tax returns to ascertain
whether customers and businesses are paying the right amount of tax and
on time, claims for refunds and tax credits, and most importantly risk
analysis and profiling to minimise tax evasion and avoidance. Risk rules
and models are applied to tax declarations and transactions,
increasingly in real-time, in order to identify anomalies and to
mitigate the risk of fraudulent activities. With 80 Revenue offices
countrywide and staff of approximately 6,000, it is crucial for Revenue
to have reporting systems that provide the business with insights on tax
assessment and collection at a lightning speed.
Previously, Revenue's Business Intelligence team would have had to
optimise performance through pre-built data aggregation, tune the
performance of the database and cache data in order to provide response
times for analytical reporting to its business managers in acceptable
timeframes. This was a drain on both time and financial resources. With
data growing exponentially, there was a need for a solution that can
simplify data preparation, data management and shorten the development
delivery cycle while enabling Revenue's business managers to run queries
faster and glean a real-time insight.
As a long-term user of Actian's Ingres 9.2 database, Revenue decided to
review Vectorwise as a complementary option to gauge how its performance
and speed advantages would benefit its analytical reporting solutions.
Vectorwise proves to be a very successful solution and has allowed
Revenue to deliver applications to its business users via its business
intelligence portal within a matter of seconds without resorting to
building data aggregates, or staging data.
"In our own benchmarks and internal testing, we soon realised just how
fast Vectorwise was, and as data sets get bigger, that performance
differential becomes even more significant," commented Maureen Byrne,
Business Intelligence Manager, Revenue. "Response times for complex
reports have improved dramatically. It was a logical choice for us to
implement Vectorwise on top of Actian's relational database, Ingres."
"Revenue is a long term, valued customer which first adopted the Ingres
database some years ago," said Steve Shine, CEO of Actian. "We're
pleased to see it is investing further in Actian's ground-breaking
technology to meet analytical and reporting needs, and now look forward
to introducing our recent innovation, Action Apps, that allows
organisations to take action on information more quickly than ever
before."
Vectorwise is one of the most significant database technology
innovations of the last 20 years and meets broad business demands to
analyze the exploding volumes of data. Since it was launched in June
2010, Vectorwise has successfully achieved performance increases in
commercial deployments of 100x that of existing databases, by utilising
the latent processing power in modern hardware.
About the Office of the Revenue Commissioners
The mission of the Revenue Commissioners is to serve the community by
fairly and efficiently collecting taxes and duties and implementing
Customs controls.
About Actian: Incite Action
Actian
Corporation (formerly Ingres Corp.) is the first to unveil a cloud
development platform for building Action Apps. Action Apps are
lightweight consumer-style applications that automate business actions
triggered by real-time changes in data. Actian products incite action at
more than 10,000 customers worldwide by driving their mission critical
workloads and providing rapid action insights to their data. Actian is
headquartered in Redwood City, California with offices in New York,
London, Paris, Frankfurt, Amsterdam, and Melbourne. Stay connected with
Actian Corporation on Facebook
and Twitter.
Actian, Cloud Action Platform, Ingres, and Vectorwise are trademarks of
Actian Corporation. All other trademarks, trade names, service marks,
and logos referenced herein belong to their respective companies.

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