PwC India’s centre of excellence for forensics in Hyderabad: Next year to hire 150 anti-money laundering

Hyderabad, 12 January 2016: PricewaterhouseCoopers (PwC) India plans to hire 150 people for excellence for forensics (CoE), it has established in Hyderabad with an investment of $1.5 million. Expertise in anti-money laundering, KYC, remediation and third-party due diligence.

Announcing the setting up according to the CoE, a PwC release said, “The facility will provide clients solutions related to anti-money laundering compliance, third-party due diligence, email and document review and investigation support.”

According to the Leader (Forensic Services) of PwC India Dinesh Anand said the CoE would help, “Clients navigate the complex and varied regulatory landscape across geographies.”

Besides the new facility, the forensics services team at PwC India has two forensics technology labs, at Gurgaon and Mumbai, with various capabilities.

The centre of excellence, a trained team of over 100 professionals in India, plans to hire 150 more due diligence and anti-money laundering professionals in the next one year. The facility is well equipped in terms of technology, capability and also has suitable security systems in place to maintain confidentiality of information. The team also has multilingual capabilities of Mandarin, Bahasa, Cantonese and Spanish, to name a few — to cater to the demands of resource requirements for PwC network firms.

PwC is a network of firms in 157 countries with more than 208,000 people.