2. Veratect
Situational Risk Intelligence
A proven system that detects the earliest indicators of emerging threats
enabling corporations, governments and NGO’s
the ability to readily apply the proprietary risk information, data and
metrics to their specific risk intelligence and management capabilities.
3. Background
• Initially a prototype was incubated by the U.S. DoD and IC with a
goal of detecting and identifying WMD – B and other CBRN
instances earlier than available through other means.
• Recognizing commercial viability Veratect privatized with the
ability to provide advance warning of emerging and endemic
communicable disease risks worldwide in many cases days, weeks,
and months before any governmental warnings were issued
• The core Veratect analytic team as the subject matter experts within
the prototype were first to…
− Identify the expansion of H5N1 from Southern China to Russia and then to Eastern Europe
− Notify US government of outbreak of FMD in UK in 2007
− Identify Ebola in DRC in August 2007
− Provide early warning of vaccine drift of H3N2, a virus mutation that went undetected by CDC
and resulted in 170 percent increase in seasonal deaths since 2004‐5 in United States
4. BOOM
event
Left of Boom realized
Prepare
Protect
Mitigate
Outbreaks*
Terrorist Action Right of Boom
Epidemics* React
Pandemics* Respond
Anarchy Recover
Famine
Genocid
Civil Unrest Veratect enables the global
operator every opportunity
to stay “left of boom”
5. Left of Boom Timeliness
‐ ~1‐2 weeks in advance of the European Influenza
Surveillance Scheme reporting
‐ ~1 week to infinity in advance of WHO FluNET reporting
‐ 1 to 2 days in advance of HealthMap
‐ Hours to infinity in advance of ProMED
‐ 75 days in advance of incursion into Georgia
‐ 2+ weeks in advance of Orissa disruptions
6. • Disease ‐ Foreshadow™
− Human, animal and plant disease
− Food and pharmaceutical safety
− Agricultural production (environment or pathogen)
• Civil Unrest ‐ Shadowstream™
− Anarchy, tribalism, militarism, radicalism, ethno sectarian
− violence, jihadism, organized crime, domestic and inter‐
− national terrorism, natural resource contention
All events determined at lat / long specificity, provided with a proprietary risk metric and considered within
Three levels of proximity to each clients specific location (whether a facility, or an op’s team on the move) and
All risk metrics, whether emerging, abating, advancing or receding are applied to constant surveillance and
Redetermination and posted in the client real time interface every 15 minutes. The earliest, spot on
quantified risk surveillance and intelligence envelopment in nearest real time with commercial access.
7. Veratect: The Intersection of Human and Artificial Intelligence
The Human
Analytical
Component
• Software and Communications ‐ • Subject matter experts investigate
Open and proprietary data from changes in social indicators to determine
targeted sources if disruptions have probable disease
origins
• Software and modeling
• Ground truth validation to confirm
• The system “listens” to the voices
and assess events
of local and regional communities for
key indicators of social disruption and • Veratect analysts report to the user
sorts and correlates millions of data community
points daily
• Integrated with Computer System
• Integrated with Human System ‐ Component ‐ Humans are superior to
Computer Systems are superior to computer systems for detecting nuanced
human for the gathering and indexing changes in the earliest indicators of event
of massive amounts of data emergence
8. Overview: Veratect Foreshadow™
Data Information Intelligence
• Source Identification
• Query Formulation
• Geospatial Visualization
Data Information Intelligence
• Source Management
• Internal/External
Search
• Integration with
• Native-Language • Veratect Customer Data
Indexing
Methodology
• Product Design and
• Natural Language • Regional Refinement
Processing
Conceptualization
• Access to Enterprise
• Systems Security
• Geospatial Analysis
Risk Management Tools
• Temporal Analysis
• Multi-Source
• Advanced Filtering
• Translocation
Potential
9. Veratect risk surveillance, identification and earliest quantified
knowledge flows to the user in two means:
Customized User
Direct Data Feed
Interface
11. Information Components
Earliest Intelligence
Indicators
Timeliness
Tactical Reports
Veratect Users
Full Reports
Assessments
&Credibility
Specificity
Anticipation
12. COMMERCIAL APPLICATIONS FOR SECURITY,
EMPLOYEE HEALTH AND SAFETY, SUPPLY CHAIN
MANAGEMENT, PROCUREMENT AND
STAKEHOLDERS
13. Supply Chain Management ERM and Governance
Disciplines
Supply chain, foreign market/logistics threat Differentiator in Executive Risk/Fiduciary
alert and assessment
Liability Risk Profile and Rating Agency /
IN OBVERSE – act in advance of price/supply Analyst Perceptions
chain disruption; monitor industry peers for
impending stress and market share
opportunity
Treasury and Finance
Powerful Investment
Management /Arbitrage Tool;
Facilitation Tool in Capital Project
Finance Settings
Risk Finance
Key to improved cost-of-risk /
Operational Risk Management access to new markets and
coverage grants; improved captive
Product integrity and 3rd party liability buffer; or retention management
human capital; infrastructure crisis readiness and
business continuity “fire alarm”, threat valuation
and counter-measures trigger
14. Supply Chain @ Risk:: Ingress / Egress @ Risk:
Employees @ Risk :
Enables the commercial client to Enables commercial customer to
Risk assessment applied to all identify strategic supply chain target strategic points of ingress /
of the commercial customer’s
employees, at a lat / long partners for risk assessment egress for risk surveillance and
attachment point, by line of surveillance. Each discreet assessment with each discreet
business, operational supplier is monitored at a lat / port, air facility, rail facility
functionality, level of risk of long attachment for emerging or tracked at a lat / long attachment
pathogen, and proximity
measures of emerging or abating risk attributes.
profile for emerging or abating
abating risk risk attributes.
15. Geo‐Locations @ Risk: Captive @ Risk:
Markets @ Risk:
Users can identify critical This allows the commercial This tool allows for a detailed
global markets for assessment customer to monitor a wide review of individual and
and monitoring. range of risks or opportunity aggregate risk profiles, based
Determination of these scenarios based on their on the client’s input data for
markets is customer specific unique needs for pinpoint risk their captive insurer. Applies
based on appetite and
exposure. assessment. insurance specific metrics and
output.
16. PEERview™
(Proprietary Economic Exposure Reference view)
• Veratect‐developed corporate economic exposure index
• Applies user‐specified cost parameters (medical and insurance costs,
workers’ comp, evacuation costs, etc.), weighted by industry and geo‐
location and facility type against Veratect identified disease risk level.
• Provides exposure relative to gross revenues, net income and
shareholder equity.