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The Importance of Different Data Streams

09.02.2020

In an ideal world, you could look at the same activity through different data sets and get to the same result, but sadly that is the exception rather than the rule. Inconsistencies could be a result of something simple, like subtle differences in reporting mechanisms or absent-minded mistakes. A more sinister root cause could be complex nefarious schemes built to achieve certain ends. We have seen the gambit over the years, and we aren’t alone. Recently, the City and County of Denver released an audit that cited multiple occurrences of different sales numbers being reported to Denver and the State of Colorado.

Because of this common discrepancy, the NCS Platform looks across as many streams as possible (Track-and-Trace, POS, Bank, Taxes, Utilities, etc.). We study the data and apply advanced analytics to draw out the subtle differences so we can alert you as they occur. It’s our goal to keep you on the cutting edge, and it drives us to search for and add new and exciting sources to keep you on the cutting edge.

About the Author Adam Crabtree

Adam Crabtree is the Founder and CEO of NCS Analytics, Inc., a Denver-based technology company transforming how financial institutions, regulators, and risk professionals evaluate and monitor high-risk industries. Founded on Adam’s belief that data should empower real-time decision-making, NCS Analytics has become a leading provider of cannabis risk intelligence and predictive analytics solutions.

Under Adam’s leadership, NCS Analytics actively monitors more than 18,000 cannabis businesses nationwide, leveraging one of the industry’s most comprehensive datasets to deliver actionable insights, regulatory intelligence, and risk mitigation. The company has developed a suite of innovative solutions, including patent-pending predictive and behavioral analytics, portfolio monitoring tools, business risk scoring, and compliance-focused intelligence platforms designed to help organizations identify emerging risks before they become losses.

Recognizing the unique challenges facing financial institutions and lenders in the cannabis industry, Adam led the development of NCS Thea, a cannabis business intelligence platform. NCS Thea addresses longstanding pain points in cannabis lending by streamlining borrower due diligence, improving underwriting efficiency, enhancing portfolio monitoring, and providing greater transparency into business operations, ownership structures, regulatory compliance, and financial risk. By transforming fragmented industry data into clear, actionable intelligence, NCS Thea enables lenders to make faster, more confident credit decisions while effectively managing risk throughout the life of a loan.

Through a combination of advanced analytics, artificial intelligence, and deep industry expertise, Adam and his team continue to help financial institutions and governments navigate complex regulatory environments, reduce uncertainty, and unlock new opportunities within the evolving cannabis market.

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