Automate the detection of suspicious transactions and anomalies, allowing auditors to mitigate unrecoverable losses resulting from delayed fraud detection. Automate the screening process so anomalies and unusual activities do not go unnoticed, reducing auditors workload.

Benefits

• Protect revenue and reduce fraud-induced losses by screening high volumes of transactions for anomalies with analytics capabilities that result in fewer false positives
• Analyze exception-based scenarios and behavioral analytics to avoid reoccurrence and determine effective approaches for mitigating future anomalies and fraud
• Refine your detection strategies with calibration and simulation features to perform what-if analyses on historical data and assess which approaches are most effective

Business Value

• 2% reduction in revenue losses through fraud
• 80% reduction in cost of routine data processing and discovery