Fraud Detection and Management

Combining real-time process execution with specialist analytics, this solution generates its own rules from past data to flag issues for investigation.

In times of economic slowdown, fraudulent activity rises. Where once organistions budgeted for revenue loss due to bogus insurance claims or identity theft, margins are now being eroded by illegal activity.

Analytics is not the complete answer, catching fraud before it happens and responding to trends in activity is a better way of protecting the revenue base.

AWD employs the use of sophisticated automatic rule building analytics to spot irregularities as part of customer aquisition and claims processes. Not only does this spot potential fraudulant activity with an optimum low false posive rate, but also identifies collusion risk across a wide spectrum of captured data.