Fraud Detection
SironFD: Fraud Detection
SironFD is a solution for the detection and prevention of fraudulent activities, such as employee fraud. The SironFD solution applies powerful analytics in batch-mode or near-real time, analysing transactions for fraud, based on known scenarios or deviations from regular behaviour patterns. The software uses a combination of three methods, which combined provide full detection capabilities:
- Expert System: configuration of complex fraud scenarios by means of a user-friendly graphical interface.
- Adaptive Profiling: statistical behaviour modelling for the detection of suspicious activities based on the account history of the customer or employee or peer-group comparison
- Dynamic Link Analysis: detection of hidden links between entities such as employees, account holders, trustees, beneficiaries, products, etc.