Employee Fraud

 

Key Benefits of Actimize Employee Fraud

Financial institutions are challenged today with an increased risk of employee fraud incidents, given employees' ease of access to systems, knowledge of institutional practices, and increased incentive due to personal economic pressures. With comprehensive capabilities to detect and manage employee fraud incidents, Actimize enables financial institutions to effectively:

 

	Reduce fraud losses  Detect both common, policy-based fraud incidents with scenario-driven rules and complex fraud events with advanced profile and behavior-based analytics. Leverage relationship discovery capabilities to identify unusual employee activity and collusion with external fraud rings. Effectively detect and resolve more fraud incidents and mitigate both direct financial losses and data loss.
	Control policy and scenario authoring Enable business users to gain complete control of policy and scenario authoring via an intuitive, browser-based interface. Easily create and modify scenario-driven rules - without reliance on IT resources. New rules can be evaluated against historic or current transactions for instant performance feedback, and implemented within hours.
	Enhance operational efficiency Provide investigators with out-of-the-box workflow, data exploration, and reporting capabilities and eliminate time-intensive, manual processes for querying data across multiple systems. Prioritize highest risk, highest value incidents to better focus investigators and maximize efficiency. Reduce audit time and preparation by systematically and consistently enforcing and documenting policies across the organization.