DETECT is based on many years experience of classification and optimisation problems and the particular problem of rare-event detection. Its risk-engine uses Complex Event Processing and Mathematical Statistical methods to deliver high-detection performance. DETECT has been designed for ease of use and low care and maintenance, hence providing a cost-effective and non-invasive solution.

Some of the benefits of DETECT are:

• Low Total Cost of Ownership Detection needs to pay for itself. You do not need to expose your organisation to high financial risk and have to recoup investment over a period of several years. The benefit is immediate.

• Alert Management allows you to control many aspects of the alert management process:

  • Alert rate to optimise use of staff or maximise value of alerts
  • Alert ranking fast access to the current highest risk cases
  • Risk-based routing route alerts to different personnel via a choice of channels
  • Choice of risk metrics financial risk exposure, probabilistic… to suit your risk policy
  • Transparent reporting provides full explanation of alerts to aid case investigation

• Case Management Tools for risk assessment support

  • Account histories single click access to full account history
  • Annotations record notes and comments for individual alerts or cases
  • Case allocation allocate cases to users
  • Case sensitivity increase or decrease risk level for individual cases

• Immediate Results. DETECT is provided with preconfigured models that allows it to start detecting anaomolies immediately without the need for calibration or data-tagging.

The pages in this section are a summary of the DETECT system and some of its features and benefits.