Case Study
Detect Reduce Increase
By implementing TIBCO’s anomaly-detection software on Microsoft Azure, financial institutions can increase the accuracy of their fraud detection systems, reduce false positives, and prevent fraudulent transactions. In addition, by reducing the number of false positives reviewed by agents, financial agencies can significantly reduce costs and increase the efficiency of their fraud detection programs. Preventing Financial Crime Financial institutions face significant losses and risk from fraudulent transactions, including direct losses, fines, and the cost of fraud-detection itself. To find and combat financial crimes, institutions must identify suspicious transactions among millions processed every day. They typically use rules-based systems that flag potential fraud, which i