Every day, businesses globally rely on data analytics to automate fraud prevention, slash costs, and boost profits. Despite traditional best practices such as regular audits and strict compliance requirements, fraud across all industries increases year on year.
We take a different approach. With the PARALLAXperspective, we view and analyze existing data with the human risk factor in mind. Using this approach, we are able to detect potential human manipulation and collusion from millions of disparate data points that might otherwise go unmonitored. This combination of investigative anti-fraud expertise and an innovative technology, provides a unique and effective approach to combating fraud, theft, waste and abuse.
The PARALLAXperspective provides an effective and proven solution for fraud detection through the use of advanced data analytics, link analysis, and the best-practice knowledge of fraud experts. With these tools, we are able to identify and define patterns and links indicative of fraud.
This timely and accurate business intelligence provides clients with crucial insights needed to proactively mitigate risks and improve compliance throughout their organizations.