Technology

NetEconomy's solutions (Anti Money Laundering, Fraud Prevention, Market Surveillance and Employee Fraud detection) are designed to be:

• Accurate: reliable results, reduced false positives, higher hit rates
• Productive: increase your productivity with easy–to–use interface combined with case management
• Scalable: can be easily expanded to handle your growing business and customer base
• Flexible: Seamlessly integrates into existing IT infrastructures
• Extensible: System extends from AML to fraud detection and other applications
• Cost–effective: Microsoft environment reduces TCO

Advanced Technology – Proven Results

Fast and Accurate Anomaly Identification

Most risk management systems rely on the creation of rules (or training, in the case of neural networks) to detect suspicious activity. Used alone, these approaches can produce excessive false positives. In worst case scenarios, they can fail to detect money laundering, fraud or terrorist financing activity.

NetEconomy avoids these problems. It combines multiple approaches (including profiling, peer–group analysis and rules) with its Suspicious Activity Monitoring engine (SAM™). This results in fewer, more accurate alerts. With fewer alerts, users can be more productive, with more time to focus on other critical functions.

Technology that Reduces Workload

The true value of technology is in simplifying the work of users. NetEconomy automates a full range of functions to reduce users’ workload. This includes accurate transaction detection, rich investigative tools and case management, as well as automated tasks such as report generation. NetEconomy supports different workflows covering the four basic steps of the risk management process: alert, investigate, track and report.

System Requirements

NetEconomy runs on a standard server network under Windows 2000 and 2003. It uses MS SQL Server 2000 as an internal database. Portable and extensible, NetEconomy readily integrates into customer IT environments. Importantly, it interfaces with all standard network protocols, transactional databases, and customer information systems.

Highly Scalable, Distributed System

Designed within a scalable, distributed architecture, our software does not require investments in expensive computer equipment or complex data warehouses, even for large–scale operations. NetEconomy meets control and security standards, adheres to privacy standards, and offers highly reliable systems guaranteeing the availability of hardware and software environments including appropriate back–up and redundancy systems. In addition, NetEconomy is a proven production platform with implementations ranging from single installations with 10,000 accounts to global implementations with multiple sites and servers monitoring millions of transactions.