TIBCO SOFTWARE INC in Fraud Detection Software

TIBCO Software INC provides financial fraud accelerator to prevent financial frauds by using TIBCO Spotfire Analyst which has benefits such as: Identify false positives by using machine learning, Faster Incident Resolution, Faster Surveillance Deployment, Flexible Surveillance Scenarios.

Features:

• Supervised and Unsupervised Models: Data is analyzed against both a supervised and unsupervised model to produce a score that indicates the probability of fraud.
• Real-time Transaction Scoring: By scoring transactions as they happen, the user can respond to raised alerts provided by an event processing platform and create a case that facilitates the investigation of potential fraud.
• Case Management: Capture inputs from historical data, surveillance analyst notes, and transaction log extracts to determine what’s fraud and what’s not.
• Event Processing: Detect fraud by using a combination of event processing and analytics rather than a series of concrete rules for detection.