According to a recent survey from the Financial Services Agency (FSA), Insider fraud is the most costly form of fraud loss for corporations. In financial services alone, Insider threat is expected to cost close to $1 BN in 2010. To reduce your risk, you need a solution that is capable of not only screening against known perpetrators; it must be able to detect hidden social network relationships.

Infoglide offers a comprehensive solution for screening and detecting against common employee fraud problems, such as policy violations, embezzlement, theft of customer or bank assets, and theft of customer data. Infoglide’s similarity search solution is capable of scanning multiple data sources in real-time to identify linkages between employees, vendors, applicants and other third parties such as suspected criminals, arrests, trading records, etc.

Additionally, with Infoglide’s non-obvious relationship analytics (NORA) module, organizations can recognize suspicious relationships within social networks related to employees, vendors, applicants, and other third parties.

Key benefits include:

• Automate and support the entire fraud management process – from detection and alert review, to investigation, resolution and oversight with Infoglide’s alert based workflow system.
• Ability to process information data where it lives without requiring normalization or building an intermediate data warehouse.
• Built around highly scalable best of breed Identity Resolution matching engine that reduces false positives and false negatives.
• Service Oriented Architecture
• Can be delivered as a deployed enterprise solution or a hosted OnDemand
• Prebuilt industry adapters, yet highly configurable solution speed time to market