"ORANTA Insurance" implements the system of information analytics of fraud risks

In May, 2012 the command RDTECH began development of a large-scale information and analytical system by assessment and risk management of fraud in ORANTA insurance company.

Background

One of important components of making decision on insurance of the partner is verification of his data regarding financial reliability for minimization of possible risks. This research is conducted by service of economic safety of "SK "OPAHTA"" and assumes complex analytical assessment work and to risk management. Such activity is labor-consuming and difficult as the analyst needs not just to collect and study large volumes of information, but also to find the hidden communications and patterns in the different facts.

Product

The specialized systems intended for security services can solve a problem of process automation of this kind. The RDTECH company proposes to the market the standard solution on the basis of product IBM i2 considering specifics of the Russian Customers.

Expectations

Use by analysts of this system will increase data processing rate and will provide more exact and objective risk analysis of fraud. The visual reports created by a system report to the user results of a research in an evident form that considerably facilitates work of the analyst and increases its efficiency. A system will process much quicker large volumes of information and to provide analytics the complete and objective list of relevant risks on each partner for further work.

The implemented information and analytical solution will allow "SK "OPAHTA"" to avoid possible financial losses due to automation of the main business processes of service of economic safety, thereby increasing company performance in general.