Our client aimed to build a customer risk assessment tool to tackle risk assessment, fraud prevention, and compliance challenges. Key obstacles included limitations of the existing legacy platform, building a new data ecosystem, and implementing various risk assessment strategies.
As the strategic technology partner, we proposed a comprehensive solution:
Enhanced fraud detection and financial crime prevention through advanced Neo4J analytics, improved transaction insights, and blacklisted entity links. The updated data ecosystem improved agility in transaction analysis and risk assessment while notably cutting legacy platform license costs.
A meticulously crafted risk assessment tool led to enhanced fraud detection, improved transaction insights, and swift response times, all while reducing legacy platform license costs.