Every institution that faces the threat of fraud needs to be proactive and use the right management tools to prevent and investigate possible fraud. Of equal importance is the need to have in-place a fraud management system that addresses all aspects of the Bank Secrecy Act as well as contend with complex money laundering schemes to ensure regulatory compliance as protection of the institution's stakeholders. An Aithent Case Management Solution deployed throughout an enterprise, across multiple business segments as a single database empowers the organization to understand and mitigate fraud risk effectively. Collaboration, workflow, document management, alert management, interactive investigation and on-demand reporting capabilities streamline the investigative processes. Aithent Fraud Manager, a comprehensive case management solution for financial crime investigations, is a proven efficient solution that expedites the investigative process and helps to prevent additional loss of revenues from the outset.
Fraud investigators or analysts begin using Aithent Fraud Manager to create profiles of individual cases. As others are added a correlation process proactively detects patterns of fraud. This alerts case managers to the fraud so funds are not paid out improperly. Fraud Management features includes access to multiple reports that summarize, detail key statistics and metrics and functions to redirect investigations, if necessary, re-assign cases and more.