Actimize Unveils Employee Fraud Prevention Solution

Four Top-20 US and UK Banks Are Already Using or Recently Selected the New Solution for Prevention and Early Detection of Employee Fraud

NEW YORK--( Actimize, the leading provider of transactional risk management software for the financial services industry, today unveiled a new Employee Fraud Prevention Solution, which is already being deployed at four top 20 banks in the United States and the United Kingdom. To combat the growing threat and increasing sophistication of employee fraud, the new solution from Actimize gives banks the analytic infrastructure and tools to monitor transactions and automate fraud detection.

The Employee Fraud Prevention Solution from Actimize is a third-generation solution enabling financial institutions to automate rules and queries while connecting disparate information sources and systems like transactional, call center, human resource, physical and system access data and monetary movements; then delivering suspicious behavior alerts and offering investigators the ability to drill-into the data and ask their own unique questions. Generations beyond manual searches and automated database queries still used by many banks today, the application