Financial Crime Prevention in Real-time
IRIS Analytics is a developer of financial crime prevention software solutions.
We deliver our solutions directly to our business partners, who include it in their offerings to banks and financial institutions.
We also deliver professional services for the implementation and operation of our solutions, both through our business partners and directly to banks and financial institutions.
We combine leading AI with real-time processing
Our fraud prevention solution protects large volumes of payments every year globally. Implementations of our solution are used with some of the largest payments portfolios existing.
This requires processing thousands of payment requests per second. Responding within only a few milliseconds. And to be able to compute hundreds of behavioural features for each of these payment requests and apply AI scoring all within those milliseconds.
This is particularly challenging as the performance of the behavioural features is the major influencing factor of fraud prevention performance. We have solved this with the technology we developed. As a result, our customers get the lowest fraud at a fraction of the false positives.
Deep expert knowledge on payment fraud prevention
.svg){kind=icon}
Our solution is delivered on-premise, 24*7 around the world or hosted and serviced
.svg){kind=icon}
Embeds leading AI tools from IBM, Microsoft, Google, AWS, and open source
Empowering rules with GenAI
Our technology combines fraud experts ability to express fraud detection in rules with the capability of ML/AI to create efficient scoring models.
In addition to this, we have developed a GenAI approach to create rules, as a specific type of "language" from data using machine learning. This enables fraud experts to work with the results of machine learning in detail that has demonstrated to enable the fast reaction to emerging and changing fraud patterns.
Learn more about solutions?
Your fast path to business outcome
Leveraging our technical expertise, the proven fraud detection performance of our solution, AI and Analytics, we deliver you business outcome in the shortest time.
Seasoned Consultants
Our team brings a unique blend of traditional and modern expertise, with extensive experience in conventional fraud prevention methods as well as experts in ML/AI technologies. This cross-disciplinary approach ensures a comprehensive understanding of the evolving fraud landscape.
Fraud Risk Assessment
Benefit from personalised risk assessments that consider both historical data and emerging patterns. Our consultants conduct a thorough analysis of your payment types and channels, processes, and policies to design a multifaceted fraud prevention strategy specific to your business.
Fraud Prevention Roadmaps
Craft strategic roadmaps with our consultants that align seamlessly with your business goals and objectives, risk appetite, and compliance requirements. We leverage our extensive experience to provide insights into emerging threats, ensuring that your fraud prevention strategy is both proactive and adaptive.
Customized Solution Deployment
We tailor our solutions to suit your specific needs and deploy it strategically across your payment infrastructure. Our implementation team, comprised of senior subject matter experts, possesses rich experience in implementing complex fraud prevention solutions.
Fraud Prevention Model
Leverage our experience in building and deploying customised fraud prevention models for any type of payment. Our team ensures that the integration is tailored to your unique business requirements, maximising the strengths of traditional and ML/AI approaches for optimal effectiveness.
Monitoring and Analysis
Define and implement meaningful performance metrics and reporting mechanisms to gauge the effectiveness of your fraud prevention efforts. Establish a robust monitoring system with real-time analysis capabilities to proactively detect and respond to emerging fraud trends.
Training Programs
Elevate your team's capabilities through our tailored training programs. Our consultants provide training programs that cover established practices and the latest advancements, equipping your staff to combat a broad spectrum of fraud threats.
Enterprise level
You may combine use cases and payment types into one solution implementation. This enables the detection of inter-channel fraud through the creation of a 360° view on customer and counterparty behaviour, as well as a complete view of unfolding crime.
Health Checks
Our team reviews and analyses your current configuration from both a technical and model point of view. With our Health Check Report including best practices and recommendations, you will be able to optimize memory and disk usage, improve throughput and latencies, and bring your fraud prevention model to the next level.
The ultimate solution for Financial Crime Prevention
We offer a proven solution for preventing payment fraud and financial crime. Using Open AI technology, we offer hyper scalability and seamless integration to protect your business.
Deep expertise
Reduction in actual fraud losses
Ultra low false positives
Connect and run
