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Wednesday, March 21, 2012

ACI Worldwide Named a Leader in IDC Marketscape: Financial Crimes Management 2012 Vendor Assessment


ACI Worldwide Named a Leader in IDC MarketScape: Financial Crimes Management 2012 Vendor Assessment

Proactive Risk Manager™ Recognized for Real-Time Pattern Recognition Abilities, Customizable Alerts, and Reporting Options
Wednesday, March 21, 2012
ACI’s ranking is based on its flagship fraud detection product, Proactive Risk Manager. IDC Financial Insights stated, “Proactive Risk Manager's greatest strength is its integration with ACI's other payment products, particularly its BASE24-eps card processing system and its MTS wire and ACH systems. This integration enables Proactive Risk Manager to operate almost entirely in real time. Real-time alerting and decisioning continues to be a primary selling point, reflecting the product's roots in the card market.”
Shesh Gorur, vice president & product line manager, ACI Worldwide, said, “We are delighted to be recognized as a Leader by IDC in this report. Our goal is to provide a product that is both flexible and powerful, supporting our customers’ current needs while allowing them to react to the evolving world of payments fraud.”
As defined by the report, financial crime management includes the IT solutions that anticipate, detect, analyze, and prevent fraudulent transactions, money laundering, and employee financial misconduct through the use of one or more of the following: decision trees, neural networks, predictive scoring models, network link analysis, scenario matching, data mining, case management, and entity and device profiling.
Proactive Risk Manager is a comprehensive enterprise fraud detection solution to help card issuers, merchants, acquirers and financial institutions combat financial crime. By monitoring account activity across all lines of business, Proactive Risk Manager enables users to see more fraudulent activity in a shorter amount of time, minimizing losses and helping to preserve the customer relationship. Proactive Risk Manager combines the power of predictive analytics and expertly defined rules for fast, accurate and flexible response to the evolving and growing nature of fraud and money laundering.

For more information on Proactive Risk Manager please visitwww.aciworldwide.com/proactiveriskmanager.

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