Product Profile

Clari5 Enterprise Fraud Management

CustomerXPs Software

First Release Date: 12.01.2010

Current Version: Version 4.8 released in June 2016

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Language Support:

English

Technology Category: Security & Compliance Authentication Compliance/Monitoring Fraud Detection Know your customer (KYC) Cloud Software as a Service Transaction Banking Management Risk Management

Screenshots & Video

Product/Service Description

Clari5 is a next gen enterprise platform for real-time intelligence, using the best of technology for the most cost effective real-time intelligent solutions for financial institutions in the financial crime risk management domain. Clari5 real-time intelligence solutions are deployed enterprise wide using commodity hardware in some of the biggest global banks. Clari5 Enterprise Financial Crime Management Solution suite provides real-time anti-fraud and anti-money laundering capabilities on a unified real-time intelligence platform.

Clari5 Enterprise Fraud Management (EFM) is a real-time Enterprise Wide Fraud Detection, Monitoring and prevention solution that monitors suspicious patterns across transactions, events, users, accounts, systems in real-time and responds with the right action to pass or block transaction, or generate real-time alerts for manual investigation.

Customer Overview

Total Number of customers undisclosed

Customer Size Large Enterprise

Customer Type Central Banks , Commercial Banks , Corporates , Other

Target Market Africa , Asia , Australia/New Zealand , Europe , Global , North America

Specific georgaphical coverage undisclosed

Pricing Model undisclosed

Demo & Case Study Urls https://www.customerxps.com/clari5/download_docume... http://www.fintech.finance/fintech-tv/rivi-varghes...

Features

Proactively combats cross channel, cross product fraud across the enterprise real-time
Customer aware solution that monitors 360 degrees digesting all transactions and actions
Silo Breaker solution that combats sophisticated fraud with real-time, actionable insights
Employs intelligent models based on neural network, time series and complex analytics to deliver insight

Benefits

Perform fraud prevention in real-time as banking transactions occur
Prepackaged Scenarios and built-in interfaces across Products/Channels to achieve quick ROI
Dynamically profiling suspicious devices, cards, merchantsor payees for preventing fraudulent transactions
Expedited fraud investigation based on Investigation Workbench and Integrated case management
Integrated reports and dashboard giving insights on the efficiency and effectiveness of the fraud prevention

Platform & Workflow

Server OS AIX (IBM) , Linux (Red Hat, Mandrake, Debian, SuSe, etc.)

Workstation OS Windows , Unix , Linux , Mac

Programming Language and API Java, REST API

SetUp and Installation Options undisclosed

Deployment Period undisclosed

Reporting Capabilities

Cash Transaction Reports, Suspicious Transaction Reporting / Suspicious Activity Reporting, Non-Profit Transaction Reporting, Counterfeit Currency Reporting, Cross-border Transaction Reporting. Management Reporting - Role based Management Reporting and Dashboarding using embedded Enterpsise BI platform

Security Options Clari5 Solution supports SSO. Clients can also integrate Clari5 solution with existing authentication servers (LDAP/AD).

The product/service compliant with the following regulatory standards BSA , FATF guidelines on AML , FFIEC