Secure Your BFSI Future: Untangling Data, Exposing Fraud and Upgrading Security with Graph

4 Mar 2024

Imagine a tangled web of information, where traditional databases struggle to untangle the threads. That’s what a traditional database is like. Despite storing massive amounts of information, many companies are still unable to unlock their data’s full potential.

What if there was a way to simplify connections and map out data in an easy but comprehensive way? That’s exactly why many companies today are now investing in Graph Technology to revolutionize the way they access and store their data. 

“In three months, a fully built platform for deployment and production was enabled– resulting in a 35% uplift in fraud detection within a year.”

With lightning-fast queries, massive scalability, and advanced pattern recognitions, graph tech allows analysts to unravel complex datasets to fight fraud, monitor risks, and optimize operations. In other words, data becomes easier to understand, access, and use!

Of course, all of this isn’t just theoretical. In fact, Graph Technology helped the world’s 2nd largest bank detect criminal rings. In three months, a fully built platform for deployment and production was enabled– resulting in a 35% uplift in fraud detection within a year.

By implementing graph technology into its system, the bank was able to find hidden connections across 20TB+ of data. As a result, they were able to expose fraud rings, shut down connected credit cards, and combat fraudulent activity on a massive scale. Less than $1.5M through cost savings on false positives, infrastructure, and TCO.

Reduce and Manage Risks with:

  • Anti-Money Laundering (AML)
  • Fraud Protection
  • Cyber Security Threat Detection
  • Risk Assessment and Monitoring

With lightning-fast queries, massive scalability, and advanced pattern recognitions, graph tech allows analysts to unravel complex datasets to fight fraud, monitor risks, and optimize operations.

Discover Graph Technology by Booking a Meeting!