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Fraud Detection
SPSS Professional
Services has successfully delivered a Fraud Detection pilot
project to a large Australian insurance organisation. Thus far the
solution has completed through a pilot stage, though further
stages are sure to follow.
We worked together with
client staff using a large data extraction for approximately
three weeks. The client was particularly concerned to both
detect instances of known past frauds (in order to evaluate the
ability and effectiveness of the software to find actuals) and
to find possible new occurrences. We succeeded on both counts,
providing a list of suspect persons and activities to follow
up. They were particularly impressed that we were able to
identify suspects in such a short time frame, compared to the
months that it had taken them to locate the fraud using their
current tools.
The client is now
actively investigating the new possible cases to determine if
any fraudulent activity is indeed taking place. They are also
determining how best to use Clementine software within their
organisation if and when they purchase. |