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Accenture to Help Organizations More Effectively Detect and Remediate Fraud and Abuse with New Advanced Analytics ApplicationsApplications help banks, telecommunications companies, government agencies and manufacturers make more informed decisions in order to reduce losses | ||
New York, United States Accenture (NYSE: ACN) is launching seven new advanced analytics applications to help organizations more effectively detect and remediate fraud, and ultimately reduce losses to improve their bottom lines. Designed specifically for banks, telecommunications companies, government agencies and manufacturers, the applications provide users with tailored analytics insights via visualizations that can enable more confident, data-driven decisions on strategies to address fraudulent activity.
“As fraudulent behavior can come in many different forms and morph quickly to stay under the radar, organizations across industries are seeking solutions that can help them to quickly identify and reduce this activity to decrease losses,” said Kieran Towey, managing director, Accenture Analytics. “Recognizing the need for speed, Accenture’s new analytics applications can be ready for use in as little as a few weeks, informing more effective actions that can eliminate risky activities straightaway. The faster we can help our clients to find fraudulent and abusive activity, the faster the steps can be taken to end it.”
The new applications were developed in the Accenture Analytics Innovation Center in Dublin, Ireland, Accenture’s global center of excellence for predictive analytics that targets fraud, abuse and non-compliance. The new advanced analytics applications are:
For Banks
For Government Agencies
For Telecommunications Companies Predictive Fraud Detection – Detects the likelihood of fraudulent behavior – such as an individual posing as a legitimate customer who receives a service but won’t pay for it – by analyzing internal company and external data to determine the risk factors and level associated with each service user and alerts audit managers of risky behavior.
For Manufacturers Warranty Analytics – Estimates the probability of suspicious activity that involve warranties, either individual claimants or authorized agents. The application provides insight into warranty issues and offers prioritized actions that could help to solve them.
Additional details on the Accenture Insights Platform and existing advanced analytics applications can be found here.
About Accenture
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions—underpinned by the world’s largest delivery network—Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 373,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.
Accenture Analytics, part of Accenture Digital, helps clients to use analytics and artificial intelligence to drive actionable insights, at scale. Accenture Analytics applies sophisticated algorithms, data engineering and visualization to extract business insights and help clients turn those insights into actions that drive tangible outcomes—to improve their performance and disrupt their markets. With deep industry and technical experience, Accenture Analytics provides services and solutions that include, but are not limited to: analytics-as-a-service through the Accenture Insights Platform, continuous intelligent security, machine learning, and IoT Analytics.
For more information, follow us @ISpeakAnalytics and visit www.accenture.com/ |
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Media Contact Details
Shivangi Prabhudesai
Senior Associate +91 7045503316 |
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