Entity Resolution & Social Network Analysis

Uncover who's who, and who knows whom

Overview


Across public and private sectors, organizations are increasingly targeted by organized fraud rings, committing financial crimes through bust-out fraud, fraudulent health claims and more. FICO® Identity Resolution Engine adds a critical dimension to the fight against fraud by resolving the true identities of perpetrators, and proactively revealing fraud rings.

Using enterprise and third-party data, FICO Identity Resolution Engine discovers social network relationships between people, entities and activities and provides actionable fraud analytics. 

In numerous industries –– financial, healthcare, insurance, government and more –– FICO Identity Resolution Engine significantly reduces fraud by accelerating the discovery of highly sophisticated, and organized, financial criminals.

 

Solution Architecture

FICO® Identity Resolution Engine

FICO® Identity Resolution Engine significantly advances organizations’ fraud investigations by first analyzing data across product lines and geographies, matching information across accounts, identifying linkages and networks, and then scoring those links. If a ring connections indicate a risk of organized fraud, FICO Identity Resolution Engine creates an alert using a visualization tool to display the linkage. Financial institutions, insurers and any organization granting credit can realize direct financial benefits (a reduction in fraud losses) and indirect financial benefits (improved workflows, and greater collections efficiencies) from FICO Identity Resolution Engine.

Available Products

FICO® Identity Resolution Engine

Product overview

FICO® Identity Resolution Engine (IRE) adds a critical dimension to the fight against fraud by resolving the true identities of perpetrators, and revealing fraud rings.  Using enterprise and third-party data, FICO Identity Resolution Engine discovers social network relationships between people, entities and activities and provides actionable fraud analytics. 

IRE is put to use in numerous industries across both public and private sectors , to target the detection of organized fraud rings, committing financial crimes through bust-out fraud, fraudulent health claims and more.

Also provided as a software add-on to the Falcon Platform, FICO Identity Resolution Engine significantly reduces fraud by accelerating the discovery of highly sophisticated, and organized, financial criminals.

FICO® Identity Resolution Engine

FICO Identity Resolution Engine for Anti–Money Laundering

Product overview

FICO® Identity Resolution Engine (IRE) adds a critical dimension to the fight against fraud by resolving the true identities of perpetrators, and revealing fraud rings.  Using enterprise and third-party data, FICO Identity Resolution Engine discovers social network relationships between people, entities and activities and provides actionable fraud analytics. 

IRE is put to use in numerous industries across both public and private sectors , to target the detection of organized fraud rings, committing financial crimes through bust-out fraud, fraudulent health claims and more.

Also provided as a software add-on to the Falcon Platform, FICO Identity Resolution Engine significantly reduces fraud by accelerating the discovery of highly sophisticated, and organized, financial criminals.

FICO® Identity Resolution Engine

FICO Identity Resolution Engine for Anti–Money Laundering

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Fighting Insurance Fraud with IRE

Fraudulent individuals and criminal rings plague the property and casualty and life insurance industries with a variety fo schemes resulting in significant fraudulent claims payouts. Insurers' rules management system sand claims coring models help identify and stop payment on some of these clamis through analysis of data on the claims themselves.  However, another rich source of data has been largely untapped by the industry: personal attribute data on claimants, and on other individuals related to the claim or claimant.

Learn how, with FICO® Identity Resolution Engine, insurers can strengthen their current analysis of claims with an added perspective on risk associated with individuals.