Anomaly Detection Platform - PwC's Anomaly detection, transaction monitoring & fraud prevention software
Drive auto-reconciliations and tackle business & fraud risks by detecting anomalies & continuous transaction monitoring
Streamline reconciliations, anomaly detection, transaction monitoring and fraud prevention
Reconciliation, Anomaly Detection and Transaction Monitoring are complex business challenges that are both time consuming & prone to errors.
Deployable on cloud or on-premises, reconcileiation and anomaly detection tool is an AI-driven software that helps automate reconciliation by detecting and preventing anomalies through continuous transaction monitoring including uncovering unknown patterns and risks using unsupervised ML methods.
Reconcilaition and anomaly detection challenges
Different data types | Multiple and siloed sources
Manual processes
Statutory and Regulatory compliance challenges
Overlooked complex data issues
Key Features Of Our Anomaly Detection Software
Anomaly Detection Platform offers a unique set of capabilities to handle all these challenges and help CFOs in taking control of the reconciliation process.
Artifitial intelligence and machine learning based anomaly detection- It is an AI-driven digital platform which can drive auto reconciliations based on data ingestion and automatic rules engine.
01
Realise full data coverage
Analyse complete data for improved anomaly detection and transaction monitoring by eliminating reliance on sample data
02
Uncover unknown patterns
Use unsupervised ML methods to discover elusive outliers in any dataset without pre-labelling its data beforehand and uncover unknown-unknown risks to now known risk scenarios
03
Drive holistic visibility
Power continuous monitoring with workflows, real-time alerts and dashboards for effective exception management
04
Demonstrate compliance seamlessly
Harness our platform’s powerful audit trails and custom reports to demonstrate compliance to internal and external stakeholders
Monitoring Anomalies, Reconciliations, and Transactions at a Glance
Deep domain know-how
- PwC has deep domain knowledge and local regulatory and compliance expertise necessary for solving anomaly detection and transaction monitoring
- Our solution is built on the insights from PwC professionals across AI/ML, risk, compliance and RegTech teams, and will help you remain informed of the ever-evolving risks
Explainable ML model
- Our ML models have been designed with ‘explainability’ as a central pillar to empower even non-ML users to derive insights and use them meaningfully
- This ability to signify the rationale of ML outputs to both internal and external stakeholders is key to driving successful ML adoption for business benefits
Platform accessibility
- Our platform, with its open architecture, can be easily integrated with existing systems and applications, and tailored to cater to multiple business use cases at a low cost, making this a sustainable solution
- Moreover, our flexible deployment option, either via cloud or on premise, makes for rapid deployment
