Anomaly Detection Platform - PwC's anomaly detection, transaction monitoring & fraud prevention software
Drive auto-reconciliations and tackle business and fraud risks by detecting anomalies and continuously monitoring transactions.
An award-winning GenAI powered solution that is designed to offer seamless reconciliations, continuous transaction monitoring and anomaly detection.
An award-winning GenAI-powered solution designed to offer seamless reconciliations, continuous transaction monitoring, and anomaly detection.
The risk of fraud is ever-present and continuously evolving. Traditional methods of financial reconciliation sometimes fall short – while they can identify known anomalies, they leave an organisation exposed to newer, less detectable risks and thereby to legal, reputational, and financial risks.
Reconcilaition and anomaly detection challenges
Different data types | Multiple and siloed sources
Manual reconciliation and anomaly detection processes
Statutory and regulatory compliance challenges
Overlooked complex data issues
The Anomaly Detection Platform offers a unique set of capabilities to handle these challenges and help CFOs take control of the reconciliation process
Artificial intelligence and machine learning-based anomaly detection – It is an AI-driven digital platform which can drive auto-reconciliations based on data ingestion and an 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
