An Agile Fraud Management System for Communications Service Providers
|As the communications market evolves and the complexity and speed of introduction of new services increases, so do the opportunities for telecom fraudsters and the need for more speed and flexibility in your fraud management processes. Lavastorm Fraud Manager takes an entirely new approach to fraud management. Based on an analytic platform that is completely adaptable, Lavastorm Fraud Manager provides CSPs with an agile fraud management system that offers unprecedented speed and flexibility and empowers CSPs to uncover and minimize known – and future – fraud risks faster than ever before.|
A Comprehensive Fraud Management System (FMS)
Lavastorm Fraud Manager is a comprehensive fraud management system (FMS) that allows you to analyze data from any source, investigate hypotheses to discover new patterns and root causes, identify fraudulent activity in real time, and manage workflows that eliminate threats.
Key features include:
- Configurable Fraud Analytics and Profiles – Lavastorm Fraud Manager includes powerful fraud analytics, including a fraud social network module, SIM Box module, velocity fraud module and fuzzy matching module.
- Case Management Environment – A visually rich web-based environment presents relevant customer, use, alarm, and historic data so you can have a clear and complete view of each case.
Shortens Deployment Time by 75% or More
Lavastorm Fraud Manager comes with Fraud Management Essentials, a collection of pre-defined alarm rules, aggregates, workflows, hotlists, reports, user structures, case management structures, CDR fields, customer details, and profiles that capture Lavastorm Analytics’ best practices for fraud management and shorten deployment time by 75% or more.
Agility Offers Advantages over a Traditional FMS
Lavastorm Fraud Manager offers CSPs a wide range of advantages and benefits over a traditional FMS, including:
- Reduces deployment time by 75% or more
- Improves reaction time of CSPs and analysts with features such as real-time monitoring and alarming and hourly call trend analysis.
- Increases fraud detection with its ability to look for intricate fraud patterns and uncover and mitigate more fraud risks, including new and obscure threats.
- Increases fraud hit rate with customizable early warning rules, fuzzy matching criteria for new subscribers, and special profiles for new subscribers.
- Offers greater investigative powers for analysts with comprehensive views of all relevant data and dynamic query capabilities available from within the case management tools.
Powered by an Award-Winning Analytic Platform
The flexibility of Lavastorm Fraud Manager comes from the award-winning Lavastorm Analytics Platform and its Lavastorm Transaction Warehouse and Lavastorm Resolution Center. The Lavastorm Analytics Engine can also be added, allowing analysts to conduct ad hoc analysis in and around Lavastorm Fraud Manager.