NetReveal a risk, fraud & compliance suite

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Overview

NetReveal® from BAE Systems is a risk, fraud and compliance suite deployed by more than 170 clients across five continents, including five of the world’s top 10 financial institutions. Our offerings combine behavioral analysis and machine learning with advanced social network analysis to identify high-risk activity. The Applied Intelligence division within BAE Systems has a proven track record of enabling institutions meet AML regulatory compliance requirements detect fraud, improve operational intelligence and reduce financial losses and safeguard reputational risk.

The NetReveal portfolio of solutions spans:

AML Regulatory Compliance

NetReveal compliance solutions address all core aspects of a successful anti-money laundering and financial investigations program including:

  • NetReveal AML Transaction Monitoring
  • NetReveal AML Parameter Optimization
  • NetReveal AML Transaction Monitoring Optimization
  • NetReveal AML for Correspondent Banking
  • NetReveal Customer Due Diligence/Know Your Customer (CDD/KYC)
  • NetReveal Sanctions & PEP Screening
  • NetReveal Regulatory filing
  • NetReveal Transaction filtering
  • NetReveal Managed Analytics Service

NetReveal (P&C) Insurance Fraud
The NetReveal P&C Insurance Fraud solution provides insurers with the ability to detect, investigate and prevent fraud across all Property & Casualty lines of business, at the point of quote, policy inception and at point of claim, whilst at the same time minimizing the impact on genuine claimants and streamlining them through the claims process. The solution is available as a cloud-based subscription service or price per claim model with low upfront capital expenditure and predictable long-term operating expense or loss adjustment expense. Insurers benefit from a managed service with regular model tuning and system upgrades in line with product development.

Other business areas include National consortium and data pooling fraud detection initiatives.

Banking Counter-Fraud Solutions

NetReveal protects against internal and external fraud and covers the full customer lifecycle. Applicable banking sectors include retail, commercial & corporate banking, private banking and wealth management.
Solutions include:

  • NetReveal Payments Fraud

    The NetReveal Payments Fraud solution enables holistic protection against payment fraud in the open banking ecosystem by combining both monetary and non-monetary activity information to derive more accurate fraud risk indicators. It provides broad coverage for cross-channel payments, automates interdiction to block fraudulent payments in real-time, and minimizes the impact to your institution and customers.

  • NetReveal Check and Deposit Fraud
    NetReveal Check and Deposit Fraud delivers a comprehensive, pre-packaged approach, supplying an institution with the critical capabilities needed to manage suspicious and/or potentially fraudulent deposit activity.

  • NetReveal Card Fraud
    NetReveal provides issuing and acquiring solutions for real-time detection and prevention of card fraud. The end-to-end process is thus managed, from detection to investigation to resolution, within a single financial crime platform.

  • NetReveal Application Fraud and Account Monitoring
    NetReveal safeguards financial institutions against first-party fraud.It identifies suspicious individuals, behaviors and relationships at the point of application and throughout the account lifecycle.

NetReveal Tax & Benefits Fraud

NetReveal provides solutions for governments looking to identify fraud, error and debt across tax and benefits sectors.

NetReveal Unauthorized Trading
NetReveal is a cross-asset class solution that detects unauthorized trading incidents in investment banking. It comprehensively risk assesses traders across the trade lifecycle and detects market abuse.

NetReveal Enterprise Case Management
NetReveal empowers organizations to make risk-based decisions faster and more accurately, enabling rapid identification and response to the highest priority fraud and compliance threats. The intuitive dashboard brings together a wide variety of investigation types and data sources to provide a powerful 360˚ view of the customer lifecycle across all products and channels.