Detica NetReveal® Recognized in Enterprise Fraud Management Report by Leading Analyst Firm

Detica Receives “Outstanding” Rating for Product Viability

MCLEAN, Va.--(BUSINESS WIRE)-- Detica today announced that its NetReveal solution was reviewed by Gartner, Inc. in its October 2010 “Enterprise Fraud and Misuse Management Solutions: 2010 Critical Capabilities” report.

Gartner defines Enterprise Fraud Management (EFM) as software that supports the detection, analysis and management of fraud across users, accounts, products, processes and channels. These solutions monitor and analyze user activity and behavior at the application level, as opposed to the system, database or network level, and watch what transpires inside and across accounts using any channel available to a user. EFM solutions also analyze behavior among related users, accounts or other entities, looking for organized criminal activity, fraud rings, corruption or misuse.

According to Gartner, Enterprise Fraud Management can be deployed to support various use cases, notably customer account takeover; internal fraud or misuse, organized crime and fraud rings; or a comprehensive EFM deployment that provides support for multiple use cases. Gartner evaluated nine vendor products that support EFM based on a set of critical capabilities across these use cases, including:

“Canned” intelligence and analytics
Business user interface for alert and policy management
Deployment and support simplicity
Channel -and product-specific coverage Entity link analysis
Real-time transaction support

The report found that users today require EFM solutions that manage and prevent fraud or unauthorized activities across different enterprise silos and systems. This promises to catch more fraud and increase organizational productivity by enabling fraud analysts to use the same fraud management tools across modules.

Detica NetReveal^® provides a single view of customers and scores individuals, applications and behaviors across an organization’s entire portfolio of products and brands. By uncovering these connections, users are able to identify and prevent previously undetected fraud, significantly increase investigator efficiency, support regulatory compliance and dramatically reduce false positives. Detica NetReveal^® is already deployed globally at top banking and insurance companies and within many government departments.

“Customers today recognize they need a powerful, cross-channel solution to identify fraudulent and collusive activity, combat organized fraud and uncover networks of suspicious behavior,” said Imam Hoque, Global Head of Detica NetReveal^®. “The Detica NetReveal^® solution provides organizations with a unique ability to target, disrupt and prevent organized crime, the fastest growing area of fraud. It provides out-of-the-box intelligence and analytics to give users a single view of customers and reveal the hidden relationships between people and data that cannot be found using conventional detection systems. Our advanced fraud detection models and unique social network analysis are proven in global deployments and have yielded significant ROI for our customers, with many experiencing return rates of 7-1 in year.”

Gartner predicts that the enterprise fraud and misuse management market will grow as enterprise users clarify their wants and needs. The banking sector is many years ahead of other sectors in their adoption of sophisticated fraud management tools, with insurance, healthcare and government also growing quickly as they seek to reduce fraud and misuse costs.

About Detica NetReveal^®

Detica NetReveal^® is a revolution in fraud detection. By uncovering the hidden relationships between people and data, Detica NetReveal^® can detect both simple opportunistic and large-scale organized fraud currently hidden within an organization’s systems. In addition, by running high-speed checks at the point of application, Detica NetReveal^® can help companies to stop fraudsters before they become customers.

For further information, please visit www.deticanetreveal.com

Detica, Detica Consulting LLC and Detica Limited product names are registered trademarks or trademarks of Detica Limited in the UK and in other countries. Other brand and product names are registered trademarks or trademarks of their respective companies. Detica Limited is registered in England under number 1337451 and has its registered office at Surrey Research Park, Guildford, England, GU2 7YP.

About Detica

Detica specializes in collecting, managing and exploiting information to reveal actionable intelligence. We use this capability to help government and commercial clients reveal intelligence, maintain security and strengthen resilience in today's complex operating environment. We also use our skills to assist clients with other information-intensive problems such as achieving regulatory compliance and understanding customer behavior.

Detica is a BAE Systems company.

For further information, please visit www.detica.com.