Empower credit risk and recovery teams to take data driven decisions and uncover fraud
Banks & NBFCS
A continuous rise in fraud and NPA’s are detrimental to the health of the banking sector. There is extensive pressure on banks to detect threats early on and take corrective action. However, this is easier said than done. Limited access to information, varied data formats and reliance on manual efforts for analysis and decision making leave much scope for error.
With iAcuity credit, risk and recovery teams can easily analyze volumes of data to make effective decisions. Whether evaluating credit worthiness of a customer, monitoring health of a loan or investigating utilization in an NPA, iAcuity provides actionable insights. Our automated analysis of transaction data, company accounts and external information empowers banks to reduce risk and improve recovery from NPAs.
Adopt an Automated Approach to Risk and NPAs
Make effective decisions on recovery process of NPAs
Detect fraud and diversion of funds
Benefits
Upload data in any digitally readable format. No more data transformation, normalization, and cleansing efforts. Fund Trail automatically validates data and starts analysis.
Analyze billions of transactions across multiple accounts, bank statements and ledgers. Fund Trail is the perfect tool for complex analysis involving millions of transactions.
Fund Trail helps follow the money trail. Investigators can easily see unreported related party transactions, diversion of funds or suspicious transactions.
Detect accounting fraud and missing ledger entries. Fund Trail provides a detailed transaction by transaction comparison and reconciliation between ledgers and bank statements.
Track changes in revenue, expenses, inventory, and other parameters of the business over the investigation period.
Built in case management allows each investigator to manage multiple investigations at a time.
Data privacy is critical especially when entities are under investigation. iAcuity uses advanced encryption techniques to ensure data is only accessible to authorized personnel. Furthermore, Fund Trail monitors user activity and data access logs to provide a security audit for each case.
Fund Trail can be deployed in the cloud or on-premise providing agencies with flexibility of deployment.