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Discover how we have helped solve our clients' challenges across a range of industries

Maximise the efficiency of how you manage the activities within your organisation


Seamlessly configure and customise your platform with a comprehensive range of advanced plug n' play software apps and design tailored treatment strategies to outcomes that are aligned to specific commercial goals.

Whether its workflow management, link analysis, predictive analysis or other essential data applications AppStore has a comprehensive range of advanced and well proven functionality that will enable you to cost effectively transform your organisations approach to compliance or financial crime risk.

Experience the benefits of our risk management, financial crime and fraud prevention platform for yourself – talk to us about a proof of concept today

Private Sector

A comprehensive range of specific applications developed for private sector.

SIRA

The industry leading collaborative fraud prevention and detection solution.

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Precision

Secure the future of your business with the power of predictive insight.

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Sonar

Reduced risk, lower costs and a better customer experience through ongoing KYC, AML and customer remediation monitoring

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Orion

Identify links and networks associated with organised crime and prevent it from impacting your organisation.

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Case Management

A powerful suite of tools to enable additional information to be logged, updated and used for the management of risk investigations.

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RTQ Application Quote Screening

Our high performance, Real-Time Quote Screening service allows you to perform fraud checks at the point of quote.

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Transaction Monitoring System

Stay on the lookout for suspicious activity to promptly stop fraud and remove risk as it occurs.

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Public Sector

Advanced and successful applications developed for public sector.

AppCheck

Using NFI databases to enable public sector organisations or companies working within it to prevent fraud or mistaken payments from impacting them.

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FraudHub

Enables like-minded organisations to work together to prevent and detect fraud.

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Automotive

Our automotive solution can help improve your profitability through increased customer retention.

Auto Finance Renewal Platform

Provides dealerships with easy to use lead management and sales funnel functionality, allowing them to manage customer communications depending on where the customer is in their finance renewal cycle.

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Auto Finance Configurator

A scalable and proven application to optimise the credit, finance and insurance options automotive brands are able to provide to their customers online.

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Our platform in action

Discover how our platform is being deployed by some of our clients.

Addressing current account fraud using predictive analysis

Synectics Solutions have designed, piloted and deployed over 20 predictive models across 11 Tier 1 banks and insurance companies in the UK to help them improve their ability to prevent fraud, as well as substantially reducing the cost of doing so. To help companies without access to sufficiently relevant target data Synectics has also built a standardised predictive analytics fraud solution, for specific financial products, called Precision Standard. Customer Challenge Synectics Solutions recently worked with a well-known financial brand to help them deploy a successful fraud prevention solution, despite the client having no relevant product historical data in the geography they were launching in. The client wanted to ensure that when it launched its new Current Account it was optimising its fraud defences by utilising both the National SIRA fraud database, in conjunction with Synectics Precision predictive analytics capabilities. The following case study records the results of the proof of concept in preparation for the clients product launch. Business Need Optimise fraud prevention capability and reduce costs when launching new Current Account product. Solution Deployment of a standardised predictive analysis model in addition to SIRA fraud prevention solution. Benefit Ability to identify almost 70% of fraudulent applications while only investigating around 15% of referrals. Uplift in identification of fraud. Reduced false positives. Estimated savings of over £2 Million per year when product goes onto the market. Background Predictive analysis has become a widely used tool in financial services in the drive to improve fraud detection, and reduce investigation costs. However, many organisations struggle to deploy a viable predictive analytics programme because of a lack of sufficiently relevant or accurate target data, to build truly effective models. Because of Synectics unique position, as custodian of the National SIRA fraud prevention database, the company used its data science capabilities, and ability to leverage the National SIRA database, to successfully build a standardised product specific predictive fraud prevention model to identify fraud - despite the client’s lack of sufficient in-house data. Building the solution Over 2 million historical current account applications were utilised to train the target model, which included adverse fraud data from National SIRA. Over 25 data features were then used to build the model, including personal applicant details along with additional data features only available from within National SIRA, such as historical adverse flags. Once built Synectics comprehensively tested the model with the client in a proof of concept to prove its effectiveness. Results

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Podcast: APP fraud - less talking, more acting

To listen to this podcast in full, please fill out your details at the bottom of this page. Authorised Push Payment fraud has become one of the major challenges for fraud teams within the financial services industry over the course of the 2020 and the start of 2021. Click here to read more about what kind of action can be taken to address APP fraud in our latest blog post for UK Finance > In this podcast, our experts are joined by Christine Farrow, APP Fraud Lead in the Economic Crime Team at UK Finance to discuss what can be done by these financial institutions to combat this increasing threat. To listen to the podcast simply enter your details below.

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How to address your repeat fraud offender problem

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Our innovative thinkers are helping to shape the future of what's possible across all of the markets related to your business

Find all of our white papers and thought leadership articles by clicking here.

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Our bespoke three stage risk management, financial crime and fraud prevention platform:

App store

Configure and customise your platform with a comprehensive range of apps to suit your specific needs.

Data marketplace

Access industry leading data resources and enrich your own data with access to a wide range of third party intellligence sources.

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Intelligence Hub

Manage data complexity simply. We validate, cleanse and orchestrate your data, and transform increasingly complex data into easily managed formats.

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