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

Access a wide variety of intelligence sources to enrich your own data


The more clients know about their customers the better they can make accurate risk assessments about them. Our Data Marketplace provides easy access to a wide variety of third party intelligence sources to enable the enrichment of data to deliver more insight. Additionally access to our unique proprietary data sources can enhance your approach to financial crime and fraud screening to help protect you and your customers.

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

Collaborative intelligence unique to our platform

These include our National SIRA database, a syndicated database which processes 53 million+ applications each year in the UK alone and the National Fraud Initiative database, a collaboration with the Home Office which provides information from over 23 sources including key elements like Home Composition.

National SIRA

The leading consortium database of known fraud and adverse intelligence. Comprising over 300 million rows of data – all provided by over 160 financial services companies that include Tier 1 Banks, Insurers, Retailers, Telco’s and others.

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National Fraud Initiative (NFI)

Access to NFI data is unique to our platform. The data within NFI is provided by 1,300 public and private sector organisations including: Department for Work and Pensions, Home Office and Companies House. It consists of 23 different data sources containing over a third of a billion records.

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Third party intelligence sources

Through our platform, you have access to a wide range of data providers. Our platform enables clients to integrate and orchestrate a variety of additional intelligence as the requirement of their risk analysis adapts over time.

Cifas

The service provides a direct interface to the Cifas National Fraud Database. Users are able to upload proven fraud cases to Cifas directly from the associated enquiry in SIRA reducing the time taken to complete the task.

The service provides a direct interface to the Cifas National Fraud Database. Users are able to upload proven fraud cases to Cifas directly from the associated enquiry in SIRA reducing the time taken to complete the task.

Dow Jones

Dow Jones provide the PEP Screening, Sanctions and Adverse Media data services, providing automated validation to a confirmed list of Politically Exposed Persons (PEPs), Special Interest Persons (SIPS), Relatives and Close Associates (RCAs) and financial sanctions targets, enhancing anti-money laundering controls.

Dow Jones provide the PEP Screening, Sanctions and Adverse Media data services, providing automated validation to a confirmed list of Politically Exposed Persons (PEPs), Special Interest Persons (SIPS), Relatives and Close Associates (RCAs) and financial sanctions targets, enhancing anti-money laundering controls

Equifax

With one of the largest sources of consumer and business data in the world, access to Equifax's rich credit and customer profiling intelligence can enhance your ability to profile and reduce risk.

The service provides a direct interface to the Cifas National Fraud Database. Users are able to upload proven fraud cases to Cifas directly from the associated enquiry in SIRA. Enquiry level details are automatically copied to the upload service reducing the time taken to complete the task.

TransUnion

TransUnion offers a range of unique and innovative credit data screening tools to help clients identify discrepancies and speed up good customer identification.

TransUnion offers a range of unique and innovative credit data screening tools to help clients identify discrepancies and speed up good customer identification.

CRIF

CRIF data provides consumer profiling and information services for the legal and insurance industry to help support decision management and fraud prevention.

CRIF data provides consumer profiling and information services for the legal and insurance industry to help support decision management and fraud prevention.

Claims Underwriting Exchange

The Claims Underwriting Exchange database provides access to a centralised database of home, personal and motor incident claims reported by insurers and is a powerful weapon in the fight against fraudulent claims.

The Claims Underwriting Exchange database provides access to a centralised database of home, personal and motor incident claims reported by insurers and is a powerful weapon in the fight against fraudulent claims.

Emailage

Emailage data uses email metadata as a basis for transactional risk assessment and digital identity validation to provide clients with a more confident picture of the person behind the transactions.

Emailage data uses email metadata as a basis for transactional risk assessment and digital identity validation to provide clients with a more confident picture of the person behind the transactions.

Iovation

Iovation’s global intelligence database of known devices and their reputations contains millions of records of confirmed fraud devices . It's authentication solutions can help clients immediately identify and shut out fraudsters before they can create false accounts.

Iovation’s global intelligence database of known devices and their reputations contains millions of records of confirmed fraud devices . Its authentication solutions can help clients immediately identify and shut out fraudsters before they can create false accounts.

Netwatch

Netwatch offers one of the largest open source and social media investigation databases, specialising in providing powerful open source data which can be used for a variety of risk and legal profiling areas.

Netwatch offers one of the largest open source and social media investigation databases specialising in providing powerful open source data which can be used for a variety of risk and legal profiling areas.

Vulnerability Registration Service

The Vulnerability Registration Service is the UK’s first central register for vulnerable people. It is available for organisations to use to identify vulnerable customers currently using or applying for your services.

The Vulnerability Registration Service is the UK’s first central register for vulnerable people. It is available for organisations to use to identify vulnerable customers currently using or applying for your services.

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.

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Data marketplace

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

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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Our Financial Crime Risk Management Platform in action

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

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