GlobalLogic partners with software product companies to quickly and profitably build secure fraud detection solutions. These scalable systems can be effectively used by financial institutions to meet the ever-changing demands of regulatory compliance. GlobalLogic helps its clients accelerate product development, improve product quality and reduce total cost of ownership (TCO) by leveraging robust design strategies, state-of-the-art tools and proven distributed Agile methods (GlobalLogic Velocity™).

Some of GlobalLogic’s fraud detection solution offerings include:

• Anti-Money Laundering
• Trading Compliance
• Broker Compliance
• Markets in Financial Instruments Directive (MiFiD)
• Know Your Customer (KYC)
• Basel II

In addition to delivering end-to-end solutions for fraud detection, GlobalLogic has a fraud detection Center of Excellence that is equipped with business and technical subject matter experts. GlobalLogic has a deep domain knowledge in fraud detection, as well as expertise in the following areas:

• Flexible and scalable systems for processing large volumes of data in real-time
• Reporting for statutory requirement and internal controls
• Trend analysis and graphs for fraud and transaction execution metrics across various dimensions with drill down capability
• Dynamic workflows and document management to act on suspicious behaviour
• Case Management solutions for field investigations and Anti-Money Laundering
• ETL solutions using PL/SQL scripts, as well as tools like Informatica
• Data warehousing and business intelligence solutions for mining large volumes of financial data
• Web services for application and third party integration
• Extraction of large volume of data from business scenarios for functional and performance testing
• Professional services teams to deploy and integrate fraud detection solutions with existing financial systems
• Product technical support (L1, L2, L3) for end customers to cover breadth of geographies and provide 24/7 support
• Technical documentation of product documents such as user guides, manuals, and online help
• Domain certifications in financial markets, derivatives, mutual funds, securities, fixed income and commodities