ARKHOS helps Insurance Companies to proactively fight fraud by applying advanced analytics to streamline detection, reduce false positives, and increase efficiency.
ARKHOS allows analysts and investigators to uncover the single version of the truth about any entity of interest, by visualizing results seamlessly, in real time, through an intuitive integrated user interface.
Insurance Companies need instant access to actionable intelligence in order to uncover and stop nefarious activities before they happen. The challenge that comes along with it is that SIUs are exposed to more data they can process in a timely fashion. Analysts have access to more data than ever. The practical application of performing advanced analytics over a large amount of data in a timely fashion, is very a challenging one.
IBM i2 Analyst’s Notebook users can leverage of ARKHOS out-of-the-box integrations and connectors to external data sources.
ARKHOS provides great insights on detecting and analyzing insurance fraud, by proactively increasing the referral rates while reducing false positives"
Stephen Spinner
SIU Analytics Manager
ARKHOS' AI built-in engine continually scans all available data sources for suspicious patterns, identifies potential matches, provides SIU analysts and investigators with alerts, and insightful recommendations for optimized decisions.
Increasingly frequent and complex fraud schemes
Fraud no longer acceptable as
“cost of doing Business”
False positives, missed organized crime, Inefficient investigations
Globlue deploys ARKHOS Enterprise for a multi-state insurance company.
Read Full IDC paper