Detect, Investigate, and Respond: Reduce Financial Crime and Fraud in Financial Services

To protect both their reputations and their balance sheets, organizations are looking to improve how they detect, investigate, and respond to financial crime and fraud. Splunk provides powerful data aggregation and correlation capabilities to help identify anomalies and potential threats. With Splunk, organizations can operationalize financial crime and fraud data by ingesting and extracting information from various sources, allowing them to monitor and search for suspicious activities across the entire organization.

For financial institutions, the cost of fraudulent transactions can add up to a lot of lost revenue, so every basis point of fraud reduction is a massive win for the organization. With improved visibility, financial services institutions can reduce business risk and effective fraud rates — ultimately improving top-line revenue.