GFT, Confluent and AWS Fraud Data Engine
The 'Power of 3' delivering a robust resolution to fraud.
- 74% of executives in the UK financial sector see cyber attacks to be the biggest risk in their industry
- The UK banking industry spends billions of pounds each year fighting fraud. However, losses continue to exceed £1bn
Accurate and rapid detection
By utilising GFT’s fraud modelling proficiency, Confluent’s real-time data streaming and AWS’s scalable machine learning capabilities, a financial institution can realise reduced fraud losses.
Increased operational efficiency
With automation, the solution offers lower costs by minimising false positives, and enhanced security and resilience.
Supporting regulatory obligations
The solution keeps pace with business growth whilst proactively addressing new fraud tactics. Higher customer satisfaction is achieved through smoother experiences with fewer mistaken fraud flags.
What are the challenges faced by line of business?
The 'Power of 3'
As strategic partners, GFT and Confluent combine to bring industry-leading thought
leadership to combat spiralling fraud behaviours in the financial services industry.
With the added scale and services AWS offers, our solution supports customers with the tools to address evolving fraud technology advancements.
Build with Confluent
GFT is proud to be a part of the Build with Confluent initiative. By verifying our streaming-based use cases with Confluent, you can have confidence that our Confluent-based service offering is not only built on the leading data streaming platform but also verified by the experts at Confluent.
Confluent is the data streaming platform that is pioneering a fundamentally new category of data infrastructure that sets data in motion. Confluent’s cloud-native offering is the foundational platform for data in motion – designed to be the intelligent connective tissue enabling real-time data, from multiple sources, to constantly stream across the organisation. With Confluent, organisations can meet the new business imperative of delivering rich, digital front-end customer experiences and transitioning to sophisticated, real-time, software-driven backend operations.
Watch our demonstration
GFT's Tim Nichols (Head of Data Engineering) takes you through our AWS Fraud Detector solution built in partnership with Confluent.
Our solution results in reduced fraud risk, increased operational efficiency, system flexibility, stronger security posture and higher customer satisfaction.
If you would like to find out more about our solution, please don't hestiate to contact us.
