ISG offers a real-time decision making application developed to support the Fraud Risk Management initiatives of the organization
Risk management is the identification, evaluation, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. The objective is to assure uncertainty does not deflect the endeavor from the business goals.
E-FRM is online application developed to support Risk management. This module approves & declines a transaction based on the pre defined risk rule. The objective of this real time application is to control fraud and ensure risk free approval of transactions.
- Real Time Approval & Decline of transactions.
- Robust Risk Rule configurations.
- 24 x 7 transactions monitoring.
- One Stop Risk application for Acquirer & Issuer.
- Processing of transactions within a fraction of seconds
- Handling of bulk transactions in a smooth and enhanced manner
- External devices like hard disk not required for storing the information