Bob Thomson of ABC Plumbing at 311 Main Street
Austin, TX (PRWEB) October 15, 2008
Infoglide Software Corporation announced today that it has signed a contract with the State of Washington's Department of Labor & Industries to provide an identity and relationship resolution solution for detecting workers' compensation fraud. Infoglide's contract with the State of Washington is to provide a commercial off the shelf (COTS) identity and relationship resolution software solution and implementation services for the state's Field Audit Computer Technology (FACT) project.
Based on Infoglide's Identity Resolution Engine(tm) (IRE), the solution will apply data matching, similarity search, and non-obvious relationship discovery to uncover employers committing workers' compensation fraud. Employers typically defraud the system by intentionally using different identifying information to avoid paying appropriate workers' compensation insurance premiums or by providing false information to reduce the amount of premiums that they pay. For example, one company might go "out of business" after neglecting to pay their workers' compensation premiums and then open up as a "new business" using different identity data.
Identity Resolution Engine determines whether multiple records that appear to represent different individuals or entities are actually records for the same identity/entity. For example, are "Bob Thomson of ABC Plumbing at 311 Main Street" and "Robert Tompsen of ABC Services at 313 Maine Dr" two separate people/companies or are they in fact the same person/company that has purposely altered identifying attributes to appear to be different?
"With our background in fraud and risk detection, this project was a natural match for Infoglide," says Douglas Wood, senior vice president of global sales. "This solution will benefit from our years of experience in law enforcement, insurance, and homeland security and our technical expertise in identity resolution."
Infoglide's workers' compensation fraud detection solution is based on patented similarity search algorithms. Multiple identities are resolved into one, and hidden connections are exposed through advanced identity resolution and relationship detection techniques. The solution also has decisioning and rules processing features that allow users to configure how the solution impacts existing system functions and organizational processes.
About Infoglide Software Corporation
Infoglide (http://www.infoglide.com) supplies identity resolution and entity analytics solutions to government and commercial markets. Infoglide's solutions search relational databases and analyze data related to individuals and/or entities within multiple data silos. Infoglide's patented identity resolution technology allows for data matching, auto classification, and data cleansing in applications for data quality and master data management (MDM), including customer data integration (CDI) and product information management (PIM). The company's Identity Resolution Engine(tm) (IRE) utilizes identity matching and fuzzy search capabilities to discover non-obvious relationships, applies domain specific rules as well as similarity and classification engines, and automatically integrates the resulting business intelligence into an organization's systems and processes in real time. IRE has over 50 patented algorithms that are applied based on domain specific rules. Features include data matching, fuzzy search/fuzzy match, similarity search, identity matching, data quality, and discovery of non-obvious relationships. Incorporated in 1996, Infoglide Software is a privately held company headquartered in Austin, Texas.