“While FDaaS is already the most powerful and effective software in government fraud detection, we are always looking to improve the product,” said Jon Coss, Pondera Solutions CEO.
Sacramento, CA (PRWEB) June 26, 2014
Pondera Solutions, a Google Enterprise partner focused on implementing Google analytics for government agencies nationwide, deployed 25 new features and enhancements to its Fraud Detection as a Service (FDaaS) dashboard in three updates this Spring. These enhancements increase the overall effectiveness of the FDaaS® software and are automatically implemented and available to all existing customers.
Pondera’s FDaaS is a trademarked Google-powered cloud-based analytics solution that analyzes claims and program participants, quickly sifting through massive data sets to identify and alert agencies to problems that require follow up investigation. FDaaS is seen as a “super investigator” that combines technical intelligence with department data to quickly identify potential fraud. Because FDaaS uses machine learning and geospatial technology, it also continues to “learn” over time, uncovering new and emerging methods of fraud.
“While FDaaS is already the most powerful and effective software in government fraud detection, we are always looking to improve the product,” said Jon Coss, Pondera Solutions CEO. “Our customers will suggest enhancements to make our FDaaS software even more effective at finding fraud and we will act upon their ideas.”
New features include the ability to search for a beneficiary by CIN, dynamic add of watchlists, entity watchlists, and alert tracking widgets, as well as improvements to base system functionality.
“In the coming months, we will be adding 14 more features and enhancements to FDaaS,” said Pondera Solutions President Greg Loos. “We’re excited to implement these new features which will ensure FDaaS maintains its industry leading functionality.”
About Pondera Solutions:
Pondera Solutions combats fraud, waste and abuse in large government assistance programs, including Medicaid, Welfare and Unemployment Insurance. Pondera delivers a comprehensive Fraud Detection as a Service (FDaaS) solution based on Google’s state-of-the-art tools. FDaaS® analyzes incoming claims using Google’s predictive modeling, data mining and matching, geospatial and search engine technologies to investigate and help prevent potential fraud before it occurs.