Synectics Solutions includes Orion network visualisation functionality in its SIRA fraud prevention solution as part of the R4 2015 release

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Synectics Solutions today announced the fourth product release of 2015 for SIRA and Orion is now available and being rolled out. One of the major updates in this release is the inclusion of Orion network visualisation functionality in the matches screen within SIRA, which will provide users with the ability to visualise links between parties or entities, thus aiding the fraud investigation process.

Synectics Solutions today announced that the fourth product release of 2015 for SIRA and Orion is now available and being rolled out. One of the major updates in this release is the inclusion of Orion network visualisation functionality in the matches screen within SIRA itself. This will provide users of SIRA with the ability to visualise the links the between parties or entities, thus aiding the investigation process.

This new functionality will make it much easier for investigators to get a graphical representation of how their matches link together, helping to illustrate relationships that may exist between various parties or entities. This enhancement will help SIRA users to improve decision making and make it much easier to understand the complex links which might exist between matching parties when investigating a potential fraud.

Other developments that are being rolled out in this release also include;

  • The introduction of a new SIRA status of ‘High Risk’ to allow users to more easily monitor certain parties within SIRA. This allows users to allocate the status to a party where there might not be a suspicion of fraudulent activity but there is a need to monitor them because they pose a potential risk. This may be as a result of certain behaviour or because of the exposed or sensitive nature of a particular individual.
  • Enhanced capabilities to improve data exception reporting to enable users to more easily identify and understand what exceptions are being generated from their SIRA data feeds. This will help users to more readily identify if there are issues of concern in the format of their own data feeds.
  • The ability for clients to map individual rules to a specific data feed. This will enable clients to optimise the performance of their SIRA rules engine without the need to request formal change requests through Synectics.
  • The ability to configure automatic email alerts to be delivered to nominated individuals via email for missing data feeds.

Commenting on this release, Synectics Solutions’ Head of Product Management, Matt Stanton said, “We’re incredibly excited about the inclusion of the Orion network visualisation tool in the investigation screen as this enables our SIRA clients to take advantage of some of the powerful data visualisation functionality that Orion can provide. It will help enable our clients to make better, faster, and more confident decisions when evaluating potential threats to their business. In addition to this, there are also some very useful updates to the SIRA user configuration suite that will help our customers to optimise the performance of their SIRA rule-set, and also be better informed about the progress of their daily data processing.”

A more formal technical release note for this release will be sent to all SIRA clients as part of the SIRA software release process.

For more information on the contents of the release, please contact Synectics Solutions Sales Team on 01782 664000 or sirasales(at)synectics-solutions(dot)com.

About Synectics Solutions
Synectics Solutions provide data management and software development services for a range of industries in the UK and internationally. For over 23 years, Synectics Solutions has been providing leading edge data driven solutions to help organisations harness the power of data. Based in the United Kingdom in Newcastle-under-Lyme, Staffordshire, it currently employs around 300 talented and dedicated people.

About SIRA
SIRA is Synectics Solutions leading fraud prevention and detection solution. It has been developed using constant feedback from risk and fraud industry professionals. SIRA’s powerful data services architecture accommodates both batch and real time data, and allows users to access, interrogate, and integrate ‘best of breed’ industry data sources, ensuring that clients have a truly holistic view of their financial crime investigations landscape.

About Orion
Orion offers one of the most sophisticated fraud network analytics solutions on the market today providing fraud and financial crime investigators with the functionality and flexibility to identify and prevent organised fraud. The graphical user interface and flexible nature of Orion puts real power in the hands of investigations teams to enable them to pro-actively identify suspicious networks before they can damage an organisation.


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