How to build an integrity monitoring platform to minimise fraud, error and waste within a complex market?
RoZetta Technology is a specialist data science technology company using advanced analytics and cloud-based data management to provide a foundation to optimise value creation for its clients.
Anomaly detection is just one of the methodologies the RoZetta data science team employs to fulfil the value creation goals.
This paper has been prepared by:
- Phil Anderson, Head of Product Management & Strategy
- Scott Matthews, Chief Data Scientist
- Dr Inigo Jauregi Unanue, Data Scientist
Access our white paper PDF here.
Introduction
Some industries rely on third parties to deliver complex services to end-users, including health services, education, wealth management, capital markets, taxation services and some franchise operations.
This environment is susceptible to error, waste, abuse, and fraud as the service deliverer, or intermediary, behave in a way inconsistent with the organisation’s intention and expectations.
Anomaly detection also referred to as outlier or novelty detection, identifies events or observations that deviate significantly from the expected result, or a majority of the data, or do not conform to a well-defined notion of normal behaviour. These are often related to behavioural events of error, waste, abuse, or fraud.
This article covers focuses on anomaly detection, an important tool in monitoring human and systems interactions that are too complex for a human alone to comprehend.
Get your detailed guide with everything you need to know to successfully set up an Anomaly Detection system in a range of complex environments.
Access our white paper PDF here.
About RoZetta Technology
RoZetta Technology’s core belief is that fusing data science, technology, and data management is the path that amplifies human experience and knowledge.
RoZetta’s clients have an understanding of the challenges they face. RoZetta brings proven capability, experience and a mindset to create products and systems that resolve these challenges in a way that optimises the value created.
The mix of good data, the right technology, the right design and smart people can solve difficult problems.
Contact us today to learn how an anomaly detection system can help you optimize your business.
For more on anomaly detection see our interview with David Wright, Executive Director and Chairman, RoZetta Technology.