The ramifications are far-reaching: regulators demand that financial institutions hold more capital – and get more proactive about tackling fraud. Financial services organizations need to show they can measure and manage risk with active programs that deliver proven benefits.Fraud also damages financial performance at a time when organizations are being compelled to reduce their cost-to-income ratios. Reputational damage is hard to repair and leads rapidly to loss of customers and market share.
The industry is crying out for better ways to fight fraud, without excessive costs or shackles that prevent organizations from offering new and innovative services.
Capgemini has developed a comprehensive approach to help financial services firms transform their fraud management capabilities using the SAS® Fraud Framework. Download the brochure to find out more about our step approach to delivering powerful, agile fraud management.