Synalogik: Identifying and Tackling Fraud Through Investigation Automation.
Lead Participant:
SYNALOGIK INNOVATIVE SOLUTIONS LIMITED
Abstract
SYNALOGiK Innovative Solutions Limited is a UK based technology company, founded by experts in data science, intelligence, security and investigation. The company is founded on the vision to tackle the increasing challenge of data-driven fraud across the UK; a problem that costs the UK in excess of £190bn annually.
Synalogik has developed a unique solution, at the cutting edge of revolutionary intelligence management, to automate the identification of fraudulent activity. This Platform, SCOUT, increases the efficiency, capability and capacity of organisations who rely on information to make intelligent and evidence-based operational decisions.
With current processes reliant on manual investigation, Synalogik provides a disruptive technological solution to a variety of commercial, intelligence, security, investigation and UK Government related challenges. Core to this is the automation of data analysis that draws intelligence on-demand from disparate data sources, providing organisations with actionable intelligence in a fraction of the time, and at a fraction of the cost of current approaches.
This R&D project focuses on the development and testing of increased Platform functionality, specifically the incorporation of anti-fraud (AF) and anti-money laundering (AML) and benefit fraud (BF) models for affected Government organisations such as; HMRC, DWP, NCA, Law Enforcement. Additionally, the transformation of specific identification, detection, evidential and counter-measures to better predict patterns, trends and future criminal operating processes involving fraud across private and public sectors, both in the UK and, with global data sets, overseas. R&D project will focus on increasing the capabilities of this technology, through the integration of Government datasets to enable enhanced risk assessment profiles to be drawn and decision making made far easier through greater understanding of analysed and risked scored fraudulent activity.
This will be a step-change for the industry delivering sizeable benefits to private and public organisations and the UK economy.
Synalogik has developed a unique solution, at the cutting edge of revolutionary intelligence management, to automate the identification of fraudulent activity. This Platform, SCOUT, increases the efficiency, capability and capacity of organisations who rely on information to make intelligent and evidence-based operational decisions.
With current processes reliant on manual investigation, Synalogik provides a disruptive technological solution to a variety of commercial, intelligence, security, investigation and UK Government related challenges. Core to this is the automation of data analysis that draws intelligence on-demand from disparate data sources, providing organisations with actionable intelligence in a fraction of the time, and at a fraction of the cost of current approaches.
This R&D project focuses on the development and testing of increased Platform functionality, specifically the incorporation of anti-fraud (AF) and anti-money laundering (AML) and benefit fraud (BF) models for affected Government organisations such as; HMRC, DWP, NCA, Law Enforcement. Additionally, the transformation of specific identification, detection, evidential and counter-measures to better predict patterns, trends and future criminal operating processes involving fraud across private and public sectors, both in the UK and, with global data sets, overseas. R&D project will focus on increasing the capabilities of this technology, through the integration of Government datasets to enable enhanced risk assessment profiles to be drawn and decision making made far easier through greater understanding of analysed and risked scored fraudulent activity.
This will be a step-change for the industry delivering sizeable benefits to private and public organisations and the UK economy.
Lead Participant | Project Cost | Grant Offer |
|---|---|---|
Participant |
||
| SYNALOGIK INNOVATIVE SOLUTIONS LIMITED |
People |
ORCID iD |
| Georgina Field (Project Manager) |