Effcon (Effective-Control)Effcon
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PointerPotentiaN
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About
MONAROV & Co. Consulting’s Effcon system (effective – control) is a unique automated system which was developed based on over 20 years of experience in the fields of Internal Control and Fraud Prevention Engagements. The system facilitates the maintenance of an automated, continuous and independent control system for purposes of identifying control weaknesses, fraud and irregularities, reducing operational risks and assessing the effectiveness of internal control in the organization. The system constitutes a major tool in assisting organizations in achieving their business objectives. Our firm assists organizations in installing the Effcon (Effective control) system which contains defined sets of analytical rules. The set of analytical rules is defined by a team of experts with vast experience in discovering deviations in various fields, based on many years of experience in our firm, in the fields of control and risk management.
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About
Fraud DetectionToday’s fraud control applications are based on documenting the problem and defining expert rules to stop it. Given the volume and the dynamics of fraud, this method is not effective. POINTER provides a pro-active approach to immediately identify fraud by understanding the source of the transaction as not a “typical” one from the user. POINTER uses a unique mathematical model and sophisticated data mining techniques to create a dynamic Personal Symbolic Vector. Auto-learning techniques ensure that the system can incorporate realistic changes in behavior over time. This capability ensures that the user profile is always up to date and that the latest expert rules can be incorporated to detect possible fraud. POINTER reduces dramatically the amount of false alerts requiring less research time by personnel and improving customer service at the same time. These parameters can be fine-tuned by the institution to ensure best balance.
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Platforms Supported
Windows
Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Platforms Supported
Windows
Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Not Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Audience
Continuous control monitoring system for companies
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Audience
Fraud Detection solution for companies
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Support
Phone Support
Supported
24/7 Live Support
Not Supported
Online
Supported
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Support
Phone Support
Supported
24/7 Live Support
Not Supported
Online
Supported
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API
Offers API
Not Supported
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API
Offers API
Not Supported
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Not Supported
Free Trial
Not Supported
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Pricing
No information available.
Free Version
Not Supported
Free Trial
Not Supported
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Reviews/
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Reviews/
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Training
Documentation
Supported
Webinars
Not Supported
Live Online
Not Supported
In Person
Not Supported
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Training
Documentation
Not Supported
Webinars
Not Supported
Live Online
Not Supported
In Person
Not Supported
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Company InformationEffcon
Founded: 2016
Israel
effcon.co.il/en/
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Company InformationPotentiaN
Founded: 2007
United States
www.potentian.com
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Categories |
Categories |
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Risk Management Features
Alerts/Notifications
Not Supported
Auditing
Supported
Business Process Control
Supported
Compliance Management
Supported
Corrective Actions (CAPA)
Supported
Dashboard
Supported
Exceptions Management
Not Supported
Internal Controls Management
Supported
IT Risk Management
Not Supported
Legal Risk Management
Not Supported
Mobile Access
Not Supported
Operational Risk Management
Not Supported
Predictive Analytics
Not Supported
Reputation Risk Management
Not Supported
Response Management
Supported
Risk Assessment
Supported
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Fraud Detection Features
Access Security Management
Supported
Check Fraud Monitoring
Not Supported
Custom Fraud Parameters
Supported
For Banking
Supported
For Crypto
Not Supported
For eCommerce
Not Supported
For Insurance Industry
Supported
Internal Fraud Monitoring
Supported
Investigator Notes
Supported
Pattern Recognition
Supported
Transaction Approval
Supported
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Integrations
No info available.
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Integrations
No info available.
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