Effcon (Effective-Control)Effcon
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Related Products
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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
Sokratech is a real-time fraud detection system (FDS) built for banks and financial institutions. The platform screens transactions and returns a decision in under 250 milliseconds, combining a no-code rules engine, machine learning risk scoring, and configurable workflows so fraud teams can respond to new attack patterns in minutes instead of release cycles. Capabilities include real-time transaction monitoring, rule and model governance with full audit trails, explainable decisioning for regulator and auditor review, and case management for fraud investigations. Sokratech is designed for the compliance and data-residency expectations of regulated financial institutions.
The platform deploys via API and integrates with core banking and payment systems, so institutions can go live quickly without replacing existing infrastructure.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Continuous control monitoring system for companies
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Audience
Fraud, risk, and compliance teams at banks, digital banks, crypto companies, e-wallets, and payment platforms
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and VideosNo images available
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationEffcon
Founded: 2016
Israel
effcon.co.il/en/
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Company InformationSokratech
Singapore
sokratech.io
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Categories |
Categories |
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Risk Management Features
Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
Internal Controls Management
IT Risk Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment
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Integrations
No info available.
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Integrations
No info available.
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