This system is to assist in the prevention of fraudulent losses.
Client reviews the reports and analyzes the fraudulent transactions and takes necessary action.
Developed online programs to access a database of offenders known to the Office of Foreign Asset Control and the internal system. SSN and Mail drop validation was provided by third party service providers. A file transfer system was implemented to send the list to be validated by the external service provider. Wire redemption amounts, wire redemption overrides were validated internally and appropriate reports generated. It has four subsidiaries in the insurance sector viz.