IBM Counter Fraud Management (ICFM)
— is a software that helps companies fight fraud in insurance, health, finance, and other spheres. For this purpose tools for working with big data are used to analyze heterogeneous flows of available information.
The desired result for business is an improvement of business results by reducing fraud losses. ICFM segments the problem of incidents of fraud and financial crime into the following stages, which include detection, response, information gathering, and investigation.