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Fraud Analytics Market Growing at 24% CAGR to 2019

DALLAS, June 4, 2015 /PRNewswire/ --

The Global Fraud Analytics Market 2015-2019 research report says organizations are adopting fraud analytics solutions to keep track of a growing volume of corporate data, and using this data to effectively detect, analyze and prevent fraud and improper payments.

Complete report on fraud analytics market spread across 72 pages, talking about 5 major companies and supported with 25 exhibits is now available at .

This latest fraud analytics market research report emphasizes fraud analytics solutions that support the growth of a company by streamlining business processes and help improve operational efficiency. These solutions are important for SMEs, as they identify potential risk areas and detect fraud. Fraud analytics solutions provide transparent information on financial instruments and help enterprises optimize their business decisions and make investment decisions for future use. Many SMEs have become increasingly aware of the significance of complete visibility for their operational performance and its impact on business.

To calculate the fraud analytics market size, this research considers the revenue generated through software licenses and subscriptions, software implementation cost, technical support and maintenance cost and professional services. Market segmentation data by deployment mode (Cloud fraud analytics solution and On-premise fraud analytics solution) is provided for 2014-2019 and fraud analytics market segmentation by geography is covered for 2014 in this 2015 research report. Key leading countries analyzed in this report include US, Germany and Japan.

Companies active in the fraud analytics market and mentioned in this research include Computer Sciences (CSC), EMC, Fair Isaac Corporation (FICO), SAP, SAS Institute, ACI Worldwide, Aquilan Technologies, BAE Systems, Bosch Software Innovations, CustomerXPs, Experian, Fiserv, IBM, Oracle, Paladion and ValidSoft. Order a copy of Global Fraud Analytics Market 2015-2019 research report at .

Fraud can be defined as an illegal activity that is intentional and uses misrepresentation to produce a financial gain to an individual or an organization. Fraud is on the rise and has become a boardroom issue these days. Fraud happens in different parts of the world, and fraudsters use very sophisticated and technology-enabled techniques. Fraud can be of various types, such as fraudulent transactions (both online and offline), inaccurate credit applications, identity thefts, and false insurance claims. Some of the major victims of fraud are credit card companies, insurance companies, retail merchants, telecom service providers, and business-to-business suppliers. Fraud analytics helps in analyzing various forms of stored data and gathered information and in converting them to actionable insights, thereby to detect fraud and take necessary actions required.

On similar lines, has another research titled Global Fraud Detection, Prevention, and Investigation Market  (by Solution (Fraud Analytics, Authentication, GRC Solutions, Reporting and Visualization Tools), by Type of Fraud (Internal Frauds, External Fraud)) - Market Size and Forecast (2013-2019) that says authentication would remain a major revenue generating pocket, but fraud analytics would rise at a higher growth rate. High growth rate in SMEs will drive the growth rates in Asia-Pacific, followed by Latin America. A rise in online transactions frauds, cards-related frauds, and insurance claim frauds are the prime factors that drive the growth rates in banking & financial services, insurance, and retail sectors. Major challenges in this market include the low awareness level of fraud possibilities in SMEs, high costs of deployments, and unavailability of pre-deployment measures of performance. Though the awareness level in SMEs is increasing and the impact of this factor will decrease in due course of time, the cost and pre-deployment measures would remain a primary concern in the market. Geographically, UK, Canada, Spain, Chile, Peru, Argentina, Ecuador, Uruguay, Costa Rica, EI Salvador and Honduras have been covered in this research. Companies discussed in the report include ACI Worldwide, Computer Sciences Corporation, EMC Corporation, Fico, FIS, Fiserv, IBM, Oracle, SAP AG and SAS Institute. This research and its market analysis is supported with 86 tables and 31 figures. Order a copy of this report on Fraud Detection and Prevention Market at .

A third research titled Complex Event Processing (CEP) Market by (Algorithmic Trading, Fraud Detection, Sentiment Analysis, Supply Chain Optimization, Transportation and Logistics, Revenue Assurance, & Emergency Response Services) - Global forecast to 2019 is on related note and says major forces driving this market are the unprecedented market risks, easy to deploy, need for customer oriented analytical tools and Big Data trends. Furthermore, in verticals such as healthcare, banking and finance exponential raise in real time customer data and transaction information demands for event monitoring and fast response system to maintain organizational processes. Further, organizations in industries such as healthcare, telecommunication, banking and capital market; are mandate to follow compliance standards such as BASEL III, FISMA, HIPPA, etc. Thus, by using CEP technology, organization can monitor and predict compliance risks in advance which ensure smoothness of business processes and removes inconsistency. While the CEP market is expected to rise at a steady pace across various verticals, some of the organizations such as TIBCO, Oracle, IBM and many other companies are already providing CEP technology in their current integrated middle ware software product portfolio. This research expects that CEP technology will be integrated into cloud services in the long term, thereby creating customizable stack services and applications that facilitate quicker customer adoption of the same. Companies like Cisco System, Inc., SAP AG, IBM, Oracle Corporation, Red Hat, Inc., EMC Corporation, Fujitsu, Huawei, Lockheed Martin and Tibco Software, Inc. are discussed in this research supported with 70 tables, 50 figures and available at .

Explore more reports on the IT & Telecommunication market at .

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