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What is IBM Z Anomaly Analytics?

IBM Z Anomaly Analytics is an advanced software tool that identifies and categorizes anomalies, allowing organizations to tackle operational challenges proactively. By harnessing historical log and metric data from IBM Z, the tool creates a model that encapsulates standard operational behavior. This model is used to evaluate real-time data for any discrepancies that suggest abnormal activity. Subsequently, a correlation algorithm methodically organizes and assesses these anomalies, providing prompt alerts to operational teams about potential problems. In today's rapidly evolving digital environment, ensuring the availability of critical services and applications is vital. Businesses employing hybrid applications, particularly those running on IBM Z, face the growing challenge of pinpointing the root causes of issues due to rising costs, a lack of skilled labor, and changing user behaviors. By identifying anomalies within both log and metric data, organizations can proactively detect operational issues, thus averting costly incidents and facilitating smoother operations. Moreover, this robust analytics capability not only boosts operational efficiency but also fosters improved decision-making processes across organizations, ultimately enhancing their overall performance. As such, the integration of IBM Z Anomaly Analytics can lead to significant long-term benefits for enterprises striving to maintain a competitive edge.

What is Anomalia?

Anomalia® utilizes its distinctive AI algorithms to detect potential fraud, risks, conflicts, and non-compliance in financial and legal transactions with meticulous precision. By analyzing both customer transaction data and behavioral trends, their anomaly detection system for ACH transactions successfully identifies irregularities, thereby preventing fraudulent actions. Moreover, Anomalia® verifies the authenticity of mobile check deposits by scrutinizing the checks, the accounts involved, and the geographic locations of the deposits to pinpoint suspicious activities. In the case of wire transactions, the company assesses both the sources and recipients of funds, applying anomaly scores from previous wire transfers to uncover and avert possible fraud. Additionally, Anomalia® performs rigorous evaluations of various transactions and entities, along with their relationships, to enhance due diligence processes aimed at detecting possible money laundering schemes. This comprehensive and multi-layered approach not only protects the integrity of financial systems but also fosters greater trust among stakeholders. Ultimately, Anomalia® stands as a leader in implementing advanced technological solutions to combat financial crime effectively.

Media

Media

Integrations Supported

IBM Z

Integrations Supported

IBM Z

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.ibm.com/products/z-anomaly-analytics

Company Facts

Organization Name

Scry AI

Date Founded

2014

Company Location

United States

Company Website

scryai.com

Categories and Features

Categories and Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

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