Hazelcast Powers Real-Time Fraud Detection
公司规模
1,000+
地区
- America
- Europe
国家
- United Kingdom
- United States
产品
- Hazelcast In-Memory Data Grid
- Hazelcast Jet
技术栈
- In-Memory Data Grid
- In-Memory Stream Processing
- Java
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Customer Satisfaction
- Productivity Improvements
技术
- 分析与建模 - 实时分析
- 应用基础设施与中间件 - 数据交换与集成
- 应用基础设施与中间件 - 数据库管理和存储
适用行业
- 金融与保险
适用功能
- 商业运营
用例
- 欺诈识别
- 实时定位系统 (RTLS)
服务
- 软件设计与工程服务
- 系统集成
关于客户
A top ten US bank faced significant challenges with its existing fraud detection system, which was built on an old relational database platform. The system's limitations caused the bank to hit transaction rate limits, breaking fraud detection SLAs and hindering new business opportunities. The bank needed a more efficient and scalable solution to handle its growing data and transaction volumes, ensuring real-time fraud detection and compliance with SLAs.
挑战
Competent fraud detection systems are crucial for organizations to identify financial crimes such as payment card fraud, anti-money laundering, and anti-terrorist financing. The increasing sophistication of fraudsters' systems and the growing volume of financial transactions put immense pressure on existing detection systems. In the UK, payment card spending exceeds £180 billion from 3.9 billion transactions, with financial fraud losses consistently rising. Detection systems must be flexible, report anomalies in near real-time, and be available 24/7 to cope with these challenges.
解决方案
Hazelcast In-Memory Data Grid (IMDG) and Hazelcast Jet were implemented to address the bank's challenges. Hazelcast IMDG stores account details, recent transaction history, and scoring in one place, enabling powerful and comprehensive checks within short SLAs of 500ms. The in-memory technology allows for fast data ingestion and transformation, while the distributed architecture ensures high availability and scalability. Hazelcast Jet provides in-memory stream and fast batch processing, further enhancing the system's real-time capabilities. The bank also uses WAN replication to synchronize multiple Hazelcast clusters, ensuring service continuity in case of regional data center outages.
运营影响
数量效益
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