Finance
Rules based engines in finance are widely used to automate decision-making processes by applying predefined rules to financial data. The Scandi Automation rules based engines helps you manage risks, ensure compliance, detect fraud, and streamline various operations within financial institutions
Compliance and Regulatory Reporting
Ensures that financial institutions comply with regulatory requirements such as Anti-Money Laundering (AML) and Know Your Customer (KYC) by flagging suspicious activities for reporting.
This can all be automated easily with our rules based Engine.
Finance Fraud
Fraud detection is a well known benefit of automation. Our Rules Engine is often the first line of defense in insurance fraud detection, providing a systematic way to apply known fraud detection techniques to large volumes of claims. Our Rules Engine offers a range of benefits, particularly for Financial Institutes looking for a reliable, cost effective, and transparent solution for detecting
As examples , rules could be addressing unusual transaction amounts or frequencies , transactions from high-risk locations and multiple transactions just below a threshold limit.
Credit Scoring and
Loan Approval
Our rules based engine could easily be used for decision-making process for loan approvals by applying rules based on credit scores, income levels, debt ratios, and other financial indicators.
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Anti-Money Laundering (AML) Compliance
Flag transactions above a certain threshold when multiple smaller transactions from the same account occur within a short time.
Market Trading
Execute a sell order if a stock’s price falls below a certain percentage from its recent high (stop-loss order).
Investment Portfolio Management
Rebalance the portfolio if any asset class exceeds a predefined percentage of the total portfolio value.