BAE Systems Detica Named Category Leader in the Enterprise Fraud Management Solutions for Financial Services 2013 RiskTech

BAE Systems Detica Named Category Leader in the Enterprise Fraud Management 
Solutions for Financial Services 2013 RiskTech
Quadrant(TM) From Chartis Research 
NEW YORK, NY -- (Marketwired) -- 05/23/13 --  BAE Systems Detica
today announces that its Detica NetReveal(R) solution has been
positioned a Category Leader in the Enterprise Fraud Management
Solutions 2013 RiskTech Quadrant(TM)(1) from Chartis. 
Financial crime is a growing area of concern for financial
institutions with new threats continuously emerging. The rise of
mobile and internet channels coupled with the harsh economic climate
means that fraud is on the increase. But advances in technology mean
that organisations are less likely to write off fraud as the cost of
doing business. 
The Enterprise Fraud Management Solutions for Financial Services 2013
report covers the competitive landscape for enterprise fraud
management solutions for financial services organisations. It
recognises that organisations need to make best use of technology to
support effective anti-fraud strategies. 
Peyman Mestchian, Managing Partner, Chartis, said:  
"It is critical that financial institutions deploy technology
offering advanced analytics systems that can be integrated with other
key risk and financial crime solutions, operational risk and customer
intelligence. Detica NetReveal offers a powerful combination of
social network analytics, entity and predictive analytics, alert and
case management in an enterprise fraud management solution. This
coupled with a proven track record with a number of Tier 1 financial
organisations meant that it was named a Category Leader." 
Detica NetReveal is an end-to-end risk, fraud and compliance solution
with an international capability suited to global and group-wide
deployment for financial institutions and governments worldwide. It
uses statistical and analytical techniques to identify patterns of
unusual and suspicious behaviours hidden within a company's data.  
Chris Green, Managing Director NetReveal, BAE Systems Detica,
commented: 
"Financial services continues to be an exciting growth sector as
organisations develop new products in response to the proliferation
of mobile channels. Fraudsters are equally as inventive so the fight
against financial crime never stands still. As Detica NetReveal
continues to gain industry accolades from respected organisations
such as Chartis Research, we are increasingly being recognised as a
leading enterprise technology partner for countering financial
crime."  
Note to editor: 
(1) The report uses Chartis's RiskTech Quadrant(TM) to explain the
structure of the market. The RiskTech Quadrant(TM) uses a
comprehensive methodology of in-depth independent research and a
clear scoring system to explain which technology solutions meet an
organisation's needs. The RiskTech Quadrant(TM) does not simply
describe one technology solution as the best enterprise fraud
solution; it has a sophisticated ranking methodology to explain which
solutions would be best for specific buyers. 
About Detica NetReveal 
Detica NetReveal is a leading provider of risk, fraud and compliance
solutions to a wide range of financial services and government
clients across the globe. The NetReveal suite of solutions combines
predictive analytics with advanced social network analysis to
identify suspicious behaviours more accurately than other solutions. 
The power of our approach lies in the combination of specialist
industry expertise with proven technology. We provide our clients
with intelligence to more accurately assess the risk of the
individual by better understanding the risk associated with the
networks in which they operate. With over 130 clients across five
continents, including six of the world's current top 10 financial
institutions, Detica NetReveal has a proven track record of tackling
fraud, improving operational intelligence and reducing financial
losses and reputational risk. Detica NetReveal, incorporating Norkom
Technologies, is a business division of BAE Systems Detica. 
For further information, please visit www.deticanetreveal.com 
About BAE Systems Detica 
BAE Systems Detica delivers information intelligence solutions to
government and commercial customers. We help them collect, exploit
and manage data so they can deliver critical business services more
effectively and economically. We also develop solutions to strengthen
national security and resilience. 
We integrate and deliver world-class solutions to our customers' most
complex operational problems -- often applying our own unique
intellectual property. Our services include cyber security, managing
risk and compliance, data analytics, systems integration and managed
services, strategy and business change and the development of
innovative software and hardware technologies. 
Detica is part of BAE Systems, a global defence and security company
with over 90,000 employees worldwide. BAE Systems delivers a full
range of products and services for air, land and naval forces, as
well as advanced electronics, security, information technology
solutions and customer support services. For more information, please
visit www.baesystems.com 
BAE SYSTEMS, DETICA, NETREVEAL are registered trade marks of BAE
Systems plc. 
About Chartis 
Chartis is the leading provider of research and analysis on the
global market for risk technology. Its goal is to support enterprises
as they drive business performance through better risk management,
corporate governance and compliance. Chartis helps clients make
informed technology and business decisions by providing in-depth
analysis and actionable advice on virtually all aspects of risk
technology. See www.chartis-research.com.  
RiskTech Quadrant(TM) is a registered trademark of Chartis Research
Limited. 
Chartis Research is authorized and regulated by the Financial Conduct
Authority (FCA) for providing investment advice. 
Media Contacts: 
Natasha Davies
Global Head of Media, BAE Systems Detica  
Natasha Davies
Tel: +44 (0)20 7812 4274
Mobile: +44 (0)7787 297 831
Email: natasha.davies@baesystemsdetica.com 
Rosemarie Esposito, Articulate Communications Inc. 
on behalf of BAE Systems Detica 
Rosemarie Esposito
Tel: +1 212 255 0080, ext. 20
Email: detica@articulatecomms.com
Resposito@articulatecomms.com