Quantcast
 
Search for: Search what?
Oct 14, 2008  
 Newsletters
Subscribe Free to Product News Alerts
  
Receive customized, daily news on the products you want.
Subscribe   View Sample
 Categories
Industrial Market Trends
OnSite WebReviews
Latest New Product News
Adhesives and Sealants
Agricultural and Farming Products
Architectural and Civil Engineering Products
Automatic ID
Chemical Processing and Waste Management
Cleaning Products and Equipment
Communication Systems and Equipment
Computer Hardware and Peripherals
Construction Equipment and Supplies
Controls and Controllers
Display and Presentation Equipment
Electrical Equipment and Systems
Electronic Components and Devices
Explosives, Armaments and Weaponry
Fasteners and Hardware
Fluid and Gas Flow Equipment
Food Processing and Preparation
Health, Medical and Dental Supplies and Equipment
HVAC
Labels, Tags, Signage and Equipment
Laboratory and Research Supplies and Equipment
Lubricants
Machinery and Machining Tools
Material Handling and Storage
Materials and Material Processing
Mechanical Components and Assemblies
Mechanical Power Transmission
Mining, Oil Drilling & Refining
Mounting and Attaching Products
Non-Industrial Products
Optics and Photonics
Packaging Products & Equipment
Paints and Coatings
Plant Furnishings and Accessories
Portable Tools
Printing and Duplicating Equipment
Retail and Sales Equipment
Robotics
Safety and Security Equipment
Sensors, Monitors and Transducers
Services
Software
Test and Measuring Instruments
Textile Industry Products
Thermal and Heating Equipment
Timers and Clocks
Transportation Industry Products
Vision Systems
Waste Handling Equipment
Welding Equipment and Supplies
Association News
Browse Categories
Browse Companies
 Press Releases
Products in the News
Company News
Mergers & Acquisitions
People in the News
Literature & Websites
 Resources
News Delivery Options
Mobile Edition
PR Resources
Licensing
Advertising
How to Write an effective Press Release
Trade Associations
Small Business Support
MEP


Advertisement

Story Tools
Tools for Registered Users
   Go Back |  Send Story by email E-Mail  |  Print  |  Post   
   Save Story |  Watch_Company  
Archive News Story
(Products mentioned in this Archive News Story may or may not be available from the manufacturer.)


Software helps predict fraudulent behavior.


September 13, 2006 - Genalytics Model 6.0 transforms large amounts of transaction data into predictive intelligence and uses genetic algorithms to automatically search and identify key combinations of time series variables found in any dataset. By studying time series patterns, organizations can identify credit risks, anticipate customer attrition, and detect probable bankruptcies. Software also allows users to format modeling output for Java and SPSS.


Related categories:   Software


Archive Press Release
(Products mentioned in this Archive Press Release may or may not be available from the manufacturer.)


Release date: August 7, 2006


Genalytics Model 6.0 Taps Time Series Data to Help Predict Fraud, Identity Theft


New Time Series Capability for Improved Predictive Analysis of Transactional Data, Formatting to Support Java and SPSS

ANDOVER, Mass., Aug. 7 // -- Genalytics, a leading provider of predictive data solutions that help organizations better analyze and target their customers, today announced the release of Model 6.0. The new release automates the ability to process time series data so that companies can more efficiently and effectively predict such things as fraudulent behavior.

Genalytics' software transforms vast amounts of data into predictive intelligence and puts the power of patented genetic algorithms to use by automatically searching and identifying the key combinations of time series variables found in any dataset. This process drastically reduces the pre-processing time traditionally needed to build a model that predicts behavior based on customer trends. For example, Model 6.0 can detect fraud in bank transaction data. By using the new release time series capability, several variables that are very predictive of fraud, such as time of day, were uncovered.

"Business data is all about a series of time-related transactions and resulting trends," said Doug Newell, president and founder of Genalytics. "By quickly and efficiently identifying key time series patterns using Model 6.0, organizations will do a better job of targeting fraud, identifying credit risk, anticipating customer attrition, and detecting probable bankruptcies. The ability to automatically process thousands of time series variables opens up a world of predictive possibilities for anyone collecting transactional data."

In addition to the time series capabilities, Model 6.0 offers customers the ability to format modeling output for Java and SPSS, as well as the previous SAS formatting.

About Genalytics

Genalytics is a supplier of advanced business analytics software that helps direct marketers and data analysts better target customers, discover new market opportunities, manage risk, and detect fraud. The company's patented software platform uses existing data to create predictive models that are applied to over 120 million households, making more accurate projections about future customer behavior. Genalytics is used by the financial, telecommunications, non-profit, franchise and retail industries.

Source: Genalytics

Web site: http://www.genalytics.com/


Contacts:

Public Relations:
Pan Communications
Ann Shannon
USA
Phone: 978-474-1900
Send email  E-mail this person

Company Information:
Name: Genalytics, Inc.
Address: 300 Brickstone Square
City: Andover
State: MA
ZIP: 01810
Country: USA
Phone: 978-684-7580
FAX: 978-684-7585
http://www.genalytics.com



Story Tools
   Go Back |  Send Story by email E-Mail  |  Print  |  Post   

Click here for copyright permissions!
Copyright 2008 Thomas Publishing Company

Send email Contact company
company web site Company web site
more company news More news from this company
directory searchSearch for suppliers of:
Data Analysis Software
Data Security Software
directory searchJoin the forum discussion at:
Engineers Lounge

Advertisement
Related Stories:
Oct 13, 2008Software erases data from PDAs and Smartphones.
Oct 13, 2008Software supports Patient Safety Organization certification.
Oct 13, 2008Software facilitates cross-platform capacity planning.
Oct 13, 2008Hardware Security Modules are FIPS-approved.
Oct 13, 2008Network Security OS enables secure virtualization.
Oct 13, 2008Software addresses web analytics and real-time ETL.
Oct 10, 2008FDO Providers drive geospatial open source community.
Oct 9, 2008BI Software facilitates use via visual analytics.
Oct 8, 2008Software offers SAS 70 certified email compliance solution.
Oct 7, 2008Software ensures service continuity, network integrity.
Oct 7, 2008Software helps analyze SharePoint activity and site usage.
Oct 7, 2008Software optimizes SOA and Web applications.
Oct 7, 2008Software extends endpoint security policies to all devices.
Oct 7, 2008Firmware protects against Kaminsky DNS exploit.
Oct 2, 2008DAQ Software monitors and analyzes precision measurements.
Oct 2, 2008Software optimizes SOA and Web applications.
Oct 2, 2008Software promotes GRC program maturity and optimization.
Sep 30, 2008Software performs high throughput/content screening analysis.
Sep 30, 2008EDA Software offers mixed signal implementation solution.
Sep 30, 2008Data Management Software has native support for IBM zSeries.
Other News from this company:
Oct 16, 2006 Genalytics Software Now Automatically Identifies Trade Area Segmentation
 
Category Advertisements

Newsroom Advertisers







Brought to you by Thomasnet.com        Browse ThomasNet Directory

Copyright © 2008 Thomas Publishing Company
Terms of Use - Privacy Policy