Hosted Services
Neural Technologies offers a fully or partially hosted risk management service, providing corporations with the capability to monitor fraud and risk without the associated expenditure of purchasing and installing an in-house risk management solution.
For many small and start up organisations, the initial licence, maintenance and hardware costs involved in purchasing a risk management solution are prohibitive. Minotaur™ Hosted Services enables organisations to benefit from the full risk management capability of Neural Technologies' solutions, and the expertise of the company's configuration experts, for an affordable monthly fee.
MinotaurCloud™
MinotaurCloud™ heralds the next generation in risk management technology. A fully hosted IT solution, it offers organisations full control and visibility of risk to their business via their web browser.
MinotaurCloud™ empowers organisations to assess their customer base for risk, both at application stage and throughout the customer lifecycle. It offers an enterprise-wide view of risk, encompassing the areas of fraud, credit, customer attrition, collections and revenue assurance.
Developed in partnership with Microsoft to thrive on Windows 7, MinotaurCloud™ provides fast, accurate assessment of risk with all the benefits offered by a hosted solution, such as rapid implementation, reduced resource requirement and reduced costs. Furthermore it incorporates interfaces to all major consumer/commercial reporting agencies and credit checking bureaus, to provide a complete 360 degree view of risk.
With MinotaurCloud™ there is no large licence fee to pay, or hardware to buy; merely minimal upfront investment, followed by a monthly subscription charge - which can be based on return on investment or performance of the solution. Furthermore, all security and maintenance issues are taken care of by Neural Technologies, negating the need for in-house IT resource.
The technology
MinotaurCloud™ is a fusion of FICO's LiquidCredit solution, already successfully utilized in North America by telecommunication and financial institutions for application risk assessment, and Neural Technologies' Minotaur™ platform, which is delivering measurable results for its global customer base in the areas of fraud, risk and revenue assurance.
The solution is powered by advanced analytical processes as well as predictive neural analytics, with full user control over data access, policy rules, configuration and reporting, enabling organisations to have a solution mapped to their unique business requirements.
MinotaurCloud's™ flexible configuration management enables organisations to customize the solution to their unique business requirements, whilst its dynamic case management environment empowers them to proactively search out risk, investigate cases and progress them to conclusion.
Business benefits
- Fast, accurate risk assessment
- Minimal investment (no upfront licence fee or hardware required)
- Payable on a monthly subscription basis
- Rapid implementation and return on investment
- Reduced and more efficient use of resources
- Configurable to meet your specific business requirements
- Easily accommodates new products and services, and business growth
- Interfaces with various data sources
- Compliant and consistent decisions
- A secure, proven ASP environment that eliminates down time
- Option to pay on performance or ROI
- Support of experienced team with extensive domain expertise
Rapid implementation With MinotaurCloud™ you are up and running almost immediately, assuring rapid return on investment. As new products and services evolve, they can be easily incorporated ensuring you have complete risk control over your entire product portfolio at all times.
User configurable The solution provides you with control over data access, policy rules, configuration and reporting, enabling you to customize the solution to your unique business requirements, without incurring associated third-party programming costs and delays.
Interfacing with various data sources MinotaurCloud™ is extremely flexible and can interface with a myriad a various data sources, including, but not limited to, consumer reporting agencies, credit checking bureaus and analytical models. Feeds are selected to meet each each client's specific business needs to provide a more accurate picture of risk.
Compliant and consistent decisions The solution ensures consistent decisions across channels and lines of business. You are provided with reports and standard reason and decision override codes, enabling you to demonstrate consistency to regulatory bodies.
Robust and reliable MinotaurCloud™ provides a secure, proven ASP environment that is over 99.9% reliable. Backed by a dependable, experienced team, standing by to assist in ever-changing market situations to keep pace with your business needs.
Support from experienced team When you make the decision to implement MinotaurCloud™ you benefit from Neural Technologies' extensive domain knowledge and the unrivalled expertise of its configuration experts, who will help you to fine-tune the solution to meet your unique business requirements.
Download the MinotaurCloud™ fact sheet.
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