Neural Technologies heralds in the next generation in risk decisioning technology with the launch of MinotaurCloud™. MinotaurCloud™ is an IT hosted solution that offers organisations full control and visibility of the risk to their business in the areas of fraud, credit, customer attrition, collections and revenue assurance.
MinotaurCloud™ provides swift, precise assessment of risk, with all the benefits offered by a hosted solution, such as rapid implementation, reduced resource requirement and reduced costs.
The solution is the combination of the technology, knowledge and experience from the merging of FICO's LiquidCredit solution (already successfully utilized in North America by telecommunications and financial institutions for application risk assessment of each application before service is provisioned) and Neural Technologies' Minotaur™ platform (already deployed around the world to tackle fraud, risk and revenue assurance), resulting in a fully hosted IT system providing a 360º view of customer lifecycle risk management.
MinotaurCloud™ 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.
Said Luke Taylor, Commercial Director of Neural Technologies, "Managed solutions and services are becoming an increasingly popular alternative for organisations looking to reduce costs, decrease time to market and focus resources on core business activities. In addition to offering all those benefits, MinotaurCloud™ also enables organisations to profit from our extensive and specialist risk management expertise, gained from twenty years experience of achieving substantial savings and rapid return on investment for our worldwide customer base".
More information on MinotaurCloud™.
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