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Oracle Launches New Version of Mantas

Oracle (Redwood Shores, Calif.) has released the latest version of its Mantas Behavior Detection Platform.

The new release of Oracle Mantas offers more detection and prevention functions, enhanced investigations through enterprise-level case management as well as alert and event correlation for a single financial crime and compliance management reporting platform. Mantas offers interactive dashboards as well as drill down and ad hoc query capabilities provided by the Oracle Business Intelligence Suite Enterprise Edition Plus.

When working with Oracle Adaptive Access Manager, Mantas also enables financial institutions to correlate events and identify patterns thorough real time cross-channel fraud and suspicious activity monitoring, along with fraud prevention and interdiction capabilities.

According to Oracle, new alert correlation capabilities in Mantas enable financial institutions to more easily integrate information from multiple sources to identify anomalies in behavior across channels and lines of business. Enterprise-level case management functionality provides institutions with a complete and contextual investigation platform that is standards-based and integrated with downstream workflows to simplify the process of generating and filing regulatory reports. Link analysis and network visualization capabilities assist in identifying complex fraud and money laundering patterns and relationships between seemingly unrelated customers, entities and accounts. An integrated presentation layer enables contextual investigative and analytical capabilities. Mantas also allows for peer profiling and peer group definition functions to enable financial crime and compliance business units to monitor, detect and report against business specific peer groups thus achieving effective monitoring and management of false positives.

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