Defining and grouping criteria to manage risks
To detect and act upon fraudulent behavior Risk Analytics Presentation Service A highly dynamic web interface that provides webpages for the user to intuitively interact with Risk Analytics. It is a Microsoft .NET 4.7.2 ASP.NET application hosted inside Microsoft Internet Information Services (IIS). offers a set of different options to filter the events, according to clearly defined parameters. These filtering levels are generated and organized in a hierarchy The decision hierarchy is the hierarchical structure in which the defined rules are processed. within rule management.
By defining rules Rules are used to define sets of criteria to verify if an event (transaction and non-monetary event) matches any fraudulent behavior. If an event matches a previously defined rule, an alert can be raised. and rule criteria in Risk Analytics Presentation Service you define criteria in one place to analyze risks and pending alerts so that further alerts can be raised. Rules exist within a hierarchical concept: a rule is placed in a division Decision divisions group several types of rules in a hierarchical structure to filter the events to ensure that the raised alerts can be processed adequately., which in turn is placed in a campaign Decision campaigns group elements in a hierarchical structure to filter events and ensure that the raised alerts can be processed adequately. Campaigns target specific record types such as for instance approved transactions only. A campaign is the top filtering level..
Before an event matches against a rule, it will have to match the criteria specified at the campaign level. Division criteria are added to each criteria rule belonging to the division.
To access previously defined rules navigate to DESIGN RULES & ACTIONS > Rule Management > Rules in Risk Analytics Presentation Service. For more information about rules and creating rules, see Rules, actions, and response/status.
Risk Analytics Presentation Service displays the Decision Analytics In decision analytics, data is interpreted to come to valuable decisions. Risk Analytics applies decision analytics in form of machine learning models. tab in the dashboard of every hierarchy item. The table in this tab is read-only; it displays the information from the database.
Risk Analytics Jobs web service computes daily factors stored in the Decision Analytics Server. Daily computation starts at 00:00 hours every night. For more information about changing the computation interval, refer to the OneSpan Risk Analytics Installation Guide.
The decision analytics table contains the following elements:
- Inference factors. The Inference factors column lists the factors to be used.
- Factors table. Lists the factor used for analysis.
- Score Field. This column displays the destination field in which the score will be placed.
Risk Analytics Presentation Service will display only those parameters that have been set up in the database.