Defendants from the Hells Angels, gold deals, missing millions, and rockers. If it sounds like a mystery, it is. After a Hamburg tax investigation, four men were arrested and accused of tax evasion valued at 27 million euros. Spiegel researched and presented their sophisticated business model in a video and…
Palturai allows you to see beneath the surface.
Protect your capital
Reduce potential payment defaults and reputation damage. Ease the burden on investigation and fraud prevention budgets.
Play it safe
Identify anomalies during initial on-boarding and avoid new business with risky partners.
Take a deeper look
Improve transparency about risky business partners. Company-wide.
“A detection rate of only 1% to 3% of suspected fraudulent payments is common in the market today. The potential for cost savings to be collected is therefore enormous”.
How does it work? Take a look at these dynamic features.
Perhaps the company belongs to an undesirable industry, or there is a case of fraud or litigation?
You determine which risks are marked.
As a result, all colleagues see the striking red icon and are briefly informed about the respective risk type. Either directly in the company profile, in the network or in the investment structure.
This is where our Distance-to-Trouble algorithm comes into play. It calculates a risk score for each node in the network.
The "trouble maker" itself assumes the highest risk. Depending on the distance and type of relationship, the trouble maker then continues to infect its environment.
You too can determine risk scores for your network of business partners.
In our example of Technology SE you will be warned immediately by a yellow risk banner in the company profile.
This is because there are risk factors in the company's environment ("Network Risks").
See more details about network risks on the next pictures.
By the way, the banner is always displayed automatically as soon as insolvency or country risks or internal markings of "trouble makers" are present.
In our example case you can see the following:
Via a profit transfer agreement, Technology SE has a direct legal relationship with International Tobacco Ltd, your marked "trouble maker".
There are unusually many relationships with inactive companies in the network.
Numerous investments are located in high-risk countries.
With this detailed information you can now better assess whether the new partnership is acceptable for you on this basis or not.
A former CEO of Technology SE had a leading position in a company that is now inactive and was officially deleted.
A former board member is currently still the economic beneficiary of an active but insolvent company.
Here, too, you can benefit from comprehensive transparency, e.g. knowing exactly when which relationships existed with whom, or whether a controlling influence existed.
In our case, Technology SE holds shares in companies worldwide. Some of them are also located in countries that are officially assessed as having a high country risk.
On the world map you can see at a glance how many critical relationships go where worldwide.
In the detailed view you can also see beyond that,
- whether the relationships are direct/indirect,
- and which companies or persons are involved.
Efficient fraud prevention with the Palturai BusinessGraph
The global economy is a huge, dynamic network. Every day, new nodes and relationships are created in the rhythm of the market – or are dissolved.
Knowledge of the complex network of relationships between companies or their decision-makers is invaluable for insurance companies. A systemic view of this extensive, multi-faceted ecosystem is especially valuable in fraud detection and prevention.
SaaS, integrated or on-premise. Which solution suits you best?
Experience for Web
Our Software-as-a-Service solution
Without an IT project, you can do research in our feature-rich web application. Just log in and get to work. Of course, we will accompany you in the first steps.
Seamless Integration in Your System
Simply integrate our solutions into your applications – whether you have your own software or standard applications. Choose the appropriate REST services.
MyPlatform for SAP
Secure On-Premise Solution
A complete embedding in your system landscape creates the highest added value. You create your own BusinessGraph in-house and work completely self-sufficiently.
Risk & Fraud in practice. Selected case studies.
Questions? I will gladly answer your questions in a personal conversation!
“Our customers identify previously invisible network risks and uncover hidden fraud potential. Our unique BusinessGraph platform is ready to use as an upgrade of their existing systems in just a few days. Your success is measurable!”