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Interactive Anomaly Detection in Large Transaction History Databases

Interactive Anomaly Detection in Large Transaction History Databases
Interactive Anomaly Detection in Large Transaction History Databases
The scale of financial sector crime today makes the detection of anomalous financial flows into, out of and within, a nation one of the most important functions of modern government. The analysis necessary for detection of such criminal activity depends on the existence of a central IT infrastructure capable of maintaining historical transaction records and capable of enabling the application of advanced analysis techniques to large data volumes. We describe a software tool developed to aid the rapid, error-free transformation of data held in aggregated transaction history databases into matrices for analysis by fraud detection experts. We also present some initial results of performance characterisation studies which will provide the basis for guidelines on how transformations can be tuned to make best use of underlying parallel database systems.
143-150
Allen, P
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McKendrick, R
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Scott, C
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Buonanno, M
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Mostacci, P
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Naldini, C
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Scuderi, V
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Stofella, P
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Liddel, H
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Colbrook, A
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Hertzberger, B
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Sloot, P
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Allen, P
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McKendrick, R
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Scott, C
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Buonanno, M
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Mostacci, P
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Naldini, C
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Scuderi, V
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Stofella, P
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Liddel, H
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Colbrook, A
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Hertzberger, B
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Sloot, P
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Allen, P, McKendrick, R, Scott, C, Buonanno, M, Mostacci, P, Naldini, C, Scuderi, V and Stofella, P (1996) Interactive Anomaly Detection in Large Transaction History Databases. Liddel, H, Colbrook, A, Hertzberger, B and Sloot, P (eds.) High Performance Computing and Networking (HPCN Europe 1996), Brussels, Belgium. 15 - 19 Apr 1996. pp. 143-150 .

Record type: Conference or Workshop Item (Other)

Abstract

The scale of financial sector crime today makes the detection of anomalous financial flows into, out of and within, a nation one of the most important functions of modern government. The analysis necessary for detection of such criminal activity depends on the existence of a central IT infrastructure capable of maintaining historical transaction records and capable of enabling the application of advanced analysis techniques to large data volumes. We describe a software tool developed to aid the rapid, error-free transformation of data held in aggregated transaction history databases into matrices for analysis by fraud detection experts. We also present some initial results of performance characterisation studies which will provide the basis for guidelines on how transformations can be tuned to make best use of underlying parallel database systems.

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Published date: 1996
Additional Information: Lecture Notes in Computer Science Event Dates: 15-19 April 1996
Venue - Dates: High Performance Computing and Networking (HPCN Europe 1996), Brussels, Belgium, 1996-04-15 - 1996-04-19
Organisations: Electronics & Computer Science, IT Innovation

Identifiers

Local EPrints ID: 252521
URI: http://eprints.soton.ac.uk/id/eprint/252521
PURE UUID: 84efb279-796b-41c9-b33b-7e4416e7aba7

Catalogue record

Date deposited: 21 Mar 2003
Last modified: 14 Mar 2024 05:19

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Contributors

Author: P Allen
Author: R McKendrick
Author: C Scott
Author: M Buonanno
Author: P Mostacci
Author: C Naldini
Author: V Scuderi
Author: P Stofella
Editor: H Liddel
Editor: A Colbrook
Editor: B Hertzberger
Editor: P Sloot

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