Alta Analytics Adds Fuzzy Logic to Fraud-Fighting Software

Alta Analytics' NetMap for Claims made another step forward with the release of Version 3.1, announced in Las Vegas this week at the Insurance Fraud Management Conference. NetMap's visual link analysis technology will now incorporate Search Software America's fuzzy logic searching tool, SSA- NAME3. Alta Analytics is the only software provider with an automated gateway to the insurance industry's all-claims database, ISO ClaimSearch.

The software firm says this combination "makes the industry's best fraud solution even better." SSA-NAME3 resolves consistency issues inherent in extremely large databases, such as spelling and typing errors, the use of nicknames, as well as deliberate attempts to disguise names and addresses by altering a few letters or numbers.

Leading businesses and institutions, including AT&T, IBM, VISA, Citibank, Cornhill Insurance and The Hartford, use SSA-NAME3.

NetMap for Claims Version 3.1 will provide complete fuzzy logic indexing of the NetMap for Claims repository, empowering users to uncover perpetrators' true identities hidden behind slight variations in spelling, for example. Version 3.1 has also been enhanced to offer proactive internal fraud fighting capability.

NetMap for Claims Version 3.1 is expected to be available in 60 days. Alta Analytics is headquartered in Westerville (a Columbus, Ohio suburb), with sales and support offices in Chicago, Dallas, Baltimore, Philadelphia and an international office in London.