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fincrimetech50 locstat

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fincrimetech50 locstat

We illuminate the concealed risks and opportunities in the dark spaces of your digital environment by transforming the popular graph database into a graph intelligence platform

Locstat is a graph intelligence platform with customer driven industry and point solutions, incorporating graph-based AI, analytics and event processing, that enables organisations to rapidly scale next generation data solutions

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Quick time to value and measurable ROI

Research shows that by adopting innovative, AI supported digitalisation strategies an organisation can realise considerable benefits and gains. We have achieved great success in improving customer efficiencies and delivered significant ROI as measured by us and confirmed by research companies, including Gartner and McKinsey & Company. This illustrates the value of next generation advanced analytics technologies in solving today’s complex problems more cost effectively than solutions driven by relational databases.

From removing the time, cost and complexity of building this type of capability in-house to benefiting from a wide range of impactful metrics, Locstat LightWeaver® is an affordable solution that will rapidly produce considerable ROI.

ROI Return on investment
graph intelligence platform,fraud detection,analytics,ai

Research shows that by adopting innovative, AI supported digitalisation strategies an organisation can realise considerable benefits and gains. We have achieved great success in improving customer efficiencies and delivered significant ROI as measured by us and confirmed by research companies, including Gartner and McKinsey & Company. This illustrates the value of next generation advanced analytics technologies in solving today’s complex problems more cost effectively than solutions driven by relational databases.

From removing the time, cost and complexity of building this type of capability in-house to benefiting from a wide range of impactful metrics, Locstat LightWeaver® is an affordable solution that will rapidly produce considerable ROI.

Concentrate on your core business and let a graph intelligence platform do the rest

The power of graph

At the core of Locstat LightWeaver® sits graph database technology.

Graph databases are built on the concept that the relationships between datapoints are as or more important than the data points themselves.

Graph analytics is a set of analytical technologies that allows for the exploration of relationships between entities of interest such as people, organisations and transactions.

But a graph database alone is not a panacea to your digitalisation challenges. A complementary ecosystem exploits the full power of graph so you can fully realise next generation capability in complex data environments, in real-time and at scale.

This is what Locstat LightWeaver® provides: a high-performance graph intelligence platform for graph querying, mining, analytics, AI / machine learning (ML) and complex event processing.

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By 2025, graph technologies will be used in 80% of data and analytics innovations, up from 10% in 2021, facilitating rapid decision making across the enterprise.”
graph intelligence platform,fraud detection,analytics,ai

Graphs are the native format, the most natural data structure of the world’s data.
Jenson Huang, CEO
graph intelligence platform,fraud detection,analytics,ai

Capitalizing on graphs requires more than having a graph database.
InfoBrief
graph intelligence platform,fraud detection,analytics,ai

Industries

Capabilities

Flexible data capture
& onboarding

graph intelligence platform,fraud detection,analytics,ai

Collect and capture real-time streaming and batched data from any source, sensors, message queues and 3rd party systems in your environment. Locstat LightWeaver® is also an IoT / SMART integration platform.

Cloud data storage / data lake

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Store data in a cloud-based, distributed and linearly scalable data storage architecture. Locstat LightWeaver® is hosting environment agnostic, including private cloud, AWS, Azure or GCP.

High performance computation engine

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Analyse your data to generate patterns, trends and statistics in batch or real-time in a distributed, clustered computing framework.

Complex event processing

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Set intricate rules that can model complex logic, time and uncertainty as well as graph algorithmic metrics in an easy and understandable manner.

GraphAI & machine learning

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Develop complete computational data science and machine learning workflows and high-level abstraction using the Locstat framework. Operationalise these through our MLOps capability.

Graph analytics & visualisation

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Use industry strength, best of breed graph database technology that supports Apache Tinkerpop as its graph computing framework with Gremlin as its graph traversal language. Visualise your data through graph visual analytics.

Geospatial processing engine

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Receive real-time location intelligence from a 2D and 3D geospatial interface and analytics engine, including spatial aggregation through equal area hexagons and density mapping on-the-fly. Track multiple assets in real-time.

Data fabric

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Governance, privacy, rules and group-based access permissions and data pipelines are managed to enable discovery, analytics, consumption, management and monetization of data assets.

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Solutions

graph intelligence platform,fraud detection,analytics,ai
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Advantages

  • Access to next gen advanced analytics technology
  • Elastic scalability
  • Quick time to value – weeks not months or even years to develop in-house
  • Cost effective – 50% reduction in cost of ownership
  • Quick ROI – new use cases can be delivered and operationalised 90% faster
  • Reduced risk in data governance and compliance
  • High volume transaction monitoring and automated compliance reporting
  • Light touch implementation
  • No-code and dynamic rules
  • Little or no impact on business systems
  • Medium to low resource input required
  • On-prem, cloud agnostic, hybrid, and seamless migration from on-prem to cloud
  • Ingests data from disparate data sources and includes a data lake environment
  • Enhances and integrates with existing customer environment, including operationalisation into workflows / business systems
  • Delivers a competitive advantage
  • Elastic scalability
  • Quick time to value – weeks not months or even years to develop in-house
  • Quick ROI – new use cases can be delivered and operationalised 90% faster
  • Light touch implementation

Clients

In a highly complex transactional system, the ability of a SaaS product to provide a real-time early-warning solution is critical. This combined with the graphing capabilities makes Locstat an essential tool in combating fraud for companies with transactional systems.
Sean Baxter, Fraud, Risk and Compliance Manager
Flash