A Swiss bank dealing with fraud in healthcare meant that this was a very sensitive project to work on in more ways than one.
A considerable level of care had to be given to the management and protection of the bank’s data due to the sensitive nature of the business. Only once the data had been annonymised, obfuscated (all column headings removed) and encrypted did the client consent for us to have access.
The outcomes (i.e. which records related to fraud and which didn’t) were completely withheld.
The data was to be verifiably destroyed within seven calendar days.
The model must be able to compute fraud probability in real time – no slower than 1 record per second.