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Aithent Announces a New Hosted FPI(TM) (Fraud Prevention and Investigation) Software Solution.


New Hosting Site for Aithent FPI FPI Formal Public Identifier
FPI Front Populaire Ivoirien (French: Ivorian Popular Front, Icory Coast)
FPI Federal Prison Industries, Inc.
FPI Front Pembela Islam (Indonesian: Islamic Defenders Front) 
 Software Governed by SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System.  70 Standard

To be Demonstrated at Keystone key·stone  
n.
1. Architecture The central wedge-shaped stone of an arch that locks its parts together. Also called headstone.

2. The central supporting element of a whole.
 Konnection Conference

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Expanding the capabilities of its innovative software solutions for the financial, insurance and credit union sectors, Aithent, Inc. today announces the availability of the new hosted version of their FPI software. Aithent is bringing together the collaborative investigative case management capabilities of their hosted FPI software with a highly secure hosting site governed by the American Institute of Certified Public Accountants With over 330,525 CPA members (in August 2006), the American Institute of Certified Public Accountants (AICPA) is the largest professional organization of Certified Public Accountants (CPAs) in the United States of America.  (AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
) Statement on Auditing Standard 70 (SAS 70). Aithent's hosted FPI software solution provides users with an easy-to-use workflow enabled web-based solution that is both an investigative program and a management tool in one system with comprehensive support for a variety of investigations including AML AML - A Manufacturing Language  and complete support for SAR (Segmentation And Reassembly) The protocol that converts data to cells for transmission over an ATM network. It is the lower part of the ATM Adaption Layer (AAL), which is responsible for the entire operation. See AAL.

SAR - segmentation and reassembly
 filing. With Aithent's hosted FPI solution, the complexities and costs, including regulatory and compliance concerns, for business continuity are eliminated. Internal IT costs are lowered without compromising security making them predictable for subscribing organizations.

Aithent Demonstrating at the Keystone Konnection

Aithent will demonstrate their hosted FPI software solution to attendees of the International Association of Financial Crimes Investigators (IAFCI IAFCI International Association of Financial Crime Investigators ) Keystone Konnection conference. This conference addresses the most current fraud trends as they relate to advances in technology.

"We are pleased to be announcing the availability of the Aithent FPI hosted version at the Keystone Konnection conference," said Doug Feder, executive vice president of Investigative Solutions at Aithent, Inc. "It is important for organizations experiencing limited budgets but increasing requirements for specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 fraud and compliance investigation to know about a solution that addresses their critical needs."

Attendees visiting the Aithent booth will see the easy integration offered by the hosted FPI solution reducing data entry while providing investigators access to relevant data quickly. This data from investigations can be used to build requisite regulatory reports in addition to building case notes.

The Aithent FPI Advantage

Aithent is a global IT solutions provider with a strong focus on case management solutions. Today, Aithent's FPI is used by large financial institutions to fight fraud both as an independent solution and also as a part of the integrated approach coupled with leading third party detection systems. Investigative case management is an important and integral part of the solution to the fraud problem. Collaboration, workflow, alert management, interactive investigation and on-demand reporting capabilities streamline the investigative processes. Information captured through Aithent's FPI investigative processes enhances business fraud intelligence enabling the identification of new patterns of fraud leading to a comprehensive integrated solution.

About Aithent, Inc.

Founded in 1991, Aithent, Inc. is a leader in global IT serving the government, health care, insurance and financial markets offering specialized software services and innovative software solutions. Aithent enabled solutions for clients not only address today's needs, but also provide avenues of growth to answer the demands of tomorrow. Learn more: http://www.aithent.com.

Note to editors: FPI is a trademark of Aithent, Inc. All other company, organization, product or alliance names mentioned herein remain the property of their respective owners.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 7, 2007
Words:505
Previous Article:Sterling Mining Appoints Mooney Treasurer.
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