SPECIFYING AND COMPILING HIGH LEVEL FINANCIAL FRAUD POLICIES INTO STREAMSQL

Michael Edward Edge, Pedro R. Falcone Sampaio, Oliver Philpott, Mohammad Choudhary

2009

Abstract

Fraud detection within financial platforms remains a challenging area in which criminals continue to thrive, breaching security mechanisms with increasingly innovative and sophisticated system attacks. Following the migration from reactive to proactive screening of transactional data to reduce an organisations fraud detection latency, fraud analysts now find themselves responsible for the maintenance of extensive fraud policy sets and their implementation as complex data stream processing procedures. This paper presents a Financial Fraud Modelling Language and policy mapping tool for high level expression and implementation of proactive fraud policies using stream processors. A key aspect of the approach is reduction of the complexity and implementation latency associated with proactive fraud policy management through abstraction of policy functionality using a conceptual level modelling language and innovative policy mapping tool. This paper focuses upon the rule based language model for high level expression of financial fraud policies and the associated compiler tool for specifying and mapping policies into StreamSQL.

References

  1. Arasu, A., S. Babu, et al. (2006). "The CQL continuous query language: semantic foundations and query execution." The VLDB Journal 15(2): 121-142.
  2. StreamBase. (2008). "www.streambase.co.uk."
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Paper Citation


in Harvard Style

Edward Edge M., R. Falcone Sampaio P., Philpott O. and Choudhary M. (2009). SPECIFYING AND COMPILING HIGH LEVEL FINANCIAL FRAUD POLICIES INTO STREAMSQL . In Proceedings of the 11th International Conference on Enterprise Information Systems - Volume 3: ICEIS, ISBN 978-989-8111-86-9, pages 194-199. DOI: 10.5220/0002001501940199


in Bibtex Style

@conference{iceis09,
author={Michael Edward Edge and Pedro R. Falcone Sampaio and Oliver Philpott and Mohammad Choudhary},
title={SPECIFYING AND COMPILING HIGH LEVEL FINANCIAL FRAUD POLICIES INTO STREAMSQL},
booktitle={Proceedings of the 11th International Conference on Enterprise Information Systems - Volume 3: ICEIS,},
year={2009},
pages={194-199},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0002001501940199},
isbn={978-989-8111-86-9},
}


in EndNote Style

TY - CONF
JO - Proceedings of the 11th International Conference on Enterprise Information Systems - Volume 3: ICEIS,
TI - SPECIFYING AND COMPILING HIGH LEVEL FINANCIAL FRAUD POLICIES INTO STREAMSQL
SN - 978-989-8111-86-9
AU - Edward Edge M.
AU - R. Falcone Sampaio P.
AU - Philpott O.
AU - Choudhary M.
PY - 2009
SP - 194
EP - 199
DO - 10.5220/0002001501940199