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Fraud Analytics Suite is a fraud detection tool that detects suspicious claims as early as the first notice of loss and automatically refers claims to investigators. Identify insurance fraud before the claim is paid, with CSC's Fraud Analytics SuiteÂ®.Fraud Analytics Suite is fraud detection software that can have a major positive impact on your loss ratio with its comprehensive approach to identifying suspicious claims.raud Analytics Suite allows you to: 1  Detect fraud early. 2  Identify the right claims to focus on. 3  Automate time-consuming processes. 4  Streamline workflow. 5  Quickly identify suspicious participants or patterns in claims.
Organisations commonly limit their fraud data analysis to quantification of the financial impact when fraud is detected by some other means. However, data analytics techniques can also have a significant role to play in the early-warning, detection and monitoring of fraud.eveloping analytics tests Data analytics challenges While data analytics offers many benefits as a fraud prevention measure, it is also important to recognise the challenges associating with performing these techniques:â¢ Data quality â The results from analytics tests are only as good as the input data.