Testing teams can use Synthesized to generate diverse and realistic databases that simulate various fraud scenarios. This allows banks to rigorously test their fraud detection systems and algorithms, ensuring robust protection against fraudulent activities.
By creating compliant synthetic data, Synthesized helps testing and QA teams validate reporting systems to ensure accuracy and adherence to financial regulations such as Basel III and Dodd-Frank.
Synthesized produces realistic test data for claims processing systems, allowing testing teams to validate and optimize workflows, ensuring efficient and accurate claims handling.
Insurers use Synthesized to generate synthetic data for testing policy management systems, ensuring they can handle various policy scenarios and changes without errors.