NEW YORK, Dec. 13, 2016 /PRNewswire/ -- ThetaRay, a global leader in big data anomaly detection, announced today that it has been recognized by CIOReview as one of 2016's top 20 financial services providers.
"We are happy to announce ThetaRay as one of 20 companies that are setting new trends in the Financial Services arena," said Jeevan George, Managing Editor of CIOReview. "ThetaRay helps organizations to detect and mitigate unknown risks before impact to services, operations, compliance and reputation can occur."
ThetaRay's cutting edge solution suite helps financial organizations detect operational risks like fraudulent activity, insider threats, money laundering and a broad range of abnormal business processes. The technology works rapidly and accurately to save companies money, lower risk, and prevent negative impact. Organizations whose operations rely on highly heterogeneous and complex environments leverage ThetaRay's unmatched detection and low false positive rates as a see-all power that enables them to unify detection and defeat the unknown.
"We are honored that CIOReview recognizes ThetaRay's ability to protect financial institutions from the most complex and destructive cyber crimes," said Mark Gazit, CEO of ThetaRay. "It is indicative of the growing need within financial institutions to go beyond traditional threat detection to identify and defend against the unknown unknowns."
ThetaRay is dedicated to helping clients at large financial organizations, cyber security divisions and critical infrastructure become more resilient and seize opportunities. Its advanced analytical solutions operate with unprecedented speed, accuracy and scale, enabling clients to manage risk, detect money laundering schemes, uncover fraud, expose bad loans, uncover operational issues and reveal valuable new growth opportunities.
Published from Fremont, California, CIOReview is a print magazine that explores and understands the plethora of ways adopted by firms to execute the smooth functioning of their businesses. A distinguished panel comprising of CEOs, CIOs and IT VPs including the CIOReview editorial board finalized the "20 Most Promising Financial Services Technology Solution Providers 2016" and shortlisted the best vendors and consultants. For more info, visit: www.cioreview.com
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