#United States #AI Technology #Fairfax #Fraud Prevention #CGI

CGI Rolls Out Advanced AI Fraud Prevention Platform

In a significant move aimed at enhancing financial integrity across government agencies, CGI Federal Inc. proudly announces the launch of its Fraud, Waste, and Abuse (FWA) Prevention Platform. This innovative tool is now accessible through the Financial Management Quality Service Management Office (FM QSMO) Marketplace, an initiative under the U.S. General Services Administration.

The CGI FWA Prevention Platform represents a collaborative effort developed alongside TrackLight Inc. and operates on the robust Amazon Web Services (AWS) infrastructure. This sophisticated platform integrates cutting-edge technologies such as real-time risk detection, advanced analytics, and artificial intelligence. Such features empower federal agencies to effectively identify and address potential fraudulent activities proactively.

Key Features of the CGI FWA Prevention Platform

One of the standout attributes of this platform is its ability to utilize third-party data and open-source intelligence to conduct thorough risk assessments before processing payments. This ensures that agencies can catch fraudulent transactions before they occur, providing a much-needed layer of security for taxpayer dollars.

Additionally, the platform is designed to seamlessly interact with any existing core financial system within federal agencies. It establishes a comprehensive solution capable of handling various operational complexities. Through the power of AI-backed automation, the platform not only identifies risks efficiently but also mitigates and resolves them while maintaining an auditable trail of documentation and decision-making processes.

Furthermore, the CGI FWA Prevention Platform utilizes a rich array of FWA analytic models that can continuously monitor agency transactions. This monitoring aids in detecting potential fraud schemes, insider threats, and any suspected waste or abuse of agency resources.

Significance of the FM QSMO Marketplace

The FM QSMO Marketplace serves as a central hub for modern, standards-based solutions and services embraced by the U.S. Department of the Treasury. Its primary goal is to drive innovation and ensure compliance with federal regulations while supporting efforts that standardize and automate financial systems across governmental channels. By incorporating CGI's platform, the Marketplace significantly expands agencies' resources to combat fraud effectively and streamline modernization efforts.

"Preventing fraud, waste, and abuse is a top priority for the federal government," stated Kerry Canfield, Vice-President for Intellectual Property Strategy at CGI. He emphasized that the FM QSMO designation not only enhances the platform's credibility but also aligns it with the broader goals of shared services within the federal landscape.

About CGI Federal

CGI Federal Inc. stands as a recognized leader in technology and professional services, primarily catering to various federal agencies, including those focused on defense, healthcare, and intelligence. With a skilled workforce of nearly 8,000 professionals, CGI's mission centers on modernizing government operations through tailored technological solutions and adaptive delivery models.

For additional details, you can visit CGI Federal’s official site.

About TrackLight

TrackLight specializes in providing AI-enhanced solutions for fraud detection and prevention. Their comprehensive suite includes essential tools for due diligence, social network analysis, and fraud analytics, empowering agencies to better navigate the complexities of today's fraud landscape. Learn more about TrackLight at tracklight.ai.

As public sectors increasingly leverage innovative technology, the CGI FWA Prevention Platform symbolizes a substantial stride towards securing governmental financial operations and ensuring accountability across federal agencies. The strategic incorporation of advanced analytics and AI into fraud prevention mechanisms signals a future where federal operations can balance efficiency with enhanced oversight, ultimately safeguarding taxpayer interests.