ReadiMinds, recognized as the 100 "Most Promising" Global Companies "Driving the Future of Technology" - is a multi-award winning, new generation emerging leader in financial crime, security, risk & compliance management software.
ReadiMinds’ ReadiONE: Right-Time Response System, is the result of over 6 years of R&D, and is targeted for emerging new class of applications, requiring "Right-Time Response" to Mitigate Losses and Maximize Opportunities. ReadiONE delivers industry leading low-latency millisecond performance even for heavy load conditions of 14,000 concurrent users, which is certified by IBM and Sun Microsystems.
ReadiONE’s uniquely innovative approach of providing fully-configurable “Right-Time Response” platform for variety of low-latency risk & opportunity solutions, enables customers take holistic enterprise wide approach and save millions of dollars.
ReadiMinds’ ReadiSCORE: a predictive scoring system is targeted for progressive financial institutions that want to strengthen their credit risk management environment. ReadiSCORE is based on artificial intelligence techniques; it profiles and learns from existing data, and then forecasts the future outcome, for a given new transaction. It is a self-learning system. It helps bring the objectivity to credit risk management, meet the lack of domain expertise challenge and minimize the loss of enterprise knowledge due to staff attrition.
ReadiMinds: Quick Overview
Founded in June, 2000 in Singapore, with premier global investors from USA, Hong Kong & Singapore.
- Pioneer & Innovator in SOA technology .
- First to announce service-oriented architecture platform .
- First to announce process mobilization platform .
- First to announce BPEL based business process orchestration system [2002/4].
- First to use correlation scenario detection engine .
- First to uniquely combine service-oriented architecture, process-driven architecture
and event-driven architecture with metadata and webservices for a fully-configurable,
ultra low-latency “risk & opportunity” solutions platform ReadiONE.
- First to announce real-time, multi-layered system for transaction security & fraud prevention .
- First to provide true cross-channel security .
- First to combine true cross-channel detection with false-positive reduction .
- First to deliver ultra low-latency response of milliseconds even for heavy load conditions of 14,000 concurrent users on an average server platform .
- First to provide integrated phishing & identity protection as layer 1 security on ReadiONE .
- First to design and build ground-up a system over 7 plus years of R&D, which is designed to take a holistic view of emerging new class of low-latency “risk & opportunities” solutions.
Innovative Low-Latency Risk & Opportunity Solutions built on “Right-Time Response” Platform [ReadiONE]
- Transaction Security [Integrated Phishing & Identity Protection]
- Real-Time Cross-Channel Fraud Prevention
- Real-Time Anti-Money Laundering
- Real-Time Enterprise Risk Monitoring & Mitigation
- Real-Time Cross/Up-Sell
- Low-latency custom “Risk & Opportunity” solutions
Innovative Self-Learning Predictive Scoring System [ReadiSCORE], an artificial intelligence based system designed for credit risk management.
ReadiONE “right-time response” platform is also suited for Real-Time Electronic Surveillance & Response for the Homeland Security industry; and Real-Time Hospital Operations Centre for Hospitals and the Health Care industry.
Many Global Recognitions
- Red Herring Global Top 100 Company Award Winner – Award recognizes the 100 “Most Promising” Global Companies “Driving the Future of Technology”!
- Red Herring Asia Top 100 Company Award Winner.
- Prominently covered in a book titled “Innovative Singapore Companies”. Book is published by IE Singapore - arm of Singapore Government.
- Innovation Grant Award by Infocomm Development Authority of Singapore/Economic Development Board of Singapore.
- Winner of “Wired with Wireless” from IDA, Singapore.
- Founding member of Oasis Asia.
- WSS recognized as “world’s first”.
- Recognized by European Tech Tour.
- Recognized by JETRO/Japanese Government.
- Received “CRN Test Center Recommended”.
- Banking, Finance, Securities & Insurance [BFSI]
- Homeland Security
In addition to marketing and licensing ReadiONE & ReadiSCORE, ReadiMinds also selectively licenses its intellectual property for white labeling on OEM basis to strategic partners and clients. In specific cases, where there is very high degree of synergy with our clients/partners, ReadiMinds also undertakes outsourced R&D surrounding above products and technology & domain areas.
ReadiMinds solutions deliver following business advantages:
- Minimize Losses, Maximize Opportunities: Dynamic, highly flexible, and fully configurable “risk & opportunity” solutions platform helps mitigate losses associated with transactions security, financial crime, and non-compliance; and maximizes revenue generation opportunities. This unique approach delivers advantage of millions of dollars.
- Holistic Approach: Helps take holistic, enterprise-wide, cross-channel “risk & opportunity” approach, on a single platform - which starts at the low-price point and grows as the requirements grow - saves millions of dollars and lots of hassle over the years.
- Rapid Customization & Comprehensive Incident Management: System provides fully-configurable rapid customization. In addition, it provides comprehensive incident investigation, analytics, forensics, audit trail, case management, and role-based reporting & real-time management & operational dashboards. All of this on a single “risk & opportunity” platform results in improved process efficiency and reduced operational cost.
- ReadiMinds is a specialist vendor – its core focus is on financial crime, security, risk & compliance management. This focus enables deliver leading edge solutions, providing strategic advantage to our customers around the world.
- Last but not the least: ReadiMinds is the leader in price/performance!