CGI Federal Inc. announced the release of a new Fraud, Waste and Abuse (FWA) Prevention Platform designed to support U.S. federal government agencies in detecting and preventing potential improper payments. Developed in partnership with TrackLight Inc. and running on Amazon Web Services (AWS), the platform integrates real-time risk identification, AI-powered analytics, and robust core financial integration. This solution is currently available to clients using CGI's Momentum solution, with future options for other major financial system integrations.
The FWA Prevention Platform continuously monitors transactions through advanced fraud analytics, applying predictive models trained on a comprehensive library of over 3,000 fraud schemes. This process enables federal agencies to identify and prevent potentially fraudulent activity at the earliest stage, reducing financial loss and enhancing public trust. TrackLight's AI-driven technology and extensive open-source intelligence records form a key foundation for these capabilities, while AWS provides the secure, scalable infrastructure.
This product launch reinforces CGI's commitment to supporting the administration's objective to prevent fraud, waste, and abuse across the federal government. The platform not only helps agencies enhance public trust and support regulatory compliance but also improves mission outcomes and service delivery. CGI's Momentum solution, an industry-leading budget, financial, and acquisition management system, is utilized by over 180 federal government organizations, making this new platform a significant enhancement to its offerings.
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