Building a Unified Operating System for Risk and Fraud in Financial Services

Tommy Nicholas, CEO of Alloy, discusses the journey of building a unified operating system for risk, fraud, and credit evaluation in retail financial services. Alloy aims to solve the complex problems of fraud, AML, and credit by providing an integrated platform that combines various tools and services in one place. From day one, Alloy has focused on the two by three matrix: origination, ongoing fraud and AML, and credit evaluation. The company integrates with over 60 different companies and offers more than 200 products across the three domains. Tommy is particularly excited about the innovation happening in pushing fraud controls post-origination, reducing customer friction while preventing fraud effectively. He believes that Alloy's ongoing focus will be on solving these risk management challenges in the financial services industry over the next decade.