CASE // Prop Trading Firms
Fraud, risk and challenge economics for an evaluation-based prop firm.
Built an integrated fraud, risk and cohort-economics stack for a prop firm processing tens of thousands of challenges per month.
-63%
Payout fraud loss
+18%
Challenge margin
Real-time
Cohort EV visibility
Scope
- · Fraud & AML intelligence
- · Risk & exposure intelligence
- · Executive & BI dashboards
- · Retention & dormancy flows
The state of play
The firm was growing quickly but flying blind on cohort economics and losing meaningful revenue to coordinated payout fraud.
What we shipped
A graph-based fraud engine, a real-time challenge economics view, and a lifecycle journey engine tailored to the challenge → funded → payout arc.
Impact
Payout fraud losses dropped sharply, per-cohort economics became visible to the executive team, and marketing spend is now allocated against expected value.