Rapidly increasing risk – combined with evolving government regulations – requires an advanced strategy for monitoring data for illicit activity. SAS helps you take a risk-based approach, making it easier to manage alerts, test scenarios and comply with industry regulations.
Addresses many data challenges, from processing big data to accessing and integrating legacy sources – all in a single platform.
Delivers insights from big data quickly with an infrastructure that enables you to test hypotheses, ask questions and simulate scenarios.
Detects suspicious activity and generates alerts for events that meet rule parameters using a robust, flexible scenario engine.
Gives investigators a holistic view of work items and easy access to the knowledge center database via a web-based interface.
Know almost instantly if suspicious activity is happening. SAS segmentation strategies can identify patterns based on an entity's history or its peers – an approach proven to increase SAR conversion rates. And because you can manage alerts from a centralized system, it's easier to preserve data security, minimize IT support costs and promote collaboration across the enterprise.
With our funds tracking capability, it's easy to visualize the flow of funds between the focal entity and other entities of interest. The Sankey diagram used to track the flow of funds helps you see debits and credits, as well as variation in volume of funds between entities.
With anti-money laundering and counterterrorist financing regulations affecting the industry, not only must you file timely and accurate SARs, but you also must be able to show regulators and auditors how you analyze and prioritize risks. With our technology, you can automatically monitor suspicious behavior, document the decision process and, if applicable, file pre-populated reports with the appropriate authorities.
SAS high-performance visualization tools significantly reduce the time required to analyze data, visualize patterns, hypothesize monitoring strategies and validate scenario deployments. With SAS Visual Scenario Designer, you can simulate and validate scenarios until you find – and implement – the right one. The end result? Better decisions, faster.
In an industry that moves fast, you don't need complicated user interfaces slowing you down. SAS Anti-Money Laundering technology has an interface that's designed to facilitate quick, accurate decisions – which means all the information you need is one or two clicks away.