SAS gets recognition for its Anti-Money Laundering solution

Business analytics software and services provider, SAS has announced that it has been selected by the readers of Waters magazine as the best Anti-Money Laundering (AML) compliance solution provider.

SAS Anti-Money Laundering, part of SAS Financial Crimes Suite, brings together multiple SAS solutions and technologies for detecting, preventing and managing financial crimes including money laundering and fraud. Organizations can use the flexibility of interconnected modules to roll out either a single or multiple modules, decreasing implementation times and improving results.

Safeguarding against money laundering continues to be a high priority agenda for financial institutions. At SAS, we leverage our analytics expertise to provide a unified defence against fraud, financial crimes and money laundering. It’s indeed an accomplishment to be recognised as the leader in anti-money laundering category." said Sudipta K. Sen, Regional Director  South East Asia, CEO  & MD - SAS Institute (India).

SAS Anti-Money Laundering takes full advantage of high-performance analytics capabilities to provide the most accurate, complete solution for detecting, investigating and reporting on potential illicit activity – including customer due diligence, suspicious activity monitoring, watch-list filtering, FinCEN e-filing support and case management. SAS also provides a user group for its AML customers, enabling them to share best practices and knowledge as a community.