SAS Wins AML Solution of the Year From Asia Risk
|
|
|
|
|
|
|
|
|
|
Date: 11-09-2020 3:14PM Source: SAS Category: General, Economy, Internet, Cyber Security, Information Technology, Business Services, Technology, It & Tech Location: Mumbai, Maharashtra, India
Business Wire IndiaThe global pandemic has led to challenging economic conditions in many regions. And economic challenges often lead to increased fraud. One such fraudulent activity, money laundering, can be difficult to detect without powerful advanced analytics. SAS® Anti-Money Laundering has been named Anti-Money Laundering (AML) Solution of the Year in the Asia Risk Technology Awards 2020. SAS, the global leader in analytics, was recognised for its innovation and creativity in Anti-Money Laundering technology. SAS was also lauded for its advanced solution capabilities, customer testimonials and market reputation. The award was presented by Asia Risk magazine, a leading publication for risk management professionals in the Asia-Pacific region. “SAS has enhanced its analytics platform with artificial intelligence (AI) and machine learning (ML) for next-generation AML. These technologies help customers detect illicit money-laundering activities more efficiently and gain a holistic view of risks posed to their organization,” said Keith Swanson, Director of the Global Fraud & Security Intelligence Practice for SAS in the Asia-Pacific region. “Our clients can capitalize on extensive SAS AI/ML technologies to build more sophisticated monitoring systems that detect suspicious transactions, while reducing false positive rates and compliance costs.” SAS Anti-Money Laundering leverages SAS® Viya®, a powerful and scalable platform for advanced analytics, available for both private and public clouds. SAS’ AML solution also includes SAS® Visual Investigator for integrated case management that increases investigation efficiency with entity resolution, robotic process automation and automated alert prioritization. The latest advanced analytics and proven investigative techniques combine to help financial institutions employ a risk-based and cost-effective approach to money laundering and terrorism financing detection and compliance. The Asia Risk Technology Awards are the longest-running and most prestigious awards platform for firms and individuals involved in Asia’s derivatives markets and risk management. The awards recognise technology and solution providers that are doing the most to help the financial services industry meet its various challenges in innovative and forward-looking ways. Learn more about fraud analytics from SAS. About SAS
SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®. SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2020 SAS Institute Inc. All rights reserved. For more information: www.sas.com/news, www.sas.com/india/
|
More Press Releases C3.ai Digital Transformation Institute Announces AI for Energy and Climate Security Grantees Moody’s Launches Moody’s Moments Video Series Providing Insight into Corporate Strategy IDEMIA Signs With Storstockholms Lokaltrafik “SL” to Launch the World’s First Ever Public Transport EMV White Label Cards Celebrity Face: India's No.1 Platform for Aspiring Content Creators and Fans to Photoshoot with Top Celebrities Tally Solutions Announces the First Edition of MSME Honours Sourced from the Himalayan Regions, Moving to the Wonders of Australia - BOHECO Joins Hands with Spring Sciences Australia Moneycontrol App's Monthly Active Users Six Times Larger Than Its Closest Competitor for May 2021 - Similarweb Healthcare Cloud Unicorn, Innovaccer, Certified as a Great Place to Work® Company The Nation Gears up for the First-ever Edition of National Poker Series, India DXC Technology Welcomes Brenda Tsai as Chief Marketing and Communications Officer Schlumberger New Energy and Panasonic Energy of North America Announce Strategic Collaboration on New Battery-Grade Lithium Production Process Fashion Designer Sanjukta Dutta Contributes Towards the Vaccination Drive Held in Assam Under the Guidance of Honorable Chief Minister Dr. Hemanta Biswa Sarma Western Union Accelerates Digital Money Movement for Postal Networks Worldwide NMIMS School of Branding and Advertising Partners with 120 Media Collective and Advertising Standards Council of India High-Touch Spectacles Now Made Virus Free by ZEISS DuraVision AntiVirus Platinum UV IRM India Affiliate Announces Results for May 2021 Level-1 Examination Wipro Annual Report 2021 on Form 20-F Available Online for ADS Holders RSA Introduces Outseer, a Spinout of its Fraud & Risk Intelligence Unit, to Transform Customer Authentication and Accelerate Revenue for the Digital Economy Abu Dhabi Based Tablez to Expand Upon Investment in India’s Toys Sector With Its Proprietary Brand
|