Posts

Showing posts with the label banking analytics

5 Key Ideas on SAS Banking Analytics

Image
SAS is providing solutions for banking. Getting away with financial crime just got harder. The latest SAS Financial Crimes Suite arms institutions to detect potential suspicious activity more efficiently than ever. A new customer due diligence solution within the suite more accurately detects changes in a customer’s risk profile. Enhanced anti-money laundering and case management capabilities also make it easier to have a complete view of threats across an institution’s financial crimes investigation unit. “A comprehensive view of potential threats will help in efforts to thwart criminals from successful attempts of hiding illicit funds,” says James Wester, global payments research director at IDC Financial Insights.  “A technology infrastructure with customer risk rating and high-performance analytics will help speed detection and investigation in all channels.”. SAS Analytics Suite for Banking Crimes Today’s rigorous regulatory environment requires banks to move quickly