SAS Named Best Anti-Money Laundering Solution

As part of the July Waters rankings issue, SAS was selected by readers as the best anti-money laundering solution provider. More than 500 readers voted on the best financial information technology vendors and awarded SAS 38.1 percent of the vote in the anti-money laundering compliance category. SAS also ranked second in the best operational risk compliance category.

"SAS strives to ensure our customers' success through focused business solutions and world-class expertise," says David Stewart, Director of SAS' Anti-Money Laundering Program. "This award is a testament that we are addressing the specific industry pains of our financial services customers worldwide, and that our hard work and commitment are appreciated."

Installed directly or accessed through an application service provider, SAS® Anti-Money Laundering is a sophisticated anti-money laundering solution that can take mountains of information from all areas of a financial business, manage and refine that information, and turn it into usable knowledge that will help a business identify and classify suspicious behavior efficiently and accurately. It can help institutions meet stringent government regulations, protect shareholder confidence and maintain a strong reputation. The solution offers an integrated and open-ended architecture that lets organizations gather information across data sources, transform the appropriate data into real intelligence, detect suspicious activity, and accurately alert investigators and authorities.

Readers of Waters magazine rank SAS the leader in anti-money laundering solutions.