What is SAS Anti-Money Laundering?
SAS Anti-Money Laundering is an AML compliance solution that combines transaction monitoring, AI and machine learning, customer due diligence, entity resolution, investigation management and regulatory reporting. It helps financial institutions identify complex financial crime threats, investigate suspicious activity and manage AML compliance on a unified platform.
How SAS Anti-Money Laundering works
-
Detect complex threats with industry-leading AI and machine learning capabilities
Take a multidimensional approach to identifying complex threats, such as virtual currencies, human trafficking, trade-based money laundering and drug trafficking. Combine proven, out-of-the-box scenarios with industry data to identify unknown relationships through network analytics. Join our innovative clients who augment traditional approaches with SAS’ award-winning AI and machine learning capabilities to identify complex anomalies.
-
Adopt perpetual know your customer (KYC) best practices
An integrated customer due diligence/enhanced due diligence (CDD/EDD) capability monitors changes in demographic characteristics that influence client risk ratings and behavior-based triggers from transaction monitoring processes to trigger enhanced due diligence reviews. The EDD workflow prompts analysts with dynamic checklists to ensure consistent capture of KYC information. Network analytics provides a visual metaphor of hidden relationships and notable risks for quickly identifying ultimate beneficial owners.
-
Meet your business needs with open administration
With low-code/no-code system administration, your institution can tailor the system to meet the needs of your business without requiring technical consultants. User-friendly, intuitive open administration capabilities offer a simple drag-and-drop visual interface for authoring surveillance scenarios, designing end-user screens, configuring dynamic workflows, and exploration and reporting.
-
Improve efficiency with enhanced entity resolution
The system summarizes potential suspicious activity from scenario-fired events at a customer or counterparty dimension, significantly enhancing efficiency compared with transaction-level reviews. Our real-time network and entity generation capabilities empower you to predict relationships, resolve entities by deduplicating entity records, plug intelligence gaps and uncover hidden relationships in real time based on the latest data without the need to execute long overnight batch jobs.
Key features
Fully end-to-end
Encompasses data integration, data quality, entity resolution, automated monitoring, AI/machine learning, investigation management and reporting – all on one unified platform to address your entire compliance life cycle needs.
A modern, nimble platform
Accelerates the analytics life cycle via an innovative, cloud-native architecture that enables faster deployment cycles, access to the most advanced features and frictionless scalability.
No-code/low-code interface
Offers a simple point-and-click visual interface for optimizing AML strategies and deploying SAS machine learning capabilities.
Transparency & explainability
Provides visibility into the decisions made by AI/ML models so AML teams can understand why activities were flagged and explain those outcomes and decisions to auditors, model governance staff and regulatory examiners.
Посмотрите SAS® Anti-Money Laundering в действии.
Recommended anti-money laundering resources
To browse resources by type, select an option below.
-
- Select resource type
- Технический документ
- Вебинар
- Article
- Blog Post
- Customer Story
- Customer Story
- E-Book
- Infographic
- Infographic
- Podcast
- Solution Brief
-
Article
4 strategies to change your approach to fraud detection -
E-Book
The strategic bank playbook: Transforming insights into impact -
Технический документ
Building a foundation for innovation: Five steps to keep your AML program efficient and effective -
Технический документ
How AI and Machine Learning Are Redefining Anti-Money Laundering -
Технический документ
Explainable Artificial Intelligence for Anti-Money Laundering -
Solution Brief
Real-Time Watchlist Screening -
Solution Brief
Anti-money laundering -
Article
Next generation anti-money laundering: robotics, semantic analysis and AI -
Article
Next generation anti-money laundering: robotics, semantic analysis and AI -
Технический документ
Proactive anti-financial crime strategies to improve compliance and reduce risk -
Article
Rethink customer due diligence -
Технический документ
AI Is at the Forefront of Reducing Money Laundering and Combating the Financing of Terrorism -
Customer Story
Preventing crime and ensuring compliance at 120 Nordic banks -
Article
Аналитика SAS помогает финансовым разведкам выявлять риски и типологии отмывания денег -
Article
Mobile payments, smurfs and emerging threats