Read the SAS Anti-Money Laundering fact sheet.
Rapidly increasing risk – combined with evolving government regulations – requires an advanced strategy when it comes to monitoring data for illicit activity. SAS helps you take a risk-based approach, making it easier to manage alerts, test scenarios and comply with industry regulations.
Know almost instantly if suspicious activity is happening. SAS segmentation strategies can identify patterns based on an entity's history or its peers – an approach proven to increase SAR conversion rates. And because you can manage alerts from a centralized system, it's easier to preserve data security, minimize IT support costs and promote collaboration across the enterprise.
With our funds tracking capability, it's easy to visualize the flow of funds between the focal entity and other entities of interest. The Sankey diagram used to track the flow of funds helps you see debits and credits, as well as variation in volume of funds between entities.
With anti-money laundering and counterterrorist financing regulations affecting the industry, not only must you file timely and accurate SARs, but you also must be able to show regulators and auditors how you analyze and prioritize risks. With our technology, you can automatically monitor suspicious behavior, document the decision process and, if applicable, file pre-populated reports with the appropriate authorities.
SAS high-performance visualization tools significantly reduce the time required to analyze data, visualize patterns, hypothesize monitoring strategies and validate scenario deployments. With SAS Visual Scenario Designer, you can simulate and validate scenarios until you find – and implement – the right one. The end result? Better decisions, faster.
In an industry that moves fast, you don't need complicated user interfaces slowing you down. SAS Anti-Money Laundering technology has an interface that's designed to facilitate quick, accurate decisions – which means all the information you need is one or two clicks away.
See SAS® Anti-Money Laundering in action.
Brian Ferro, Senior Product Manager at SAS, demonstrates how SAS Anti-Money Laundering provides a risk-based approach to monitoring transactions for illicit activity to comply with anti-money laundering and counterterrorist financing regulations.
Improving Anti-Money Laundering Operations
David Stewart, Director of the Banking Security Intelligence Practice at SAS, discusses why financial organizations looking to modernize their anti-money laundering operations are looking beyond baseline regulatory requirements to include financial intelligence teams tasked with actively reducing exposure and improving operations.
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