SAS Anti-Money Laundering

What is SAS Anti-Money Laundering?

The SAS Anti-Money Laundering solution provides a comprehensive platform for financial institutions to manage their anti-money laundering (AML) compliance requirements. This cloud-based solution offers tools for data management, analytics, suspicious activity monitoring, sanctions and watchlist screening, and regulatory reporting, all within a fully integrated system The solution's key capabilities enable users to:

Highlights

• Process over 2 billion transactions in a single night through advanced array processing, allowing for the monitoring of multiple risks simultaneously with minimal impact on processing time
• Conduct faster and more thorough investigations with a customizable alert management hub, providing a holistic view of work items and easy access to relevant information to speed up the review and decision-making process
• Reduce AML compliance costs by generating fewer false-positive alerts, allowing investigators to focus on high-risk events and increasing the effectiveness and efficiency of investigations through a seamless workflow