SAS® Anti-Money Laundering has been named AML Solution of the Year in the Asia Risk Technology Awards 2020. SAS, the global leader in analytics, was recognized for its innovation and creativity in anti-money laundering (AML) technology. SAS was also lauded for its advanced solution capabilities, customer testimonials and market reputation.
“SAS has enhanced its analytics platform with artificial intelligence (AI) and machine learning (ML) for next-generation AML. These technologies help customers detect illicit money-laundering activities more efficiently and gain a holistic view of risks posed to their organization,” said Keith Swanson, Director of the Global Fraud & Security Intelligence Practice for SAS in the Asia-Pacific region. “Our clients can capitalize on extensive SAS AI/ML technologies to build more sophisticated monitoring systems that detect suspicious transactions, while reducing false positive rates and compliance costs.”
The Asia Risk Technology Awards are the longest-running and most prestigious awards platform for firms and individuals involved in Asia’s derivatives markets and risk management. The awards recognize technology and solution providers that are doing the most to help the financial services industry meet its various challenges in innovative and forward-looking ways.