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SAS Anti-Money Laundering Reviews & Product Details

SAS Anti-Money Laundering Overview

What is SAS Anti-Money Laundering?

SAS offers a truly comprehensive, one-stop anti-money laundering solution – from data to (suspicious activity/transaction) reporting – that breaks down financial crime risk management silos, solution streamlines AML operations and meets all compliance related requirements. SAS Anti-Money Laundering solution provides a fully integrated platform for transaction monitoring, customer due diligence, sanctions and watchlist screening, and regulatory reporting.

SAS Anti-Money Laundering Details
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Product Description

SAS helps you take a risk-based approach, making it easier to manage alerts, test scenarios and comply with industry regulations.

How do you position yourself against your competitors?

SAS takes a hybrid approach to detection, applying traditional rules and AI/machine learning strategies to identify complex money laundering and terrorist financing threats. Advanced network visualization helps to quickly uncover complex, hidden relationships and plug intelligence gaps. Semi-supervised machine learning models offer intelligent alert prioritization that triages alerts warranting investigation and hibernates low-value alerts – so investigators can focus on the riskiest activities.


Seller Details
Year Founded
1976
HQ Location
Cary, NC
Twitter
@SASsoftware
62,434 Twitter followers
LinkedIn® Page
www.linkedin.com
17,268 employees on LinkedIn®
Phone
1-800-727-0025
Description

SAS offers business analytics software and services, and is an independent vendor in the business intelligence market. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®.


Crystal S.
CS
Overview Provided by:
Customer Engagement Analyst at SAS

Recent SAS Anti-Money Laundering Reviews

Gichuru  S.
GS
Gichuru S.Mid-Market (51-1000 emp.)
4.5 out of 5
"A reliable risk compliance solution."
The product has advanced analytics tools that enable it cab financial crimes. Implementation of the product is easy due to its user friendly inter...
Ankita .
A
Ankita .Small-Business (50 or fewer emp.)
3.0 out of 5
"Compliance full proof"
Operational efficiency which comes from the model accuracy. It is easy to use and has a good set of implications.
Uttam K.
UK
Uttam K.Mid-Market (51-1000 emp.)
4.5 out of 5
"Best tools for anti money laundering"
Different Tables relations are smoothly dedicated to showing in frontened. Specially in risk scenarios.
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SAS Anti-Money Laundering Media

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11 SAS Anti-Money Laundering Reviews

4.0 out of 5
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11 SAS Anti-Money Laundering Reviews
4.0 out of 5
11 SAS Anti-Money Laundering Reviews
4.0 out of 5

SAS Anti-Money Laundering Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for SAS Anti-Money LaunderingQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Pratik K.
PK
Lead Generation Executive
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
Products used within SAS Fraud, Anti-Money Laundering & Security Intelligence Platform: SAS Anti-Money Laundering, SAS Fraud, Anti-Money Laundering & Security Intelligence
What do you like best about SAS Fraud, Anti-Money Laundering & Security Intelligence Platform?

It's a comprehensive platform for fraud detection, anti-money laundering, and security intelligence, reducing the need for multiple tools and systems. It has advanced Analytics, also we can customize according to our requirements.

Also, we can get technical support of the platform 24/7. Easy to use and implement. Review collected by and hosted on G2.com.

What do you dislike about SAS Fraud, Anti-Money Laundering & Security Intelligence Platform?

Nothing to dislike about the platform but sometimes its gets complex to implement and configure with those who have fewer resources. Review collected by and hosted on G2.com.

What problems is SAS Fraud, Anti-Money Laundering & Security Intelligence Platform solving and how is that benefiting you?

Detects and prevents various types of fraud, such as credit card fraud, insurance fraud, and identity theft. Also, it identifies suspicious activity related to money laundering, helping organizations comply with regulations and mitigate risks. It also protects against cyber threats like data breaches and malware attacks. Review collected by and hosted on G2.com.

Ansar k.
AK
Senior Fraud Analyst
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about SAS Anti-Money Laundering?

SAS AML is best tool we used to identify and mitigate risk associated with the transactions and accounts... it's really worthy product for the amount we invested Review collected by and hosted on G2.com.

What do you dislike about SAS Anti-Money Laundering?

The customer support system need to be improved for SAS , due to high customer in line to get the support and resolve issues sometimes users need to be wait for a while...there are some functions need to be upgraded Review collected by and hosted on G2.com.

What problems is SAS Anti-Money Laundering solving and how is that benefiting you?

- SAS AML helps to analyze large volume of financial data, transactions and customer behavior to identify suspicious activity

- Real time alerts generating for potential money laundering activities

- it helps the organization to stringent with compliance regulations Review collected by and hosted on G2.com.

Gichuru  S.
GS
Civil Engineer
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about SAS Anti-Money Laundering?

The product has advanced analytics tools that enable it cab financial crimes.

Implementation of the product is easy due to its user friendly interface.

The product is very efficient and integrates well with other softwares.

Flexible payment packages.

Availability of Customizable templates Review collected by and hosted on G2.com.

What do you dislike about SAS Anti-Money Laundering?

Delay in customer support services is major setback. They keep you on hold for a long time. Review collected by and hosted on G2.com.

What problems is SAS Anti-Money Laundering solving and how is that benefiting you?

Use of the product has enhanced transactions and performance control. These has reduced payments irregularities and credit cards fraund. Review collected by and hosted on G2.com.

Uttam K.
UK
Associate Consultant
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about SAS Anti-Money Laundering?

Different Tables relations are smoothly dedicated to showing in frontened. Specially in risk scenarios. Review collected by and hosted on G2.com.

What do you dislike about SAS Anti-Money Laundering?

All are good need to improved backened structure. Review collected by and hosted on G2.com.

What problems is SAS Anti-Money Laundering solving and how is that benefiting you?

I worked project in banking sector there I have done the implementation of risk scenarios. It is very much help to the client to counter the activity of money laundering. Review collected by and hosted on G2.com.

Kousik B.
KB
Risk Analyst
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about SAS Anti-Money Laundering?

It's simple and has effective interface which is easily accessible, also has different resources which makes user to have control over things. Review collected by and hosted on G2.com.

What do you dislike about SAS Anti-Money Laundering?

Nothing as of now everything is good and clean. Review collected by and hosted on G2.com.

What problems is SAS Anti-Money Laundering solving and how is that benefiting you?

It shows various potential threats and cautions users in many ways in counteracting Review collected by and hosted on G2.com.

Ankita .
A
Senior Consultant - Data Analytics &amp; Automation
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about SAS Anti-Money Laundering?

Operational efficiency which comes from

the model accuracy. It is easy to use and has a good set of implications. Review collected by and hosted on G2.com.

What do you dislike about SAS Anti-Money Laundering?

As of the use,there is nothing to dislike only to improve. Review collected by and hosted on G2.com.

What problems is SAS Anti-Money Laundering solving and how is that benefiting you?

High quality matching analytics shows transparency while performing analysis. Review collected by and hosted on G2.com.

AJ
Team Leader - Fraud & Risk Strategy
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about SAS Anti-Money Laundering?

Helps in making sound decision through powerful and impactful insights Review collected by and hosted on G2.com.

What do you dislike about SAS Anti-Money Laundering?

The activity log and high false - positive nature is what makes the end user difficult to take accurate decision Review collected by and hosted on G2.com.

What problems is SAS Anti-Money Laundering solving and how is that benefiting you?

helps in making categorise the data set belongs to high risk , medium risk and low risk Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
Incentivized Review
What do you like best about SAS Anti-Money Laundering?

SAS AML is fairly easy to use and is a reliable platform. The program gives a rather good overview of a costumers transactions. Furthermore, the program works fairly quick. Review collected by and hosted on G2.com.

What do you dislike about SAS Anti-Money Laundering?

You need some what knowhow of the setup in order to make scenarios for SAS AML. Furthermore, there are some small issues that could help on the overall experience. Review collected by and hosted on G2.com.

What problems is SAS Anti-Money Laundering solving and how is that benefiting you?

Our general handling of Anti-money laundering activities. We are benefitting from the great overview of alarms and customers, as well as the easy approach to handling alarms. Review collected by and hosted on G2.com.

Verified User in Insurance
II
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about SAS Anti-Money Laundering?

Honestly, it's hard to tell one. It can do the basics of what you expect after a huge implementation effort. But this is an on-premises software so it might fulfill your need if you can only take on-premises one. Review collected by and hosted on G2.com.

What do you dislike about SAS Anti-Money Laundering?

The software is designed based on old technology from platform to application itself. It needs a huge effort to implement and maintain. It's hard to customize for your requirements. Instead, it needs you to transform raw data into a format set by SAS. Review collected by and hosted on G2.com.

Recommendations to others considering SAS Anti-Money Laundering:

No Review collected by and hosted on G2.com.

What problems is SAS Anti-Money Laundering solving and how is that benefiting you?

We adopt name-checking from SAS. It helps us with daily customer name check against WorldCheck data. This automates our manual process. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about SAS Anti-Money Laundering?

The system can be tuned to meet all your specific needs the way you want it, SAS Filters all info you need in one simple page Review collected by and hosted on G2.com.

What do you dislike about SAS Anti-Money Laundering?

SAS is not as much friendly as supposed to be with Arabic language Review collected by and hosted on G2.com.

Recommendations to others considering SAS Anti-Money Laundering:

Go ahead ! Review collected by and hosted on G2.com.

What problems is SAS Anti-Money Laundering solving and how is that benefiting you?

SAS is great in monitoring transactions using its smart senarios and CDD implementation supports work flow very well Review collected by and hosted on G2.com.