SAS (Cary, N.C.) today announced the release of a new analytics platform deigned to help several different sectors -- including financial services -- guard against losses from fraud and improper payments, regulatory non-compliance, and security threats.
According to the company, SAS Security Intelligence employs continuous monitoring technology and high-performance analytics to assist in preventing losses and improving accuracy. The enhanced infrastructure uses common analytic detection and investigation components to address fraud and improper payments, regulatory compliance and security objectives across industries, said SAS.
"There is no common nomenclature to define financial crimes across industries," said Stu Bradley, Senior Director for Security Intelligence Solutions at SAS. "SAS extends far beyond historically defined financial crime to issues related to regulatory compliance, national security, public safety, network security and law enforcement. This important distinction emphasizes the breadth of SAS' industry-leading capabilities."