TrustRadius Insights
SAS Anti-Money Laundering has proven to be a valuable tool for businesses in combating money laundering and ensuring compliance with …
Overview
What is SAS Anti-Money Laundering?
SAS Anti-Money Laundering helps users take a risk-based approach, making it easier to manage alerts, test scenarios and comply with industry regulations.
Recent Reviews
Leaving a review helps other professionals like you evaluate Anti-Money Laundering (AML) Software
Be the first one in your network to review SAS Anti-Money Laundering, and make your voice heard!
Get StartedAwards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Product Demos
Reduce AML risks and compliance costs with SAS Anti-Money Laundering
YouTube
Product Details
- About
- Tech Details
What is SAS Anti-Money Laundering?
SAS Anti-Money Laundering Video
Describe how to simulate parameters changes in AML TransMon scenario in production environment
SAS Anti-Money Laundering Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
Comparisons
Compare with
Reviews
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
SAS Anti-Money Laundering has proven to be a valuable tool for businesses in combating money laundering and ensuring compliance with regulations. Users have found the software to be highly effective in automating their manual customer name checks against WorldCheck data. This has greatly streamlined their processes and saved them significant amounts of time and effort. By leveraging the smart scenarios and CDD implementation, users have been able to monitor transactions more efficiently and support their workflow effectively.
One of the key business problems solved by SAS Anti-Money Laundering is the need for robust monitoring of financial transactions. With the software's capabilities, businesses can easily track suspicious activities, identify potential risks, and take appropriate actions promptly. Financial advisors, in particular, have found the software to be easy to use and helpful in ensuring compliance in the AML space. By utilizing SAS Anti-Money Laundering, advisors can confidently meet regulatory requirements and mitigate potential risks associated with money laundering. Overall, users have achieved desired results in their anti-money laundering efforts by deploying this powerful software solution.
Flexible Customization: Users have praised SAS Anti-Money Laundering for its ability to be customized and tuned to meet specific needs, providing a flexible platform. Several reviewers have mentioned that this feature allows them to tailor the software according to their requirements.
Intuitive Interface: The intuitive and user-friendly interface of SAS Anti-Money Laundering has been widely appreciated by users. Multiple reviewers have highlighted how easy it is to navigate and perform tasks without encountering errors, making it a seamless experience.
Comprehensive Monitoring Capabilities: Reviewers have commended the software for its comprehensive monitoring capabilities. With both rule-based and behavior-centric alerts, SAS Anti-Money Laundering covers various protocols for supervising customer transaction activity. This ensures that all necessary information is conveniently filtered and presented on a single page, making it easy for users to access the required data.
Outdated Technology: Some users have expressed frustration with the software's reliance on outdated technology, which has made implementation and maintenance challenging.
Customization Difficulties: Several reviewers have mentioned difficulties in customizing the software to meet their specific requirements. They noted that transforming data into the format set by SAS can be cumbersome and time-consuming.
Language Support Issues: A few users have reported difficulties with the Arabic language support in the software, leading to usability issues for those working with this language.