Fraud Detection with SAS

Summary

The Fraud Detection Services uses the expertise of BeOptimized to improve detection and utilization of SAS fraud solutions like SAS Anti-Money Laundering, SAS Fraud Framework or SAS Visual Investigator. Thanks to that, the number of false positives can be drastically reduced and your compliance team spends less time investigating daily alerts. With BeOptimized your solution is leveraged as it should be. Our Senior consultant, Christophe Kabacinski has been an official SAS Anti-Money Laundering / SAS Anti-Fraud Consultant at SAS Belgium during 4 years; he implemented those solutions accross europe in a lot of companies and master those solutions like nobody !

Want to get an example of what we did for a customer? Download here the SAS Forum 2017 presentation to see part of the tasks we did at ERGO Insurance.

Quick Facts

  • End-to-end capabilities of our experts (ETL, AML, Analytic and Reporting)
  • International certification in Anti-Money Laundering System (CAMS certified)
  • Experience accross Europe
  • Education of employees to effectively use the solution

Certifications

  • CAMS certification

Service Description

Fraud Detection Services allows you to take advantage of the powerful SAS Anti-Money Laundering server. This high level service helps you to:

  • Implement the SAS AML/ECM solution and map the data with your organization's own data
  • Helps you identify key scenarii or develop new ones that are related to your business needs
  • Reduce the number of the false-positive alerts thanks to scenario fine tuning and analytics
  • Customize user interface and the underlying process so that it corresponds to your real/new needs
  • Customize the alert workflow so that it adheres to your internal process
  • Improve the daily batch run operational efficiency (ETL, Alert Generation Process, Risk Assessment Process)
  • Create new VA reports
  • Optimize the utilization of watch list (Load speed and utilization of fuzzy logic in the matches)
  • Gather information and prepare for regulator audit
We work with you to develop these services, so that knowledge transfer is automatic and allows you to become self-sufficient. Software migration service & promotion from one environment to another is also part of our field of expertise. Finally, migration from non 'SAS AML' to 'SAS AML' as well as improvement of the non 'SAS AML' with SAS technology are also our domain expertise.

Application of the SAS hybrid approach (combination of business rules with datamining and social network analysis) to detect fraudulent activity and leverage of the SAS Fraud Framework. More precisely:
  • Implement/customization of the SAS Fraud Framework solution and map the datamodel with your organization's own data
  • Translate business rules into SAS rules
  • Utilization of supervised and unsupervised datamining technics to predict fraud
  • Utilization of the Social Network Analysis to highlight the potential frauder's network (in conjonction with Proc Optgraph)
  • Integration and configuration of the user interface.
  • Model recalibration
  • Process Optimization to get near real-time answers