SAS named a Leader in enterprise fraud management by independent research firm

News provided by

Sep 05, 2018, 07:57 ET

CARY, N.C., Sept. 5, 2018 /PRNewswire/ -- SAS, the leader in analytics, has been named a Leader in The Forrester Wave^TM: Enterprise Fraud Management, Q3 2018. According to Forrester Research's evaluation, SAS is one of two vendors that "lead(s) the pack" of enterprise fraud management (EFM) providers.

In its assessment of SAS, Forrester notes how SAS^® Fraud Management "builds on the vendor's extensive data exploration and visual analytics capabilities." SAS was further noted for "an impressive visual workflow designer, rule life-cycle manager, and broad configuration capabilities for designing investigator screens."

The Forrester Wave report evaluated the top vendors in enterprise fraud management through multi-faceted research and hands-on laboratory testing. In this edition, Forrester Research evaluated seven vendors against 38 stringent criteria within three high-level categories: current offering, strategy, and market presence. SAS received the top score above all participating vendors in the market presence category. SAS also earned the highest possible score in the criteria of data integration, risk scoring and alerting, reporting, and scalability.

"In my view, the Forrester report reinforces the significance of enterprise-wide risk management and integrated security intelligence solutions," said Stu Bradley, Vice President of Fraud and Security Intelligence at SAS. "The modern analytics and scalable, adaptable AI techniques embedded into SAS Fraud Management enable financial institutions to anticipate and prevent fraud before it occurs – a key differentiator that I believe is among the reasons SAS was named a leader in this report."

As a real-time, enterprise-wide fraud detection system, SAS Fraud Management helps organizations detect and prevent risk across the evolving spectrum of fraudulent techniques employed by today's criminals. In addition to helping significantly reducing potential fraud losses, the solution can also lower fraud fighting costs through increased operational efficiency and improve customer experience. To learn more, visit the SAS for Fraud and Security Intelligence website.

About SAS
SAS is the leader in analytics. 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^®.

SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2018 SAS Institute Inc. All rights reserved.

SOURCE SAS