SAS has launched a new anti-money laundering solution along with the introduction of its Financial Services Practice. The anti-money laundering solution will enable financial institutions to detect and report criminal financial activities in order to reduce risk and meet government regulations. The solution gathers information from different data sources, transforms the appropriate data into usable knowledge, identifies potential money-laundering activity and reports back on the results. End users can also modify and prioritize anti-money laundering detection logic. Analytics can help weight the severity of the rules violations and rank suspicious behavior.
The Securities Industry Association will be holding its Business-Continuity Planning Conference and Exhibition October 29-30 at the New York Marriott Brooklyn in Brooklyn, New York. The conference will include an overview of the SIA Business-Continuity Planning Committee's activities and goals and will offer workshops on Best Practices and Industry Regulation, Industry Testing & SIAC, Crisis Management and the SIA BCP Command Center, Digitizing Documents for Workflow and Disaster Recovery, IP Availability Solutions, The Data Center Facility Component of Business-Continuity Planning and Catastrophic Events/Crisis Management. For more details or to register for the event go to www.sia.com/bcp02/