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SAS supplies super sleuthing powers with new case management solution

Wednesday, October 28, 2009

Organizations in areas such as banking, insurance, government and healthcare need to stay one step ahead of criminals and better manage investigations of fraud and other financial crimes. New software from SAS, the leader in business analytics software and services, arms investigators with the analytical power to streamline processes and investigations, helping to reduce costs and improve fraud prevention. SAS® Enterprise Case Management is the latest component to the recently announced SAS Fraud Framework.

A 2008 survey by the Association of Certified Fraud Examiners (ACFE) revealed that 90 percent of ACFE member companies expect fraud to continue growing, with internal fraud increasing most rapidly. A recent TowerGroup report1 in August 2009 found “case management can contribute a return on investment beyond fraud and risk mitigation by reducing operating costs and even uncovering new business opportunities. Case management offers an effective and automated means to leverage data used in fraud investigation for marketing and proactive customer outreach to improve retention.” 

Article sourced from www.sas.com, click here to read full story.

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