SAS among top two vendors for enterprise fraud management services: Forrester Report

Data analytics firm SAS has been named a Leader in the recently released Forrester WaveTM: Enterprise Fraud Management, Q3 2018 report.

Must Read

Microsoft partners with Accenture to host virtual startup challenge in India

Microsoft 100X100X100 program that focuses to bring 100 companies and 100 early and growth startups will collaborate with Accenture Ventures Open Innovation program to host Accenture Ventures Challenge

SAP eyes India’s MSMEs with ‘Global Bharat’ program

With the aim to focus on MSMEs market in India, SAP has launched 'Global Bharat' program with Nasscom, UNDP and

With AWS Outposts, Amazon Web Services enters into data center in India

Amazon Web Services said that AWS Outposts, a new product that brings its cloud infrastructure to on-premises data center is now available in India

Data analytics firm has been named a Leader in the recently released WaveTM: Enterprise Fraud Management, Q3 2018 report. According to Research’s evaluation, SAS is one of two vendors that leads the pack of enterprise fraud management (EFM) providers.

In its assessment of SAS, Forrester says 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.

“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.”

“The financial services industry in India has been reeling under the tide of widespread breaches and fraud-related losses. A robust fraud defense process calls for sophisticated Fraud detection and prevention technologies to be adopted by enterprises to protect their customers and prevent any business and reputational losses. This Forrester recognition, clearly puts a spotlight on SAS’ matured analytical capabilities and a unified approach towards tackling the menace of fraud”, said Kunal Aman, Head Marketing, SAS India.

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.

Subscribe to receive the day's headlines from Tech Observer straight in your inbox

Leave a Reply

*The moderation of comments is automated and not cleared manually by techobserver.in. Embedding of any link and use of abusive or unparliamentary language are prohibited.
- Advertisement -

Latest in TECH

- Advertisement -SAP Hana

Related Articles