Partner SAS Institute, Inc.

In January 2007 Patriot Techcorp announced the finalization of the Interface of their Global Patriot solution to SAS Anti-Money Laundering.

With money laundering on the rise around the world, regulatory response has also increased. Recent enforcement actions have focused on a financial institution's lack of consistent internal controls, governance and oversight. SAS Anti-Money Laundering provides a sophisticated, risk-based monitoring and alert system that detects the subtle patterns that could indicate suspicious behavior. Designed to meet the needs of a range of financial institutions, the solution manages and refines mountains of customer data from all areas of the enterprise and automatically identifies, classifies and surfaces suspicious activities.

In conjunction with a joint banking client, Patriot Techcorp have interfaced the watchlist data in their Global Patriot system to the SAS Anti-Money Laundering solution to further the tracking and checking of suspicious transactions and customers for the bank.

SAS is the leader in business intelligence software and services. Customers at 40,000 sites use SAS software to improve performance through insight into vast amounts of data, resulting in faster, more accurate business decisions; more profitable relationships with customers and suppliers; compliance with governmental regulations; research breakthroughs; and better products. Only SAS offers leading data integration, intelligence storage, advanced analytics and business intelligence applications within a comprehensive enterprise intelligence platform. Since 1976, SAS has been giving customers around the world THE POWER TO KNOW.

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