Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

SAS® VISUAL INVESTIGATOR HELPS DETECT DISEASE AND FRAUD, MANAGE CREDIT COLLECTION AND RISK

New SAS VIYA™ software easily uncovers hidden behaviours through advanced analytics

Intelligence analysts and investigators have a primary mission: stay one step ahead. Whether looking for insider threats, disease outbreaks, loan risks, drug trafficking, fraud or other emerging issues, sas® visual investigator can address them early and head-on. SAS’ new, cloud-ready investigation and alert management product allows analysts to quickly gain a complete view of people, relationships, networks, patterns, events, trends and anomalies across all available data.

Part of the SAS VIYA™ family of products, SAS visual investigator marries advanced analytics with dynamic and interactive visual workspaces. Analysts can easily grasp reasons for events or alerts and act on deep analytical insights thanks to intuitive visuals and search.

Directpay is using SAS visual investigator to make its investigators more efficient and enable collaboration across the investigative team. The Netherlands-based credit management company buys portfolios of delinquent invoices or loans from companies such as Telcos, utilities and online stores. One portfolio could include millions of delinquent invoices or loans. Investigators need a comprehensive view of all information about a case or debtor to unearth relationships, examine anomalies and make decisions.

“the ability to visualise and explore a variety of data sets in different ways, from grids and lists to maps, networks and timelines, will make it easier for us to manage complex investigations,” said Colin Nugteren, chief analytics officer at Directpay. “adding a visual interface to a high-performance analytical model helps improve and optimise our quality of service and our collection performance. Investigators can find evidence to relate debt to a person, identify the debtor’s other assets, and when necessary, prove instances of fraud.”

The r&d department at Directpay has been the primary team to gain direct experience with SAS visual investigator.

“the main benefit we see is how easy it is to tailor SAS visual investigator to our specific and changing business needs,” said tom dogger, head of r&d at Directpay. “we have the control in our own hands to create personalised views and bring in new data sources. We don’t need custom coding or more professional services, which empowers investigators. The adaptability of the product makes it valuable not just to fraud and investigation but to other areas of our business like debt reduction and long-term repayment.”

SAS visual investigator enables organisations to identify, investigate and govern the entire lifecycle of an investigation, search or inquiry. The product allows users to:

  • Rapidly turn insight into action. A single application incorporates alert triage, search and discovery, network analysis and exploration, and the ability to document findings. This streamlines operations and enables analysts to make decisions quickly.
  • Expose hidden networks faster. SAS automatically builds networks, resolves entities and identifies communities based on the latest documents and data.
  • Adapt quickly. SAS visual investigator is designed to address varying requirements and changing problems without needing customisation by developers. By minimising the total cost of ownership, SAS visual investigator makes cross-department usage viable, while assuring a consistent user interface.
  • Harness data in place. Because SAS visual investigator is based on SAS viya – SAS’ open and cloud-ready platform – it can scale to accommodate data of any size, speed and complexity.

“complex and disparate data can really slow down investigators,” said Sundeep Tengur, banking fraud solutions & financial crimes specialist at SAS. “SAS visual investigator address a wide variety of intelligence analysis and investigation management needs with speed and precision. It’s a cloud-based intelligence analytics solution that combines easy-to-use features and visualisation capabilities with the full power of SAS advanced analytics and machine learning technology.”

To learn more, visit sas.com/vi and download the white paper keeping fraud detection software aligned with the latest threats.

This announcement was made at the analytics experience conference in Las Vegas, a business technology conference presented by SAS that brings together more than 10,000 attendees on-site and online to share ideas on critical business issues.