SAS Fraud Management

SAS Fraud Management, marketed as SAS Fraud Decisioning, provides fraud detection and decisioning within the SAS analytics platform, sold alongside compliance, risk management and artificial intelligence products across banking, insurance, public sector and healthcare.

SAS's position as an analytics company rather than a fraud specialist is the fact that shapes this. Banks have used SAS for statistical modelling, risk and reporting for decades, which means the analytics team already has the skills, the data is already prepared for it, and a fraud product on the same platform is an extension of existing capability rather than a new one.

That also means the institution can build and modify its own models rather than accepting a vendor's. In fraud that is a genuine consideration, because a bank with distinctive customers or products may know things about its own risk that no general model encodes, and being able to express that is worth more than a slightly better starting model it cannot change.

The counterweight is that this is a platform rather than a packaged answer, so a customer needs analytical capacity to get the most from it. The wider portfolio spans fraud and compliance, risk management, marketing and internet of things, with published migration material from SAS 9 to Viya and AI governance capability. Rates are not published; SAS publishes a How to Buy route instead.