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Fraud Analytics: Strategies and Methods for Detection and Prevention by Delena D. Spann

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The Power to Know Big Data:

SAS Visual Analytics and Actionable Intelligence Technologies' Financial Investigative Software

ONE CHALLENGE when working with big data is how to display results of data exploration and analysis in a way that is meaningful but not overwhelming.

images THE SAS WAY

As stated in a 2012 SAS white paper:

A picture is worth a thousand words—especially when you are trying to understand and gain insights from data. It is especially relevant when you are trying to find relationships among thousands or even millions of variables and determine their relative importance.

Organizations of all kinds generate huge amounts of data each minute, hour, and day. Everyone—including executives, departmental decision makers, call center workers, and employees on production lines—hopes to learn things from collected data that can help them make better decisions, take smarter actions, and operate more efficiently.

If your data has billions of rows, one of the best ways to discern important relationships is through advanced analysis and high-performance data visualization. If sophisticated analyses can be performed quickly, even immediately, and results presented in ways that showcase patterns and allow querying and exploration, people across all levels in your organization can make ...

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