June 30, 2003
Terror scare a boon for SAS
SAS is seeking a bigger chunk of the financial software sector with an aggressive strategy based on mandatory compliance with new global international banking settlements and accounting standards to combat money-laundering.Posted by Timothy Fredel at June 30, 2003 06:55 PM...
In the US alone, financial institutions will spend some $US695 million on systems to stop money-laundering by 2005 to comply with the Patriot Act.
Related Categories: Quadrant - Technological | Theme - 'Response to Terrorism'
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