Gaming Industry's First Targeted SAR Intelligence(SM) Analysis Solution
SOUTHFIELD, Mich., Sept. 25, 2014 /PRNewswire/ — Resort Advantage (RA), the recognized leader in FinCEN and IRS compliance solutions for the gaming industry, announces the availability of Advanced SAR Analyzer™ (ASARA™), the industry's first "Targeted Suspicious Activity Reporting IntelligenceSM" (TSARISM) solution providing automated identification of patron suspicious transaction patterns. RA's ASARA provides the a rules-based business intelligence engine that quickly analyzes and synchronizes the cash and non-cash transactional history of all patrons across all property transaction processing systems to highlight potentially questionable patron gaming activity at a property, which would be overlooked through more traditional methods.
Photo – http://photos.prnewswire.com/prnh/20140924/148269
According to Brian Ferrilla, Managing Director at Resort Advantage, "ASARA's web-based analysis capabilities provide a one-stop shop to quickly uncover patrons that have illustrated suspicious gaming behaviors over a period of time while transacting at a property's cages, table games, and slot machines. Uncovering these behaviors has become a key requirement of FinCEN as they look to have properties become more proactive in their data analysis proficiency. ASARA offers a variety of preconfigured government-designated suspicious activity scenarios, in addition to RA's field-tested suspicious behavior scenarios. Gaming properties can also create user-defined scenarios based on their own unique criteria or for special jurisdictional demands."
ASARA takes advantage of the massive volume of patrons' raw historical activity data collected by the many cash and non-cash transaction source systems at the gaming property, including cage management, tables management, slots management, cash advance services, check cashing services, and many others . ASARA captures and processes the raw cash and non-cash transaction data through a sophisticated scenario-based business intelligence engine that overlays these two types of activity during a specified time window to uncover patrons whose activity patterns are considered suspicious under the AML regulations or per the property's risk profile.
"RA's ASARA solution uniquely provides gaming properties with the targeted SAR intelligence needed to improve their AML compliance program," states Ferrilla. "We have developed an innovative way to align and analyze both cash transactions and non-cash activities, like game hands played, EGD spins performed, chips moved, etc., to generate real actionable suspicious incident outcomes. This targeted SAR intelligence will help properties to become even more proactive and transparent in their AML programs and not become the next big audit fine story."
About Resort Advantage
As the makers of the award-winning Title 31 Accelerator™, Slots Jackpot Accelerator™, SAR Workflow Accelerator™, Incident Report Accelerator™ and Advanced SAR Analyzer™ suite of compliance applications, Resort Advantage continues to lead the gaming industry with its innovations. Resort Advantage's Complete FinCEN / IRS Compliance Solution has set the gold standard for FinCEN and IRS compliance management and reporting as the solution of choice for the world's most prominent casino properties. For more information, visit www.resort-advantage.com. Visit us at G2E Booth #2030 and/or at AIGA Booth #16.
The names of actual companies and products mentioned herein may be the trademarks or registered trademarks of their respective owners.
Contact: Valerie Silvani
Director of Marketing
Email
800.317.5475