Data analytics has been a big deal for the innovation of the technology advancement of different banking and financing services. It gives people faster, effective and peace of mind in the digital economy we’re in that moves around in these principles: SIMPLICITY, RELEVANCE, and CONVENIENCE.
So for SAS Philippines, the leader in analytics, the continuation to work hand-in-hand with the government is vital in the area of analytics that help prevent fraud management, anti-money laundering, public safety, and cybersecurity.
“For the government side, we’ve been working closely with the government in the digital road map for two decades now, ” said Ryan Guadalquiver, ASEAN director for business solutions, SAS, during a press conference held at the Makati Shangrila Tuesday.Quadalquiver added: “In relation to Internet, I think for the past years, there was improvement in terms of speed for the past two years.”
“But the government is trying to get into this third telco thing. We hope to ride on that if the third telco comes in because at this point in time, we work more in terms of awareness not just on the government sector but the academe side,” Quadalquiver also said. He added: “So that’s the only way we can bring them to that level of adoption.
The blueprint of SAS Analytics has been centered to data security, which has been one of the major concerns of the government. Their initiatives to make safer, effective, and advance data security rolled into different approaches:
- AI Technology that builds effective assessment in banking and financial industries.
- Holistic customer service experience.
- Strong privacy and protection in fraud management, anti-money laundering, and ensures public safety and cybersecurity.
The infrastructure will follow because it is already on-going. But eventually once it’s there, the data analytics can come in.The SAS, which has been the leader in analytics for more than 40 years now, is also at the forefront of helping law enforcement agencies in terms of data analytics.”We have been progressing in the security aspect and that includes public security. We have been working closely with the military and the police. We are still at the point of giving awareness campaign because they are not used to it,” said Quadalquiver.
Other speakers in the press conference were Philip Manalaysay, of SAS Philippines; and Kenneth Koh, Irene Xu, and Jason Loh, all of SAS.SAS started in North Carolina in the US as a simple means of trying to help the American state’s agricultural sector in terms of increasing their produce.
“Our partnership with the Philippines started with IRRI in 1976. In the Philippines, SAS is present more on financial sector such as bank or goccs,” he said.