Case Study: Laurentian Bank of Canada achieves comprehensive fraud detection and faster case resolution with SAS

How the big picture helps fight financial crime

Laurentian Bank of Canada, which manages over $33 billion in assets and employs 3,800 people, faced the complex challenge of combating fraud and money‑laundering schemes that span multiple channels, accounts and false identities. With financial crime costing Canadian institutions over $1 billion a year, the bank needed a way to connect disparate data points across transactional accounts, cards, mortgages and identity attributes to reveal sophisticated criminal networks.

Laurentian integrated three SAS solutions—SAS Anti‑Money Laundering, SAS Detection and Investigation for Banking, and SAS Enterprise Case Management—to create a unified, link‑analysis view of customers, accounts and cases. The combined system uncovers hidden relationships and synthetic IDs, shifts fraud detection from a transaction view to a customer‑level perspective, and speeds decision‑making (reducing account‑shutdown decisions from six–eight days to about two hours). The result: clearer visualization of criminal networks, increased case detection and greater analyst productivity.

Laurentian Bank of Canada

Celine Demers

Manager of Anti-Money Laundering Solutions