Principal Consultant, SAS Hong Kong
Chau Chan Yip (Derek), is a principal consultant in SAS Hong Kong. He has twenty years of IT system integration and implementation experience. He has participated in several complex and large-scale projects. He leads the SAS AML consulting team in Hong Kong overseeing the delivery and support of over 30 SAS AML sites. Derek designed a tool for analyzing and tuning transaction monitoring scenario thresholds. This tool was deployed in six financial institutes in Hong Kong, and he led the team in providing scenario review service recommending the thresholds, customer segmentation, and other adjustments to the AML transaction monitoring systems. He has also held advisory roles for some foreign delivery of this AML solution. Derek has an honors bachelor degree in computer science and computer engineering from the Hong Kong University of Science and Technology, and a master of science degree in computer science from the Chinese University of Hong Kong.
By This Author
Anti-Money Laundering Transaction Monitoring Systems Implementation: Finding Anomalies
By Derek Chau and Maarten van Dijck Nemcsik
Anti-Money Laundering Transaction Monitoring Systems Implementation: Finding Anomalies offers readers a practical guide to creating and employing effective AML strategies that detect suspicious and abnormal financial activity and protect your firm, and its executives and employees, from the fines and penalties associated with failing to abide by AML regulations.