SAS® recognized as Best Analytics Platform in Data Management Awards
Business analytics leader SAS® has been voted Best Analytics Platform in the market by the readers of A-Team Group, a leading publication on capital markets technology. The award was announced yesterday at the A-Team Data Management Summit 2013 in London, and recognizes data management excellence in the capital markets industry.
A-Team Group canvassed its readership of capital markets professionals requesting they identify the best-performing technologies in data management, including big data, reference data and risk management. The wide range of industry professionals that voted in the awards identified SAS as the industry’s best analytics platform. Using SAS, capital markets professionals can address the most complex business challenges involved in aggregating and stress testing risk exposures, identifying fraud and unauthorized trading, and managing to the strict capital requirements demanded by the new era of regulatory reform.
"With pressures of global compliance and trading transparency greater than ever, capital market participants require the most powerful data analytics to price trades more accurately, understand collateral movements and root out fraud," said Mark Wilkinson, Managing Director at SAS UK & Ireland. "Our innovative data analytics engine is powered to meet these challenges head on. Increasing operational efficiency and creating new opportunities is central to our future platform developments to support firms in drawing more insights from big data assets.
"As such, we're delighted to receive this award, which demonstrates our commitment to the capital markets community. Being voted for by the very people who use our technology is great validation of our work and inspires us to continue developing tools that can make a real difference to capital markets participants across the globe."