About this paper
During the turmoil of the global financial crisis, several risk management system weaknesses that had developed in relatively benign market environments became apparent, particularly in the area of credit risk management. Going forward, a successful risk management system will allow for interdependencies among credit risk, liquidity risk and market risk, and will contrast various quantitative analyses with qualitative considerations. Only an integrated approach has any chance of giving a reliable picture of the upside and downside of a bank's overall portfolio. With this perspective in mind, this paper will focus on the credit risk management portion of an integrated enterprise risk management system.
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 75,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW®.