About this paper
Top-tier investment banks have taken advantage of recent technology advances -- e.g., parallel computing, in-memory storage and smart algorithms -- to capitalize on the advantages of speed in trading. As these technologies are becoming increasingly available, their application to additional areas of bank steering is essential for banks looking to gain the competitive edge needed to stay ahead in what some call a mature market. This paper -- which was developed jointly by The Boston Consulting Group and SAS -- examines the potential of high-performance bank steering applied across banks and the organizational, governance and technological requirements required to make that possible.
SAS is the leader in analytics. Through innovative analytics, business intelligence and data management software and services, SAS helps customers at more than 80,000 sites make better decisions faster. Since 1976, SAS has been giving customers around the world THE POWER TO KNOW®.