Enterprise Risk Management in Government
Manage and mitigate risk at the enterprise level
Success with SAS®
Improving risk management and performance audits: By extending enterprise risk management into critical business areas, a large international government organization is able to enhance regulatory compliance and improve its auditing and risk management processes.
How SAS® Can Help
Lack of information, control and time are the root causes of the risks facing the government today. By gathering the right information, agencies can attain greater control – and more time – to diagnose issues and improve decision making. SAS approaches the problem by delivering risk management software and services to help you:
- Identify the risk factors and unique relationships by establishing a flexible, robust risk management environment.
- Gain a complete view of risk and calculate your risk exposures at multiple levels by running analytic scenarios.
- Deliver timely, interactive reports to management and regulators in a form that works best for them, with the ability to drill down through the data to learn more.
- Monitor risks with ongoing, automatic assessments that send early-warning alerts.
Risks are often interlinked. Understanding how these linkages affect your operation is important. By managing risk at the enterprise level, you can combine insights with information from other functions to facilitate true, risk-based performance management.
How SAS® Is Different
Built on the SAS Business Analytics Framework, SAS for Enterprise Risk Management integrates comprehensive data management, powerful predictive analytics and user-friendly, self-service reporting in an end-to-end solution with:
- Comprehensive data management – from collection to aggregation to validation to cleansing, SAS delivers a single, agencywide view of risk.
- Industry-leading predictive risk analytics, built on the most powerful analytic engine available, support more quantitative risk methods than any other solution.
- Self-service business intelligence lets decision makers interact directly with the information they need, without burdening already-scarce IT resources.
- A robust, self-documenting metadata environment archives all data and related process flows, enabling you to fulfill mandates for greater transparency.
Related Products and Solutions
SAS® for Enterprise Risk Management
Risk management can help your organization get where you want it to go while avoiding hazards and shocks along the way. It entails more than balancing risk and reward, and it goes beyond regulatory compliance. It's about embedding risk management into everyday processes at all levels of the enterprise to truly drive business evolution.
SAS® Business Analytics
To lead your organization in today’s challenging economic climate, you need fact-based answers that you and others can believe in. Traditional approaches to decision support have not yielded optimal results. SAS provides the world’s best analytics embedded in a framework that supports the entire decision making process. This helps our customers find answers to immediate business issues and implement their visions for the future.
Ready to learn more?
Call us at 1-800-727-0025 (US and Canada) or request more information.