CIBC Counts on SAS for Custom Bankruptcy Scoring
CIBC is a leading North American financial institution consisting of three business lines: CIBC Retail Markets, CIBC Wealth Management and CIBC World Markets. CIBC has the leading credit card business in Canada with the number one market share both in card purchase volumes and average outstanding card balances. CIBC is also the leading issuer of premium credit cards based on purchase volumes.

A challenging business environment led CIBC to focus on its predictive modeling capabilities as a foundation to build its future risk strategies. This focus enables the bank to make better decisions about how to serve its customers and manage its credit card portfolio in a high-pressure marketplace. CIBC turned to SAS for its sophisticated analytics. Read more

Building a Strong Corporate Physique
Passed by Congress in 2002 in the wake of corporate fraud scandals that swept through the country, the Sarbanes-Oxley Act requires companies to file paperwork with the Securities and Exchange Commission faster, create a more transparent means of collecting and posting financial data, maintain volumes of data, and test their procedures for posting accurate, timely information. The goal is to put an end to the kind of market confidence-shattering financial meltdowns that occurred at Enron and WorldCom. Read more

Mutual & Federal Engineers Future Agility with SAS
Recent world events, coupled with a lagging economy, have forced insurers to develop new business models to keep them competitive in a multichannel industry. To that end, Mutual & Federal Insurance Co., one of the largest insurers in southern Africa, provides insurance service to the personal, commercial and corporate markets in South Africa, Namibia, Botswana, Malawi and Zimbabwe. And Mutual & Federal is currently revolutionizing the insurance industry in the region. Find out how SAS Insurance Intelligence Solutions helped.

Say Goodnight to Money Laundering
To many people outside finance, money laundering became a real issue following the horrible events of Sept. 11. Thwarting money laundering efforts – whether by terrorists, drug traffickers or a wide-ranging gaggle of white-collar criminals – has been a major concern to banks for decades. Bank Technology News recently ran an article on SAS’ anti-money laundering solution. Read the full story.

SAS Marketing Automation 4 for Financial Services
SAS’ unmatched record of serving the financial services market for nearly three decades with more than 2,000 financial services customers makes us a natural partner within this industry. With the introduction of the latest version of SAS Marketing Automation, financial service companies can more easily grow sales through managing sophisticated, personalized customer communication strategies over multiple channels. Using better segmentation, targeting and analysis capabilities, banks seek to improve campaign response rates and maximize acquisition, cross-sell and retention strategies with a drive toward ultimately improving customer profitability. With a focus on managing costs, SAS Marketing Automation also helps banks improve efficiency and campaign cycle time through repeatable, automated processes.

Validation for this latest version of SAS Marketing Automation is available in the Forrester industry analyst report, SAS Shakes Up Marketing Automation. Forrester states SAS Marketing Automation 4 and its sister products in the customer intelligence family have the potential to shake up the marketing automation software market and seize a leadership position. Read the full report from Forrester.

Have a question, comment or suggestion? Want to see something covered in the next Financial Services Special Edition? Simply e-mail the editor.

SAS Industry Intelligence Solutions White Paper
SAS Industry Intelligence Solutions focus on rapid ROI by giving specific businesses an insight into critical areas of performance, waste and operation. Want to know more? Read the complete white paper by the Butler Group.

Operational Risk Management in the Financial Services Industry
Get the results of the 2003 International Benchmark Survey conducted by SAS and Risk magazine.

Using SAS in Financial Research is a one-of-a-kind book that illustrates how to use SAS software to conduct basic empirical analyses of stock market and financial statement data. It covers various research topics, including investigating the predictability of stock returns, estimating the risk of common stock and analyzing the impact of earnings and other financial statement information. Read more about this informative book!

Merrill Lynch Selects SAS for Sarbanes-Oxley Compliance

SAS Acquires RiskAdvisory

SAS Strengthens Risk Management Leadership

Building Successful Compliance Initiatives Webcast
April 28
2 p.m. ET
We hope you can join us for this compliance Webcast, which will demonstrate emerging best practices that will create the new standard for succeeding in business.

Risk Europe
April 27-28
Novotel London Tower Bridge
London

SUGI 29
May 9-12
Palais des congrès de Montréal
Montréal

Optimizing Your Marketing Spend
May 27
Live Web cast: 11:00 a.m. – 12:00 p.m. ET
Join us for a thought-provoking Web seminar that will show you how to focus on the right customers while keeping your budget in perspective.

ABA Regulatory Compliance Conference
June 6-9
Hyatt Regency
Chicago

Risk Management Strategies for the Financial Services Industry
June 21-22
Renaissance Hotel
Toronto

Risk USA Conference
June 21-24
Seaport Hotel and World Trade Center
Boston

Financial Crime Detection and Prevention Web Seminar Series
In this five-part Web seminar series, Implementing a Comprehensive Anti-Financial Crime Strategy, Peter Dorrington, head of fraud solutions for SAS UK, examines new strategies for combating financial crime and maximizing revenues. View the archived Web seminars from this series.