SAS® Financial Services News SAS
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Piraeus Bank Group Balances Credit Risk, Achieves Cost and Time Savings with SAS® »
In today's turbulent economy, rigorous and accurate credit risk management is critical to mitigating exposure. That's why Greece's Piraeus Bank Group uses SAS Credit Scoring for Banking. With SAS, the bank has streamlined and automated the way it collects and manages risk data, optimizes model development, and produces reports with greater speed and accuracy. The result? Cost and time savings – and continued vitality even in hard times.
The Transformation of the Banking Industry: A Brave New World »
The Financial Times and SAS co-sponsored this e-book filled with insights to help the banking industry capitalize on the opportunities that are unfolding as a result of the recent changes. Articles are written by industry giants including Myron Scholes, Vikram Pandit and Gerard Lyons.
SAS No. 1 in Software Market Size for Business Intelligence (BI), Analytics and Performance Management in Insurance in 2010 »
According to Gartner, "insurers are preoccupied with regulatory compliance and risk management, customer acquisition and retention, and achieving operational excellence." SAS' Global Insurance Marketing Manager Stuart Rose adds that revenue growth and increased operational efficiency are still primary analytical initiatives within the insurance industry, but that SAS has noticed emerging trends including 'big data,' social media and telematics. Read Gartner's report.
Heading Down the (Dodd-Frank) Highway, Are We Lookin’ for Adventure? »
SIFMA held its Dodd-Frank Impact Analysis Summit in New York City on July 13. SAS' David Wallace was there and returned with panelists' comments and his opinions from this daylong discussion. Read his recap of the discussions.
Banks & Credit Unions
Risk Management Strategy at Wells Fargo »
Look at how Wells Fargo incorporates risk management into its business strategy, and then read the EIU report on global firms and risk management.
"Too Big to Fail" Translated Means "Too Big to Exist" »
Some people argue that no organization with the potential to wreak havoc on the global financial markets should be allowed to exist. In this blog post, Mark Taylor from SAS Australia discusses what this would mean for the economy.
Events & Webcasts

Real-Time Credit Decisioning with Embedded Predictive Analytics
On demand

EIU Survey 2011: Too Good to Fail?
On demand

The Insurance Fraud Race
On demand

Analytics 2011 Conference Series
Oct. 24-25
Orlando, FL

The Premier Business Leadership

Oct. 25-27

SAS Global Forum 2012
April 22-25
Orlando, FL
Call for papers - OPEN 
The Dodd-Frank Act and Insurers »
It will be many years before the Dodd-Frank Act has been deemed a success or just another compliance burden. Read about the role of the Federal Insurance Office and its potential for streamlining rules and regulations for insurers.
When Your Data Doesn’t Tell You the Whole Story »
Rachel Alt-Simmons says to include external qualitative data in your analyses to ensure that you complete data picture.
The Art and Science of Reinsurance »
The reinsurance industry faces an unprecedented number of challenges, including an increase in the frequency and severity of man-made and natural catastrophes, new regulatory issues, a continuing global soft market and legacy issues, such as mold and asbestos claims. This white paper explains how reinsurers can gain a competitive advantage by using data management and analytics to better understand their data and risk exposure.
Fraud & Financial Crimes
A Change in Perception Can Help Avoid Losses »
Skimming and phishing attacks are becoming more common, with fraudsters taking full advantage of technology to operate globally. Find out some of the reasons behind the increase in bank fraud, and what you can do to stop it.
More ACH Payments, More Chances for Fraud »
While ACH payments were once considered low risk, they have attracted the attention of criminals who use the high volume and relative anonymity of such transactions to commit fraud on a growing scale. Read more to find out how to reduce fraud losses.
‘Self’ Audit, GRC and Efficiency »
In today's regulated environment, the business is often asked for information – sometimes the same information – on an almost continuous basis. Learn how collaboration can significantly lighten the burden of audit on your organization.
Enterprise Risk Management
Is VaR an Appropriate Gauge of Risk? »
Some believe that VaR creates a false sense of security within an organization, but Tara Skinner argues that when used with other modeling techniques, VaR helps institutions confront their exposure to financial risk and then establishes a proper risk management function.
Risk Management Today »
Since the global financial crisis beginning in 2008, the role of risk management and the risk manager has changed dramatically. But, has the emphasis on risk management begun to lessen as firms seek to recoup profits in this era of extremely low interest rates? Read this opinion piece by Rich Apostolik, President and CEO of GARP (Global Association of Risk Professionals).
Improve Your Credit Scoring Skills »
Learn how to successfully plan, develop, implement and maintain risk scorecards in-house when you attend Credit Scorecard Development and Implementation.  Seats are limited, so register today.
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