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SAS Risk Intelligence earns top honors from OpRisk & Compliance magazineMagazine's Annual Compliance Software Ranking places SAS® OpRisk Management first in Governance Risk & Compliance, Regulatory Reporting categoriesCARY, NC (Jun. 11, 2007) – SAS, the leader in business intelligence, today announced that OpRisk & Compliance magazine, a leading operational risk management and compliance publication, has named SAS® OpRisk Management as a first-place recipient in the magazine’s First Annual Compliance Software Ranking. The SAS software solution earned top honors in two categories: Governance Risk & Compliance and Regulatory Reporting Software. SAS OpRisk Management is a comprehensive solution that enables financial institutions to measure and manage operational risk in conformity with industry best practices and the New Basel Accord (Basel II). SAS OpRisk Management is one of several solutions in the SAS Risk Intelligence suite. The compliance software rankings were based on an online survey of nearly 200 key industry executives, who were asked to rate their top five solutions across eight risk categories. Survey results were weighted and tallied by Incisive Research. "SAS prides itself on offering an integrated operational risk and compliance platform to address our customers’ need for risk intelligence, offering a more transparent, enterprise-wide view," said David Rogers, SAS’ Global Product Marketing Manager for Risk. "To have our risk management solutions recognized and honored through these rankings clearly demonstrates that SAS is helping financial institutions meet the risk and compliance challenges facing them." SAS has received several honors and awards for its risk intelligence solutions over the past year. Most recently, Chartis Research ranked SAS software as the leader in operational risk management for a third straight year. In January, Risk magazine, a leading global financial risk management publication, selected SAS Risk Intelligence as its 2007 software product of the year. SAS was ranked first in the “core risk technology” category and second overall in Chartis Research’s RiskTech 100 report last December. SAS Anti-Money Laundering was selected by readers of Waters magazine as the best anti-money laundering solution provider in July 2006. Currently, more than 200 financial services institutions use SAS® for credit risk and operational risk management, including: Bankdata (Denmark), BB&T (USA), Caisse Nationale des Caisses d’Epargne (France), Commerzbank (Germany), Grupo Santander (Spain), HSBC (UK), HypoVereinsbank (Germany), Kookmin Bank (Korea), Landsbanki (Iceland), Northern Rock (UK), Raiffeisen Zentralbank (Austria), Volkskreditbank AG (Austria), Vseobecna Uverova Banka (Slovakia) and Woori Bank (Korea).
SAS is the leader in business intelligence and analytical software and services. Customers at 43,000 sites use SAS software to improve performance through insight from data, resulting in faster, more accurate business decisions; more profitable relationships with customers and suppliers; compliance with governmental regulations; research breakthroughs; and better products and processes. Only SAS offers leading data integration, storage, analytics and business intelligence applications within a comprehensive enterprise intelligence platform. Since 1976, SAS has been giving customers around the world
The Power to Know®
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