SAS a leader in Chartis RiskTech100 ® report

SAS cinches top spots in core technology, banking and credit risk categories

SAS secured the No. 2 spot in Chartis’ prestigious RiskTech100® rankings, which also declared SAS the category winner for core technology, banking within the vertical sector and for credit risk. The annual international listing of top risk technology vendors awarded the business analytics leader very high scores for functionality and innovation.

“As the core technology category winner, SAS was recognized for exceptional on-demand analytics able to handle large data volumes while maintaining data quality,” said Peyman Mestchian, Managing Partner at Chartis. “High-performance technology in risk management provides fundamentally better processes for faster, smarter decisions – an area where SAS excels.”

Chartis forecasts global risk IT expenditures in financial services to exceed US$30 billion by 2015, noting that firms have invested most in both real-time technology and big data. Chartis explained that “data volume, complexity, and speed can provide opportunities for better risk intelligence and preventative risk mitigation actions.”

Technology spending grew most in risk data management, says Chartis. “Between 2014 and 2015, financial institutions will increase spending on risk data management by 17 percent from US$7.5 billion to US$8.9 billion.”

In 2013, SAS was a category leader in Chartis’ RiskTech Quadrant® Credit Risk Management Systems for the Banking Book, RiskTech Quadrant® for Data Management and BI, and RiskTech Quadrant® for Basel 3. Chartis also recently ranked SAS as a category leader for its RiskTech Quadrant® for anti-money laundering technology and operational risk management software.

The RiskTech100® 2014 report is available for free download at www.risktech-forum.com.

Read about the potential of high-performance bank steering.

About Chartis

Chartis is recognized internationally as the leading research and advisory firm focused exclusively on the risk technology market.  For more information visit www.chartis-research.com.

RiskTech Quadrant® and RiskTech100® are registered trademarks of Chartis Research Limited.

Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice - (chartis-research.com).

Om SAS Institute i Norden og Baltikum

SAS Institute er verdens største privateide IT-selskap med over 11 000 ansatte og 50 000 kunder i 127 land, og er ledende leverandør av Business Intelligence og Analytics løsninger. Selskapet har opparbeidet en sterk posisjon i Norden og Baltikum og bistår over 1300 kunder fra kontorer i Oslo, Stavanger, København, Skanderborg, Stockholm, Helsinki, Riga og Vilnius.

Siden 1976 har SAS Institute gitt kundene muligheten til å ta riktigere beslutninger raskere. Avanserte statistikk- og analysemetoder i brukervennlige applikasjoner hjelper virksomhetene med å avdekke nye sammenhenger og se nye forretningsmessige muligheter. SAS Institute er den eneste leverandøren som fullt og helt integrerer datavarehus, analyse og løsninger for Business Analytics, slik at du får ny og overordnet kunnskap ut av din virksomhets data.

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