Risk Management Platform to Strengthen Comprehensive Analysis SAS Risk Intelligence Expert highlights the importance of enterprise risk management According to Michelle Lioe, Principal of Risk Intelligence at SAS Hong Kong,"Due to fast-changing market pace and increasingly sophisticated investment products, management of banks and financial services institutions require strengthening on asset liability management and liquidity risk." She added "Credit risk, market risk and operational risk are the key components of risk management in banking sector. However, many banks do not aware the importance of inegrating all the risks for a comprehensive risk analysis. Lioe suggested that financial institution require enterprise risk management scenerio analysis to allow management to hace a more holistic view of market situation so as to take immediate and neccessary actions. "Many financial institutions did not optimize the usage of risk management system that they have. This is the reason why the risks have not been well-mitigated. "said Cecil Ko, General Manager of SAS Hong Kong. Text Mining helps detect terrorist and money laundering activitites Text mining can help detect and avoid terrorists and money laundering activities. The technology can also be used in public sector.For instance, London Fire Brigade in London has adopted SAS to improve speed, flexibility and accuracy in understanding and predicting fire risk so that it can target resources in prevention for high risk areas, saving precious lives and protecting valuable property.