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2007 News by Date

SAS improves fraud protection for HSBC

Hong Kong (31 October, 2007) – SAS today launches SAS Fraud Management a new real-time, card fraud detection system based on its enterprise intelligence platform. The system was developed together with HSBC and is currently implemented in the US, conducting fraud checks on HSBC’s US credit card transactions in real time, improving protection for HSBC’s customers.

SAS Empowers Chinese Estates Group to Make Fact-based Decision for its Property Leasing Business

Hong Kong (28 September, 2007) – SAS, the global leader in business intelligence, is pleased to announce that Chinese Estates Group (Chinese Estates) has selected SAS® Business Intelligence for managing its property leasing business, which includes about 1,000 shops and prime office units in Hong Kong and mainland China.

SAS Ranked No. 1 in Business Intelligence Market in Hong Kong

Hong Kong (24 August, 2007) – SAS, the global leader in business intelligence, is pleased to announce that IDC has ranked SAS as No. 1 in the business intelligence (BI) and business performance management (BPM) market in Hong Kong, with 25.8 percent market share in 2006.

Dah Sing Group Partners with SAS to Implement Basel II

Hong Kong (12 June, 2007) – SAS, the global leader in business intelligence, is pleased to announce that it has been selected by Dah Sing Group (Dah Sing) as strategic partner to implement the Internal Ratings-based (IRB) approach according to the guidelines of the Banking (Capital) Rules issued by the Hong Kong Monetary Authority (HKMA). Under the agreement, Dah Sing Bank has engaged SAS building an enterprise-wide credit risk management data warehouse (RDW) and employ a credit risk management solution, to consolidate all its credit risk related information and serve as a credit risk measurement foundation for the bank.

SAS Achieves Record $1.9billion Revenue
(Mar 14, 2007) – Strong demand for industry-specific and packaged solutions fueled the 30th straight year of revenue growth for SAS, the leader in business intelligence. Total revenue in 2006 was US$1.9 billion, up 12 percent over US$1.7 billion in 2005, SAS announced today. New software license revenue increased 20 percent, nearly twice the growth rate expected in the market this year.

SAS Announces Two Senior Management Appointments for Hong Kong
(Feb 28, 2007) SAS Institute, the global market leader in business intelligence software and services, announced the appointment of Alex Wong as its president for Greater China and Errol Chan as its chief operating officer for Hong Kong.

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