|
(April
16, 2008) – SAS, the
leader in business
intelligence, is again
ranked as the leader in
operational risk
management by Chartis
Research in its
Operational Risk
Management Systems 2008
report. Since 2005,
Chartis has positioned
SAS OpRisk Management in
the top spot for
“completeness of
offering” and “market
share potential.” SAS
leads “a handful of
software vendors [who]
have established
themselves as clear
leaders and form the
‘premier league.’”
Chartis forecasts the
worldwide operational
risk management (ORM)
market to grow to
US$1.55 billion by 2011.
The Chartis report is
the most comprehensive
independent study of the
specialized ORM
marketplace, looking at
both the demand and
supply sides of the
market. It covers the
main market and
regulatory requirements
as well the competitive
landscape. The
evaluation examined a
vendor’s core
functionality, data
management capability,
vendor characteristics,
implementation process,
user friendliness,
complexity,
customizability/flexibility
and costs.
John Foulley, Asia
Pacific Head of Risk
Solutions says: “With 8
new operational risk
customers in 6 Asian
countries, SAS continues
to demonstrate its
leadership in the
Operational Risk space
and in the greater
context of the
Enterprise Risk
Management solution
providers”.
“Chartis' continued top
ranking of SAS OpRisk
Management underscores
our commitment to
provide world-class
enterprise risk
management (ERM)
software and services,”
said David Rogers, SAS’
Global Product Marketing
Manager for Risk. “This
is further evidence that
organizations want a
partner that will help
them improve their
operational risk
management culture and
efficiently collect,
measure and report data
across governance, risk
and compliance (GRC)
initiatives.”
SAS OpRisk Management is
an end-to-end solution
built on the
industry-leading SAS
Enterprise Intelligence
Platform. With powerful
data management,
analytics, and
regulatory reporting and
disclosure capabilities,
SAS OpRisk Management
helps institutions
optimize capital
allocation while
mitigating risks in all
areas of their
organizations. Please
visit SAS Risk
Intelligence for more
information.
SAS also ranked first in
the “core risk
technology” category and
second overall in
Chartis Research’s
RiskTech 100 report for
a second straight year
in October 2007.
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), Raiffeisen
Zentralbank (Austria),
Volkskreditbank AG
(Austria), Vseobecna
Uverova Banka (Slovakia)
and Woori Bank (Korea).
*[Source: RiskTech 100:
A comprehensive market
assessment of the top
100 risk technology
firms, 2007, Chartis
Research, October 2007.]
About SAS
SAS
is the leader in
business analytics
software and services,
and the largest
independent vendor in
the business
intelligence market.
With innovative business
applications supported
by an enterprise
intelligence platform,
SAS helps customers at
44,000 sites improve
performance and deliver
value by making better
decisions faster. Since
1976 SAS has been giving
customers around the
world The Power to
Know® .
About Chartis Research
Chartis Research is the
leading provider of
research and analysis on
the global market for
risk technology. Our
goal is to support
enterprises as they
drive business
performance through
better risk management,
corporate governance and
compliance. We help
clients make informed
technology and business
decisions by providing
in-depth analysis and
actionable advice on
virtually all aspects of
risk technology.
SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies.
Copyright © 2007 SAS Institute Inc. Cary, NC, USA. All rights reserved.
|
