SAS Australia & New Zealand

Sydney, Australia (Nov. 30, 2006) – SAS, the leader in business intelligence, continued its momentum in the enterprise risk management space through strong customer growth and analyst rankings. Currently, more than 140 financial services institutions use SAS^® for credit risk and operational risk management – up 40 per cent from March 2006. In addition, SAS was recently positioned by Gartner, Inc. in the Leaders quadrant of the “Magic Quadrant for Basel II Software Applications, 2006” report.

According to the report, “The leaders quadrant tends to be occupied by vendors with integrated Basel II software application suites covering all the risk disciplines that have achieved a high level of market acceptance. These suites contribute to developing a common architectural approach and enable a consistent view of risk across the organisation as compared to separately designed and implemented risk-calculation engines or reporting tools. Such vendors are beginning to approach the market with a more comprehensive approach to ERM and its linkage to corporate performance management. They have robust organisational structures and professional services resources.” Gartner’s report evaluated SAS software’s ability to execute and its completeness of vision.

SAS’ customer list includes institutions such as Bankdata (Denmark), Barclays (UK), BB&T (USA), Caisse Nationale des Caisses d’Epargne (France), Commerzbank (Germany), Grupo Santander (Spain), HypoVereinsbank (Germany), Kookmin Bank (Korea), Landsbanki (Iceland), National Australia Group (Australia), Northern Rock (UK), Raiffeisen Zentralbank (Austria), Volkskreditbank AG (Austria) and Vseobecna Uverova Banka (Slovakia).

Financial services firms are adopting risk management systems in response to government regulations and industry standards. SAS helps its customers to go beyond compliance and manage risk strategically through risk-based performance management. By doing so, firms can derive real business value from their compliance initiatives and exploit risk for maximum competitive advantage. Implementation of regulations such as the Basel II accord should be viewed as a step in the continuing process of improving risk management as part of an overall enterprisewide risk management initiative.

"Erste Bank has decided in favor of the SAS Risk Management solution,” said Günther Krähan, Program Manager at Erste Bank. “With its standard industry solution, SAS delivers about 85 percent of our specific requirements for the risk-weighted assets calculation. Also the accompanying SAS support during implementation is most professional.”

About the Magic Quadrant

The Magic Quadrant is copyrighted November 22, 2006 by Gartner Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

SAS is the leader in business intelligence and analytical software and services. Customers at 40,000 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® Visit us at www.sas.com.

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