Cary, NC (April 03, 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.

“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).

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
SAS è leader nel settore del software e dei servizi di business intelligence. Con oltre 44.000 installazioni in tutto il mondo, aiuta le aziende a migliorare le proprie prestazioni di business e/o incrementare la produttività analizzando enormi quantità di dati. L’utilizzo di SAS, da parte di aziende private e pubbliche, porta a un miglioramento del processo decisionale; relazioni più vantaggiose con clienti e fornitori; aderenza alle normative nazionali e internazionali, progressi nell’ambito del lancio di nuovi prodotti e campagne di marketing. SAS offre tecnologie di data integration, intelligence storage, advanced analytics e business intelligence, il tutto all’interno di una piattaforma completa di enterprise intelligence. Dal 1976, SAS è al servizio dei clienti di tutto il mondo fornendo THE POWER TO KNOW®. SAS è presente in Italia dal 1987 con direzione generale a Milano e uffici a Roma, Torino e Venezia-Mestre e conta 347 dipendenti.

* [Source: RiskTech 100: A comprehensive market assessment of the top 100 risk technology firms, 2007, Chartis Research, October 2007]