SAS wins two Financial i Leaders in Innovation Awards for its operational risk and enterprise risk management solutions
07 February 2012 - SAS, the leader in business analytics , won two 2011 Leaders in Innovation Awards for best and most innovative solution in the categories of Operational Risk and Enterprise Risk Management from Financial i magazine. SAS earned the awards for excelling in risk management during the last 12 months.
This is the fourth consecutive year that SAS has won the title for best operational risk management software. It was commended by analysts for its technology base, innovation and domain expertise as well as its ability to offer a "one-stop shop" for operational risk, credit risk and market risk as part of an integrated proposition.
SAS also impressed the judges with its enterprise risk management solution. According to the panel, SAS "has a rare combination of enterprise-wide risk management capabilities covering credit, market, operational, ALM/liquidity and financial crime risk management," which makes it a market leader in the enterprise risk management space. Judges also noted "a continuous flow of innovation" from SAS R&D in the area of risk management.
SAS® OpRisk Management is a comprehensive solution built on the SAS Business Analytics Framework. With powerful data management, analytics, and regulatory reporting and disclosure capabilities, SAS OpRisk Management helps institutions optimise capital allocation while mitigating risks in all areas of their organisations.
SAS® Enterprise Risk Management delivers a current, credible understanding of the risks unique to an organisation across a broad spectrum that includes all types of risk (credit risk, operational risk, market risk, liquidity risk and trading risk), lines of business and other key dimensions.
The Financial i Leaders in Innovation Awards identify global transactions banks and financial hardware and software vendors that in the last 12 months have demonstrated on-going commitment to innovation in business solutions across wholesale transaction banking.
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 55,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world
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