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SAS® Operational Risk Management wins 2010 Financial i Leaders in Innovation Award

17 December 2010 - SAS, the leader in business analytics has won a 2010 Leaders in Innovation Award for best and most innovative solution in the category of Operational Risk Management from Financial i magazine. This is the fourth consecutive year that SAS has won the title, having earned the award for exhibiting excellence in risk management during the last 12 months.

Ian Manocha, Managing Director, SAS UK and Ireland said: "The Financial i Award further endorses our position as the leading global provider of integrated and comprehensive operational risk management software. We are delighted to have won this prestigious award for the fourth year running. The panel of leading journalists, industry analysts, consultants and practitioners have again recognised our success in delivering innovative solutions that help financial institutions embed risk management into everyday processes at all levels of the organisation."

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.

"Competition was fierce across a number of categories this year as banks and financial software vendors invested more heavily in innovations designed to make the user experience more personalised and intuitive using the latest Web 2.0 applications. The winners we selected in each category are companies that have continued to innovate and adapt their solutions to an ever changing landscape and excel above their competitors" said Anita Hawser, Managing Editor of Financial i.

The Financial i Leaders in Innovation Awards identify global transactions banks and financial hardware and software vendors that in the last 12 months have excelled, in terms of innovation in business solutions.

2010 has been another highly successful year for SAS Risk Management. In August 2010, SAS was named a leader in Chartis' Operational Risk & GRC Software Solutions 2010  report, as well as securing the No. 2 spot in Chartis Research's prestigious RiskTech100 rankings, an annual international listing of the top risk technology vendors. The company was also voted as the No 1 FORTUNE magazine's Best Companies to Work for.

About SAS

SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions delivered within an integrated framework, SAS helps customers at more than 50,000 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® .

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