Risk Management

Systemic risk is a central concern driving regulatory strategy. As a result, regulations are constantly being modified to increase transparency, improve operational and risk controls, and raise capital buffers. SAS can help you stay on top of such changes with solutions that enable you to:

• Optimize credit risk analysis. Implement timely and accurate risk weighted asset (RWA) reporting, and optimize regulatory capital.  
• Address Basel III/IV requirements for credit risk analytics. Measure the effects of risk-based capital requirements across future time horizons throughout the life of each exposure and across all portfolios.
• Create a consolidated data, modeling and reporting platform. Integrate existing risk models and data hierarchies into a streamlined, unified data infrastructure for measuring and reporting on credit and counterparty risk.

• A firmwide risk technology foundation. Update legacy processes with a modernized risk infrastructure that supports scalable, high-quality data, workflow analytics and reporting. The underlying SAS^® Infrastructure for Risk Management foundation supports extensible, plug-and-play solutions that address your current and future risk and regulatory requirements.
• High-performance architecture. SAS delivers a modern risk ecosystem – from data management through model execution. Intuitive process flow visualization capabilities, combined with a central repository for documentation, greatly improve quality controls. And you get the power of parallel code execution at a very low cost. 
• Frequent updates to regulatory content. SAS separates the more dynamic regulatory calculation methodologies and reports from our software platform, enabling you to consume more frequent releases in timely, easy-to-install downloads for updating calculations and reports without having to upgrade the overall system.
• Flexible visualization capabilities. An intuitive management dashboard of regulatory credit risk measures – built with SAS Visual Analytics – gets what-if analyses and regulatory reports into the hands of all risk stakeholders quickly and efficiently. 

Regulatory Risk Management Solutions

• SAS^® Regulatory Content for EBA Taxonomies [PDF]
  Meet European banking reporting requirements, and accelerate your reporting submissions.
• SAS^® Regulatory Risk Management
  Proactively manage regulatory risk across multiple jurisdictions with a single, end-to-end risk management environment.
  
• SAS^® Risk and Finance Workbench
  Orchestrate all aspects of the stress testing process, and consolidate results from various systems, from a central hub.

Solutions That Extend Your Regulatory Risk Management Capabilities

• SAS^® Capital Requirements for Market Risk
  Efficiently comply with FRTB, and gain a comprehensive view of market risk.
• SAS^® Expected Credit Loss
  Meet the challenges of expected loss modeling for IFRS 9 and CECL with an efficient, controlled, sustainable environment.
• SAS^® Risk Management for Banking
  Perform risk analysis and risk-based capital calculations for all major risk types. 
• SAS^® Data Management
  Automate data processes – from data collection and aggregation, to data validation and cleansing.

Ready to take the next step toward getting the most value from your data? We offer several different technology, deployment and financing options, depending on your needs.

For pricing and ordering information, check out our purchasing options.

Or you can request a personalized price quote.

Go beyond regulatory compliance to drive strategy and improve business performance. Streamline processes in an integrated forecasting ecosystem that can quickly and efficiently quantify the impacts of multiple macroeconomic and business scenarios on your portfolio. SAS delivers superior data, modeling and computational functionality with unmatched analytics and reporting capabilities that enable you to:

• Operate with greater efficiencies. Relieve the resource burden of stress testing, and reduce cycle times to allow for greater focus on higher-value activities.

• Facilitate capital planning. Use comprehensive tools and powerful reporting capabilities to uncover risks and opportunities in your portfolio, and use these insights to inform your strategic plan.

• Expand your capabilities. From running multiple business-specific scenarios to executing reverse stress tests, you can move beyond supervisory stress testing scenarios to gain insights into the path ahead and prepare your portfolio for the unexpected.

• Improve transparency and controls. Significantly reduce model risks and improve auditability with flexible workflow automation and embedded controls.

• Adapt and evolve. Easily introduce new models, methodologies and scenarios as business needs change. Drill down and focus on wherever conditions dictate. Improve and refine processes over time.

• Efficient process orchestration. A centrally managed workflow helps you orchestrate entire stress testing and capital planning processes using a web-based interface. You can achieve greater integration of your stress testing and provisioning (IFRS 9/CECL) activities.

• Strong controls and auditability. Efficiently manage and monitor well-governed, transparent and auditable stress testing and capital planning processes from a central point of control, with integrated qualitative assessment and governance processes for both internal management and external regulators.

• Powerful risk analytics – simplified. A centralized, web-based interface simplifies the development, execution and maintenance of even the most complex models, while enabling you to quickly compare outputs and visually explore results. You can perform advanced scenario-based analysis across all risk types and asset classes with minimal coding required.

• Integrated, market-leading model governance. Manage and store all models and scenarios in a centralized library. Easily test and validate models, and orchestrate their deployment to production in a controlled and traceable manner.

• Comprehensive data management. House easily accessible and integrated data repositories in a transparent and readily searchable form. Trace data lineage throughout the entire stress testing life cycle with market-leading capabilities for data quality management and metadata documentation.

• Investment protection. SAS integrates with existing legacy systems – from databases and ERP solutions to third-party and open-source analytics – so you can overcome data silos and extend the capabilities of your current risk and finance architecture.

Risk Management and Capital Planning Solutions

• SAS^® Risk and Finance Workbench
  Orchestrate all aspects of the stress testing process – and consolidate results across systems, lines of business and geographies – from a central hub.
• SAS^® Model Implementation Platform
  Quickly and efficiently deploy and execute a wide range of complex and computationally intensive systems of models used in stress testing.
• SAS^® Qualitative Assessment Manager [PDF]
  Efficiently and accurately document, manage, assess, monitor and audit the stress-testing processes required for capital planning and review.

Solutions That Extend Your Risk Management and Capital Planning Capabilities

• SAS^® Expected Credit Loss
  Support all critical aspects of capital planning and stress testing with an integrated approach to managing scenarios – from data collection across risk and finance, to model deployment and process orchestration, through managerial and regulatory reporting.
• SAS^® Regulatory Content for EBA Taxonomies [PDF]
  Streamline supervisory reporting using European Banking Authority standards.
• SAS^® Model Risk Management
  Significantly reduce your model risk, address regulatory requirements for model governance, and enable more efficient resource allocation by identifying critical models and how they are interconnected.

Ready to take the next step toward getting the most value from your data? We offer several different technology, deployment and financing options, depending on your needs.

For pricing and ordering information, check out our purchasing options.

Or you can request a personalized price quote.

Too much credit exposure can lead to high default rates and charge-off percentages. Too little often means lost business and revenue. SAS helps you adeptly manage credit risk so you can meet regulatory requirements while improving your overall performance. With SAS, you can:

• Make smarter lending decisions. Accurately assess credit risk exposure at the time of origination using application and behavior scoring to get a better understanding of specific risk characteristics. Get a comprehensive view of risk at both customer and account levels. 
  
• Manage your credit portfolio using risk/return measures. Calculate portfolio credit risk using advanced portfolio credit risk models, such as actuarial, multivariate Merton and reduced form stochastic transition matrix models.
• Effectively monitor a wide range of loan portfolios. Calculate and stress portfolio exposures, taking into account the effects of netting, collateral, margining and credit derivatives books. Perform advanced simulation of potential future exposure.
• Optimize collections and recovery. Use our scoring, decisioning and optimization technologies to forecast potential losses and formulate better collections and recovery strategies.

• Banking-specific data model and risk repository. Our data model combines bank data from multiple source systems, which simplifies the calculation of risk-weighted assets and regulatory capital. In addition, the data model efficiently, accurately and transparently delivers credit risk measures, and supports scorecard and model development.
• A powerful risk engine. Our risk analytics engine can calculate a range of measures – e.g., exposures, risk weights, capital ratios, effects on collateral – and accommodate increasingly complex modeling techniques as regulations change and financial products become more complicated. In addition, regulatory analysis capabilities are integrated with scenario analysis, stress testing and an optimized risk mitigation algorithm.
• Better credit and business decisions. You can easily extend our integrated risk analytics platform to support areas beyond regulatory requirements, including economic capital and other advanced techniques.

• SAS^® Credit Assessment Manager [PDF]
  Automate the process of categorizing loans down to the individual assessment level.
  
• SAS^® Credit Scoring
  Develop, validate and monitor credit scorecards faster, cheaper and more flexibly than any outsourcing alternative.
• SAS^® Expected Credit Loss
  Meet the challenges of expected loss modeling for IFRS 9 and CECL with an efficient, controlled, sustainable environment.
• SAS^® Regulatory Risk Management
  Proactively manage regulatory risk across multiple jurisdictions with a single, end-to-end risk management environment.
  
• SAS^® Risk Management for Banking
  Perform risk analysis and risk-based capital calculations for all major risk types.

Ready to take the next step toward getting the most value from your data? We offer several different technology, deployment and financing options, depending on your needs.

For pricing and ordering information, check out our purchasing options.

Or you can request a personalized price quote.

It's no longer just the CRO who manages risk. The CEO, board of directors and executives across all lines of business are accountable for maintaining a level of risk consistent with the organization's overall risk appetite. Our innovative, risk-based approach to governance and compliance enables you to:

• Gain a holistic, enterprisewide view of your risk exposure. Measure exposure and risk across all risk types and books of business, and update measures as often as needed.
• Establish a centralized model inventory and model risk management framework. Gain transparency into the modeling process and promote consistent standards throughout your organization to ensure superior quantitative and qualitative model risk management, regardless of model type, source or technology.
  
• Become a well-governed, risk-aware organization. Establish a risk infrastructure that consistently delivers high-quality data, produces accurate regulatory reports, and enables near-real-time risk management and monitoring.
  
• Build confidence in your processes. Identify, capture and manage your most critical operational risk and compliance processes with a self-documenting solution that provides auditability and traceability for management and regulators alike.

• Proven data management. Our industry-leading data management capabilities and detailed risk data model ensure standardized data quality processes that are continuously monitored, measured and improved.
• Data and model governance. Our integrated aggregation, modeling and reporting platforms not only perform fast and efficient data analysis and modeling, they also capture and document everything from data integrity and business rules to model usage and validation.
• Flexible reporting. An easy-to-use, self-service reporting and visualization environment lets you design and deploy reports across any hierarchy and level of granularity on the fly. 
• Transparent model risk management. A centralized model inventory provides complete workflow management and documentation regardless of model type or development technology, making it easier for management and regulators to understand model assumptions, design and structure.
  

• SAS^® Governance and Compliance Manager
  Build trust in risk and compliance programs by connecting the enterprise.
• SAS^® Model Risk Management
  Significantly reduce your model risk, improve decision making and financial performance, and meet regulatory demands with comprehensive model risk management.
• SAS^® Risk Data Aggregation and Reporting
  Dynamically aggregate, analyze and visualize key risk information with an integrated suite of risk data management, aggregation and reporting capabilities.
• SAS^® Risk Management for Banking
  Perform risk analysis and risk-based capital calculations for all major risk types.

Ready to take the next step toward getting the most value from your data? We offer several different technology, deployment and financing options, depending on your needs.

For pricing and ordering information, check out our purchasing options.

Or you can request a personalized price quote.

While IFRS and Solvency II differ in the details – e.g., contract identification, level of and approach to calculations, reported measures, responsibilities – they share similar requirements for data, structures, process auditability and traceability, and supporting systems. Our single, integrated framework facilitates both IFRS 17 and Solvency II compliance, while turning compliance into an opportunity for operational excellence. Built on a platform that has the flexibility to support late-breaking process changes, without disrupting what you're developing or already have in place, SAS solutions can help you: 

• Meet all IFRS 17 requirements. Take a comprehensive approach to insurance contract accounting − from data sources to reporting – with predefined data models; data and business rule management; calculations based on the building block, premium allocation and variable fee approaches; posting generation; and process management and governance. 
• Ensure regulatory compliance. Accurately evaluate your risk exposure – and meet governance and auditability requirements for Solvency II or similar regulatory regimes – with solutions that accommodate new solvency models, data management processes and complex reporting requirements.
• Fully comply with ORSA requirements. Integrated data management, a powerful risk engine, our business model, a preconfigured capital planning framework and narrative reporting capabilities support both the quantitative and qualitative elements of ORSA, while also contributing to an effective capital planning process.
  
• Align strategies and goals across finance, risk, actuarial and regulatory compliance functions. Develop strategic plans at the entity level involving appropriate insurance business units.

• Risk analysis framework. Perform bottom-up risk analysis by product line and risk type. Meet the demands for more robust stress testing and scenario planning.
• Integrated platform. A single platform enables life and P&C insurance companies to analyze a variety of risks. The underlying platform provides an end-to-end approach – from data sources to reporting – and can serve as the core foundation for an integrated analytical framework.
  
• Open system. The system is fully customizable, supporting the co-existence of multiple regulatory regimes and extension to third-party contributions.
• Automated documentation. Flows of execution, calculations and dependencies are clearly visible. Documentation is generated automatically from the code and is always up-to-date.
• High performance. A scalable architecture – featuring parallel task execution, in-memory processing and grid optimization – results in extremely fast calculations.

• SAS^® Capital Planning and Management
  Create a consolidated capital planning environment that lets you tightly integrate your risk and finance systems.
• SAS^® Firmwide Risk for Solvency II
  Establish a risk analytics framework that enables Solvency II compliance and supports the internal model approach for risk analysis.
• SAS^® Governance and Compliance Manager
  Build trust in risk and compliance programs by connecting the enterprise.
  
• SAS^® Market Risk Management for Insurance
  Calculate the true market value of your financial instruments and assets, and comply with changing regulatory requirements.
• SAS^® Regulatory Content for IFRS 17 [PDF]
  Take a comprehensive, scalable approach to insurance contracts accounting, while gaining the ability to implement risk and finance calculations and reporting on one platform.
• SAS^® Underwriting Risk Management for Insurance
  Perform loss estimation, reserving and risk management analysis in a single, high-performance analytics environment.  

Ready to take the next step toward getting the most value from your data? We offer several different technology, deployment and financing options, depending on your needs.

For pricing and ordering information, check out our purchasing options.

Or you can request a personalized price quote.