About this paper
New research by Chartis and SAS highlights how financial institutions (FIs) looking to address the shifting nature of credit must align their finance and risk departments to accurately assess future risks, and bolster their budgeting and forecasting capabilities.
Risk-aware finance is becoming a matter of business survival to meet future regulatory and competitive demands. It enables FIs to take advantage of advanced analytical techniques and denser data flows to achieve longer-term strategic objectives.
The report explores:
- What effective risk-aware finance looks like.
- Key technical and staff challenges during implementation.
- How FIs can overcome these challenges.
SAS is the leader in analytics. Through innovative analytics, business intelligence and data management software and services, SAS helps customers at more than 83,000 sites make better decisions faster. Since 1976, SAS has been giving customers around the world THE POWER TO KNOW®.