APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • Risk Management
    • Sas
    Previous
    Next

    SAS: Revolutionize Risk Management With Analytics

    The business world has experienced unprecedented changes like global expansion, emerging markets, nimble competitors, digital disruptions, mobile staff, and powered customers. Markets are interrelated and financial instruments have become sophisticated. And when financial institutions expect quicker return to earn growth and profitability, market participants remain cautious and require unprecedented rigour in risk analytics. Yet businesses must take risks not only to survive but to thrive. In the current scenario, the business environment has never been more complex and the risks never been more difficult to manage. Businesses need to shift focus to more agile risk management and capital optimization, increasing integration, flexibility and control and reducing the growing cost of regulatory compliance.

    Although data, process, technology, and analytics improvements are key drivers for better risk management, driving these improvements can be challenging. This is due to fragmented data and systems, multiple lines of business, functional silos, and multiple regulatory jurisdictions across the globe. Despite these facts most institutions are not at all sure how to go about managing risk effectively.

    Enter SAS. With more than 40 years of experience with leading financial institutions around the world, SAS offers an extensive suite of enterprise risk management solutions, proven methodologies and best practices. It has also been driving business evolution with its intelligent risk analytics.

    Jim Goodnight, CEO of SAS informs, “Our risk management offerings bring industry-leading capabilities in stress testing, capital management, modeling, aggregation, and analytics to help institutions navigate challenges of enterprises, drive automation and improve operational efficiency.” SAS solutions are built from the ground up with the comprehensive data management environment and powerful analytics and discovery tools.

    Fuelled by ever increasing regulations, more aggressive enforcement and record fines and penalties, companies are now in an extremely volatile and risky regulatory environment. SAS successfully conquers the changing landscape by complying with the regulations around the world. Along with its flexible solutions that easily adjust to local and regional regulations, SAS accommodates varying guideline interpretations across multiple jurisdictions. To deliver regulatory reports into the hands of all risk stakeholders quickly and efficiently, SAS has an easy to use reporting dashboard of regulatory credit risk measures–built with SAS Visual Analytics. Jim elaborates, “We integrate existing risk models and data hierarchies into a streamlined, unified data infrastructure to measure and report credit, counter-party, market and liquidity risk.”

    SAS successfully conquers the changing regulatory landscape by complying with the regulations around the world


    In the wake of financial crisis, the banking sector faced ever changing market challenges when regulators imposed stress testing requirements on financial institutions to ensure that they could withstand the next big shock. The SAS solutions allow integration of information for regulatory capital, economic capital, and stress and test results. With SAS, organizations can stress test an entire bank portfolio as well as individual business units for the amount of market, credit, operational, and asset liability management related risks. SAS also has a Risk Modeling Workbench that establishes a controlled modeling process to support stress-testing requirements of financial institution.

    Credit Risk Management is another vital area of risk management where SAS plays a vital role in regulatory credit risk management across multiple jurisdictions with built-in methodologies and pre-configured capabilities. This solution facilitates regulatory compliance by delivering a standardized workflow for calculating regulatory capital with data-driven calculations that are configurable and extensible. By using SAS Credit Risk Management solutions, organizations optimize their credit portfolio and make smarter lending decisions.

    SAS has a plethora of solutions to offer to its clients, from the increase in the ability to work efficiently with a large data set, to the optimization and implementation of the appropriate governance for risk management. The third largest privately held bank in India, Axis Bank, uses SAS to measure and mitigate risk. As SAS provides a transparent environment that lets the bank to manage the entire process from identifying risks to measuring, mitigating, and monitoring it on an ongoing basis. It is also providing Axis Bank with the most powerful analytics available and an outstanding support team to form a great partnership. Since 2006, it is providing user friendly, self service reporting for integrated comprehensive data management across the organization.

    Pertaining to the company’s strategies, Jim informs, “We aim to help every customer turn analytic insights into value. We do so by adapting to changing markets, working with disruptive technologies, and remaining relentlessly committed to innovation.” Adhering to this, SAS remains a leader across core markets while providing innovative solutions to its customers’ most challenging business problems. Since 1976, the software company has not only survived the tumultuous changes in the technology arena but it has thrived to be positioned for growth than ever. Under Jim Goodnight’s leadership, SAS has become renowned for its innovation and corporate culture. With SAS, businesses can turn the current critical challenges into tomorrow’s great decision and move the world.
    - Akanksha Singh
        March 09, 2017
    Previous
    Next
    Share this Article:
    Tweet

    sas Info

    Company
    sas

    Headquarters
    .

    Management
    Tan Yen Yen, Regional VP and MD (South APAC)

    Description
    Confers assistance in business analytics software and services by transforming data into insights for business benefits

    2017

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    CIO Speaks

    Previous Next
    Cloud Computing: Pharma Takes the Plunge

    Andy Newsom, SVP & CIO, CSL Behring

    WiFi 6, 5G and the Internet of Things (IoT)

    Mark Badal, CIO, IT&E

    In Augmented Reality, Size Matters

    Jason Blackman, CIO, Carsales.Com

    Enhancing Customers

    Marc A. Hamer, VP & CIO, Babcock & Wilcox Enterprises, Inc.

    Cloud or On-Premise? When Would The Question End?

    Kevin Soh, CIO and Director, e-Strategies, BH Global Corporation

    Responsible AI: The Human-Machine Symbiosis

    Sal Cucchiara, CIO & Head Of Wealth Management Technology, Morgan Stanley

    Asian Development Bank: Using Emerging Digital Technologies for the Common Good

    Shirin Hamid, CIO, & CTO, Asian Development Bank

    Diversity and Inclusion can Drive Better Solutions for Clients and Employee Engagement

    Linda K. Lannen, CIO & Sr. VP, Kleinfelder

    Cyber Security - Integrated enterprise approach required to address the multifaceted challenges

    Sumit Puri, CIO, Max Healthcare

    The Great Tech Arms Race: How Changing Consumer Behaviour and Expectation is Driving Ecommerce Transformation

    Brett Raven, CIO, Big Red Group

    Relying On Technologies To Transform Data Into Information

    Mark Ohlund, CIO & Sr. V.P., Armada Supply Chain Solution

    3D Printing Requires Wildly Different Thinking

    James MacLennan, SVP & CIO, IDEX Corporation

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/sas