Chartis: SAS a leader in credit risk management systems

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SAS recognized for data management, flexible analytics, advanced stress testing

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Regulations and an unpredictable economy are forcing banks to re-examine how they measure and manage credit risk. The answer lies in merging real-time and data capacity in a single risk framework. For many institutions, that means SAS®. The analytics leader was named a category leader in Chartis’ 2016 RiskTech Quadrant® for Credit Risk Management Systems for the Banking Book.

"Banks using SAS® credit risk solutions can benefit from robust data management and analytics to deliver high-performance environments," said Chartis Managing Partner Peyman Mestchian.

The report states that category leaders like SAS have the “depth and breadth of functionality, technology, and content, combined with the organizational characteristics to capture significant market share by volume and value.” Chartis describes them as providing best-in-class solutions, a range and diversity of offerings, global reach, and deep domain knowledge in various risk topics.

“Our risk solutions create a single consistent framework in order to meet regulatory requirements and provide an overall enterprise risk intelligence layer,” said SAS Head of Global Operations Risk Management Tom Kimner. “We have hundreds of banks worldwide using our solutions to manage their credit risk not only for regulatory compliance, but also for everyday credit decision making.”

In ranking the completeness and market potential of SAS credit risk solutions, Chartis considered:

  •     Integration of risk and finance data.
  •     Flexible credit solution for developing and managing risk models including those for PD, LGD and EAD.
  •     Enterprise stress testing.
  •     Flexible and automated regulatory and internal reporting.
  •     Real-time business intelligence tools.

For market potential, Chartis looked at:

  •     Existing banking credit risk management client base.
  •     Growth strategy and brand.
  •     Geographical reach.
  •     Financial strength.

Chartis bases its rankings on in-depth independent research into market trends, participants, expenditure patterns and best practices. Reports are written by experienced analysts with hands-on experience in selecting, developing and implementing risk management systems for a variety of industries. Using consistent and objective criteria, Chartis evaluates vendors that have a significant presence in a given target market due to market penetration or innovative solutions.

About Chartis
Chartis is the leading provider of research and analysis on the global market for risk technology and is part of Incisive Media, which has market leading brands such as Risk and Waters Technology. Chartis' goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

RiskTech Quadrant®, RiskTech100® and FinTech QuadrantTM are registered trademarks of Chartis Research (http://www.chartis-research.com).

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Laura Lawton
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