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SAS wins risk tech vendor award


December 18, 2006   by Canadian Underwriter


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SAS has ranked first in the “core risk technology” category and second overall in Chartis Research’s RiskTech 100 report.
The report is an overall assessment of the risk technology vendors. It examines each vendor’s functionality, core technology, organization strength, customer satisfaction and market presence.
“Our top ranking speaks volumes for SAS’ leadership in the risk market,” said Peyman Mestchian, SAS director of risk management for Europe, the Middle East and Africa. “Core technology is the foundation for effective enterprise risk management and SAS’ technology is unmatched.”
Chartis believes that “the traditional silo-based approach to managing risks adds little value to the business.” As a result, “core technology platforms [have become] enablers of change,” according to a press release.
The Chartis report states: “SAS’key strength is its superior data management and risk analysis capabilities, providing the ability to offer a true end-to-end solution.”
The RiskTech 100 core technology category examined each vendor’s capabilities in data management, risk analysis and reporting.
Chartis Research provides analysis and research on the global market for risk technology. Areas of focus include credit risk management; operational risk management systems; fraud systems and corporate governance and risk management.
SAS, a North American company with offices in Calgary, Montreal, Ottawa and Toronto, offers business intelligence software and services.


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