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Basel ii Software
SAS® for credit risk and operational risk management
Currently, more than 140 financial services institutions use SAS®
for credit risk and operational risk management.
In addition, SAS was recently positioned by Gartner Inc. in the
Leaders quadrant of the “Magic Quadrant for Basel II Software
Applications” report. According to the report, “the leaders
quadrant tends to be occupied by vendors with integrated Basel II
software application suites covering all the risk disciplines that
have achieved a high level of market acceptance. These suites
contribute to developing a common architectural approach and
enable a consistent view of risk across the organization as
compared to separately designed and implemented risk-calculation
engines or reporting tools. Such vendors are beginning to approach
the market with a more comprehensive approach to ERM and its
linkage to corporate performance management. They have robust
organizational structures and professional services resources.”
Gartner’s report evaluated SAS software’s ability to execute and
its completeness of vision. Financial services firms are adopting risk management systems in response to government regulations and industry standards. SAS helps its customers to go beyond compliance and manage risk strategically through risk-based performance management. By doing so, firms can derive real business value from their compliance initiatives and exploit risk for maximum competitive advantage. Implementation of regulations such as the Basel II accord should be viewed as a step in the continuing process of improving risk management as part of an overall enterprisewide risk management initiative. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ OpenPages OpenPages is a leading provider of enterprise risk management solutions that optimise business performance. OpenPages empowers the world's largest companies by unifying governance, risk and compliance across the enterprise and by incorporating risk management into their day-to-day business processes. Market-leading corporations select OpenPages because of its domain expertise and software solutions that seamlessly adapt to their unique risk management methodologies while providing the flexibility to evolve their governance, risk and compliance processes over time. OpenPages enables leading organisations to leverage risk management strategies to optimise business performance. Without taking risks, companies cannot grow or improve efficiency. With OpenPages, companies execute disciplined risk and compliance management programmes to manage unexpected outcomes and to reduce the impact of realised risks when they do occur. Founded in 1996, OpenPages is headquartered in Waltham, Massachusetts, with regional offices throughout North America, and international offices in Tokyo and London. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------- SunGard BancWare With over 25 years of banking technology experience and over 500 clients in more than 40 countries, SunGard BancWare solutions deliver high-calibre, actionable intelligence to meet the risk management needs of financial institutions large and small. Designed exclusively for finance professionals, BancWare's modular software and consulting solutions for asset/liability management, budgeting and planning, profitability, economic capital, operational risk and Basel II compliance provide banks, mortgage and credit lenders and other financial services institutions with a unified view of risk to help improve overall balance-sheet risk management, and assist in better decision-making at all levels of the organisation. SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- i-flex solutions i-flex solutions is a world leader in providing IT solutions to the financial services industry, with more than 720 customers in over 120 countries. Its range of products, custom solutions and consulting services enable financial institutions to cut costs, respond rapidly to market needs, enhance customer service levels and mitigate risk. Oracle Corporation holds a majority stake in i-flex solutions. The strategic relationship with Oracle provides financial institutions around the wan unmatched, comprehensive and integrated suite of solutions. The i-flex portfolio includes FLEXCUBE, a complete banking product suite for retail, consumer, corporate, investment and internet banking, and asset management and investor servicing. Since its launch in 1997, more than 300 financial institutions in over 100 countries have chosen FLEXCUBE. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |
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