Sales of SAS® OpRisk Management jumped in 2007 to an increase of 105 percent over 2006. This record revenue is evidence that financial services institutions continue to recognise business intelligence leader SAS as a key component in governance, risk and compliance (GRC) management. SAS recognises financial institutions’ need to measure and manage operational risk in a scientific way – not just for regulatory purposes, but also for making sound business decisions. Clearly, the many recent awards and recognitions for operational risk management based on customer feedback have paid off for SAS.
SAS’ global operational risk customers are located in 28 countries across six continents and include institutions ranging from Australia, France, Japan, Mexico, Saudi Arabia, the UK and the US. SAS software’s leading data management capabilities and superior analytics arm institutions with the ability to view their risk profiles at an enterprise level. More than 70 institutions globally now use SAS OpRisk Management.