PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: SAS Institute, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

IDC MarketScape - SAS Named A Leader in Credit Risk Management - Analytics referenced as SAS’ core strength, highlighting high-performance capabilities - SAS.com
IDC MarketScape - SAS Named A Leader in Credit Risk Management

 

NewswireToday - /newswire/ - Cary, NC, United States, 2014/11/25 - Analytics referenced as SAS’ core strength, highlighting high-performance capabilities - SAS.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services/Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Business analytics powerhouse SAS was named a leader in the IDC MarketScape: Worldwide Credit Risk Analytics Solutions 2014 Vendor Assessment. The report studied both capabilities and business strategies of credit risk software vendors. Of note this year, the IDC MarketScape included buyer perspective on the overall value delivered by vendors. Comments addressed the intelligence SAS provides to its clients alongside the company’s character and experience.

“As a leading credit risk analytics vendor in the IDC MarketScape, SAS combines in-house with packaged capabilities, plus credit risk offerings supporting retail, commercial, and capital management necessary for tactical, operational, and strategic data-driven decisions,” said Michael Versace, Global Research Director, IDC Financial Insights. “SAS provides out-of-the box capabilities with in-house custom models configurable by risk analysts and statistical modelers. Their market expertise provides a risk-specific data model that is prepackaged with a series attributes required by a financial institution to analyze credit risk.”
SAS’ core strength

Analytic-based decisioning, according to the IDC MarketScape, is SAS’ core strength. SAS® credit risk solutions take “advantage of the latest advanced analytics platform based on high performance options like grid computing and in-database and in-memory processing to solve big data problems.” SAS’ integrated approach provides valuable enterprise risk functions that segment customers for a performance management program, delivering an efficient, accurate and transparent process to support regulatory credit risk measures.

The IDC MarketScape commended SAS for making “headway to fully support credit risk approaches for the Basel Accord,” and for customer credit modelling both internal and regulatory to address Basel III and other country-based regulations such as CCAR in the US.
Customer satisfaction from long-term relationship

Customers “expressed a level of satisfaction expected from a long-term relationship with SAS,” according to the IDC MarketScape report. Clients also referenced the "depth of business and analytics knowledge, drawn from years in the field," and "proactive, open communications between SAS, partners, and the customers." Along with pure technical capabilities, the IDC MarketScape calls these leading attributes.

“Regulator and business demands are placing pressure on banks to improve their credit risk analytics, with a particular focus on credit decisions,” said David Rogers, SAS Global Product Marketing Manager for Risk. “An integrated, end-to-end platform with advanced data management and high performance analytics helps reduce both model creation timeframes and financial losses caused by operational errors.”

The IDC MarketScape reviewed SAS Credit Risk Management for Banking, SAS Risk Management for Banking, and SAS Credit Scoring for Banking for this study.

SAS was also recently named a leader in the Chartis RiskTech Quadrant® for Model Risk Management Solutions 2014.

Read an excerpt of the IDC MarketScape: Worldwide Credit Risk Analytics Solutions 2014 Vendor Assessment study.

About IDC MarketScape
The IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About SAS
SAS (sas.com) is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 70,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW®.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services/Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: SAS Institute, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
IT Services/Network Management articles,
CATCH Visitors via Your Competitors Announcements!


IDC MarketScape - SAS Named A Leader in Credit Risk Management

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

SAS | IDC MarketScape
Publisher Contact: Kris Balic - SAS.com 
919-531-0624 Kris.balic[.]sas.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any SAS Institute, Inc. securities in any jurisdiction including any other companies listed or named in this release.

IT Services/Network Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From SAS Institute, Inc. / Company Profile


Read IT Services/Network Management Most Recent Related Newswires:

Evolve IP Awarded with 2017 Unified Communications Product of the Year
Thales Acquires Guavus - One of the Pioneers of Real-time Big Data Analytics
ConfigureTek’s Q2 Scheduled Event Opportunities - Partners with ServiceNow
Ekahau Earns Frost & Sullivan Customer Value Leadership Award for Delivering Industry-Best Solution for Deploying and Maintaining Wi-Fi Networks
NEC Successfully Trials Landslide Prediction System in Thailand
Infosys Expands Footprint in Eastern Europe Opens Delivery Center in Croatia
RTI-C and NEC Begin Construction of HK-G Submarine Cable System
YASH Technologies Announces Strategic Partnership with Worksoft to Offer End-to-end Automated Testing Services
NEC Software Uses Facial Recognition to Verify Mobile Service Users
NEC and EnspireME to Build Europe's Largest Battery Energy Storage System in Germany
RoundTower Becomes Turbonomic Platinum Partner Through Investment in Autonomic Performance Practice
NEC and K-Opticom Successfully Trial System Combining Virtualization Technology with 10G-EPON
Evolve IP Announces Availability of the Global Evolved Office (GEO)
Accudata Systems, Inc. Successfully Renews Elite Cisco Master Security Certification
Abritas Fully Integrated into Civica

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)