9/10/2023 0 Comments Sas calculator![]() ![]() ![]() Its ability to break down the execution process from both a granular and a 30,000-foot view empowers financial firms to be fully transparent and audit-ready. The SAS Solution for IFRS 9 enables banks to model expected credit loss, manage workflows, and integrate and validate data for model development. “It has lots of high-quality offerings and great support the client genuinely comes first.” IFRS 9 technology that “brings together a fully integrated risk and finance view generally not evident in most products” “SAS is the leader in its field – a well-deserved position,” the judging panel further noted. Judges called the solution “expandable and adaptable,” highlighting its “good product coverage.” They also praised SAS’ overall approach, stating, “This shows SAS flexing its muscles in commercial credit and occupying the traded space via securitizations and the large exposures framework.” With this expansion of the SAS Solution for Regulatory Capital, financial institutions can prepare for full compliance in various jurisdictions and optimize their credit risk mitigation strategy, while reducing capital requirements within legal and regulatory constraints. With SAS’ new Basel IV configuration, clients can prepare for changes in regulation and simulate credit risk approaches to weather the storm. Regulatory capital calculation solution 'shows SAS flexing its muscles'įacing potential market volatility, financial firms must anticipate increased capital requirements that could send initial margins soaring. ’s judging panel called SAS’ model as a service approach “innovative.” Further, it lauded SAS’ “focus on easy and fast model deployment as well as natural language explainability,” providing comprehensive support for the credit lifecycle. The result is transparent, machine learning-driven decisioning that can evolve through a wide range of implementations and applications. In SAS’ integrated ecosystem, automated credit decisions, detailed metrics, and turnkey, compliant risk models are a click away. SAS Risk Modeling's key differentiators in the consumer credit modeling arena? Ease, automation and explainability. That seamless experience relies on crunching increasingly large and diverse datasets through risk models and integrating advanced analytics into fair and ethical decisioning processes – no easy feat. Without state-of-the-art credit risk modeling, banks and fintechs cannot deliver the consistent customer experience today’s consumers demand. Modern banking requires modern decision-making attuned to the latest regulatory standards – and adaptable amid shifting conditions. “While awards and accolades are nice, what’s most important is what this recognition represents to our customers: that their SAS powered risktech capabilities will help them identify and overcome the challenges ahead, whatever the future brings.” SAS 'a clear leader' in consumer credit modelling, says judging panel “As the world faces growing economic uncertainty, financial services organizations are reassessing risks and recalibrating their models and processes to weather the volatility ahead,” said Troy Haines, Senior Vice President and Head of Risk Research and Quantitative Solutions at SAS. This integrated and highly collaborative risk platform provides a virtual headquarters for model development, data integration and workflow planning and execution across risk and finance. The winning solutions integrate seamlessly with an array of other SAS solutions on cloud-ready SAS Risk Stratum. Regulatory capital calculation product of the year.Consumer credit modelling software of the year.According to a panel of judges comprised of editors and risk technology users, the artificial intelligence and analytics leader reigns supreme in three categories: SAS has again scored a collection of wins from the 2022 Risk Technology Awards, ’s prestigious annual awards series recognizing the best in enterprise, operational, and credit risk technology. ![]()
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