SAS Ranks First in Chartis RiskTech100TM Report

SAS Ranks First in Chartis RiskTech100TM Report

User-Driven Survey Deems SAS the Leader in Risk Management Software

CARY, N.C.--(BUSINESS WIRE)-- SAS, the leader in business analytics software and services, is No.1 in Chartis Research’s prestigious RiskTech100^TM rankings, an annual international listing of the top risk technology vendors. Although SAS has been a leader in several categories since the inception of this report, this is the first year that SAS has earned top spot, a jump of six places from 2008.

The RiskTech100^TM methodology assessed each vendor’s functionality, core technology, organizational strength, customer satisfaction, market presence and innovation.

In addition to its overall success, the report placed SAS as the category winner for banking, Europe (market presence) and credit risk.

“SAS’ success in this year’s RiskTech100 rankings is linked to particularly high scores in the functionality and core technology categories,” said Peyman Mestchian, Managing Partner at Chartis Research. “In addition, our end-user surveys have given SAS a marked improvement in the customer satisfaction rating in the last 12 months.”

“This honor is confirmation of our dedication to deliver unsurpassed enterprise risk management to our customers,” said David Rogers, SAS Global Product Marketing Manager for Risk. “We strive to address all aspects of key risk concerns from credit, operational and market risk to anti-money laundering, combating fraud and financial crime. SAS continued to make sales across the world in 2009 - such as Allied Bank, Banca delle Marche, FirstBank and Union Bank - to name a few.”

The Chartis RiskTech100^TM report also contained the key results of a survey of 824 risk technology buyers and end-users and reveals that 57 percent of respondents believe that their firms’ approach to enterprise risk management can be characterized as “a set of tactical/reactive initiatives addressing specific gaps” (18 percent), or “a loose concept that is not fully defined with partial sponsorship from the board of directors” (29 percent), or “no current strategy or plans in place” (9 percent). On a positive note, 66 percent of respondents expect to increase their risk technology expenditure by 10 percent or more in 2010.

SAS risk management software has garnered many accolades this past year. SAS placed in the Leaders quadrant of the Magic Quadrant for Operational Risk Management Software for Financial Services by Gartner, Inc. in September. Also, in July 2009, Chartis ranked SAS as a leader in its Credit Risk Management Systems 2009 report for the third straight year and for a fifth straight year, SAS was a leader in Chartis Research’s Operational Risk Management Systems 2009 report in June.

Currently, more than 200 organizations use SAS for risk management, including: ABN AMRO (Netherlands), Allied Bank (Pakistan), AXA Bank (Belgium), Banca delle Marche (Italy), Banca Intesa (Italy), BB&T (US), BNL - Gruppo BNP Paribas (Italy), Caisse Nationale des Caisses d’Epargne (France), China Merchants Bank (China), CIMB Bank (Malaysia), Citibank Singapore (Singapore), EON Bank Group (Malaysia), First Bank of Nigeria (Nigeria), ING (Netherlands), Kookmin Bank (Korea), Riyad Bank (Saudi Arabia), Swedbank (Sweden), Union Bank (US), Vattenfall (Sweden), Woori Bank (Korea) and Zagrebačka banka (Croatia).

The full report can be obtained, free of charge, on www.chartis-research.com.

About Chartis Research

Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology. This includes technology solutions for managing: credit risk, operational risk and GRC, market risk, ALM and liquidity risk, financial crime risk, insurance risk and regulatory requirements including Basel II and Solvency II. (www.chartis-research.com). RiskTech100^TM is a registered trade mark of Chartis Research Limited.

About SAS

SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions delivered within an integrated framework, SAS helps customers at more than 45,000 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^®. SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2009 SAS Institute Inc. All rights reserved.

SAS

Kris Balic, 919-531-0624; [email protected]

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Source: SAS

Copyright Business Wire 2009 User-Driven Survey Deems SAS the Leader in Risk Management Software. SAS, the leader in business analytics software and services, is No.1 in Chartis Research's prestigious RiskTech100TM rankings, an annual international listing of the top risk technology vendors. <ne-topic code="ITSRVCOS" source="AMX" confidence="100" relevance="990" />