CARY, N.C., July 14, 2021 /PRNewswire/ — Citing the analytics and AI leader’s “means to continually adapt its featuring to market place alterations and new technologies,” Chartis Exploration has named SAS as a RiskTech Quadrant® Category Leader in design hazard administration (MRM). Among 26 methods evaluated by the analyst company, SAS scored “significant” in all analysis conditions, including these completeness of giving types:
- Design coverage.
- Knowledge management.
- Model stock management.
SAS has been a Class Chief in this assessment since Chartis recognized the MRM classification in 2014
This MRM rating enhances SAS’ situation as a Chartis RiskTech Quadrant® Group Leader in organization fraud remedies, reflecting its wide and enduring legacy as a economic products and services technology innovator.
“The COVID-19 pandemic uncovered and amplified money institutions’ hazard modeling concerns in an unparalleled way, and its destabilizing impact disclosed the importance of helpful MRM throughout enterprise strains,” claimed Sidhartha Sprint, Study Director at Chartis. “SAS’ category chief rating reflects how its adaptive organization system delivers stop-to-end abilities – from facts management and governance keystones to the newest in device studying and AI – to help corporations fulfill their regulatory and compliance obligations while mitigating and minimizing all types of risk.”
SAS has been a Category Chief in this evaluation given that Chartis recognized the MRM classification in 2014. The Seller Analysis for MRM Alternatives is primarily based on Chartis’ quadrant report, GRC Answers, 2021: Market place Update and Seller Landscape, posted in Might. According to the analysis:
“SAS, recognizing firms’ require to evaluation crucial product metrics, has created its MRM alternative to offer in depth model-risk lifecycle governance capabilities. It allows businesses use a knowledge-pushed strategy to evaluate their model challenges, determine gaps, assessment and update their procedures and procedures, and reassess their dangers. This iterative method can constantly improve design excellent and performance, supporting to guard the firm.”
“Automatic, effectively-ruled model administration – mixed with the capability to competently acquire and operationalize designs – is foundational to optimized, knowledge-driven risk decisioning,” explained Troy Haines, Senior Vice President and Head of Possibility Investigation and Quantitative Options at SAS. “SAS® Product Threat Administration on cloud-prepared SAS Hazard Stratum melds the most superior, business-cast analytics with a configurable, intuitive interface to assist simplify the complexities of MRM. The result is crystal clear, enterprise-degree oversight throughout the overall design life cycle.”
To explore how seem product threat management can help enterprises translate data into worthwhile insights and extra accurate forecasts, down load Contend and win with greater design risk administration, a complimentary MRM white paper by SAS.
About Chartis Study
Chartis Investigate is the major supplier of analysis and assessment on the world-wide marketplace for chance technological know-how. It is component of Infopro Digital, which owns market-primary models this sort of as Possibility and WatersTechnology. Chartis’ target is to assistance enterprises as they generate business enterprise functionality through improved chance administration, corporate governance and compliance, and to aid clients make informed technologies and small business conclusions by delivering in-depth examination and actionable assistance on practically all facets of risk technological know-how.
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