Financial institutions are finding it necessary to strengthen their Anti-Money Laundering AML platforms to stem the tide of illicit financial transactions and meet new regulatory mandates. For enterprises with moderate to high risk exposures, this calls for a rigorous automated system based on dynamic risk assessment. Financial institutions need a...
As retailers worldwide battle the recession, one chain has actually come out stronger. Charlotte, NC-based Family Dollar led the S&P 500 in stock appreciation and has garnered national attention for continued positive revenue, earnings and same-store sales increases. The challenge was to increase sales by ensuring that each store stocks...
This paper offers views on the most effective ways to integrate, store, manage and analyze Advanced Metering Infrastructure AMI and smart metering data. It also explains how to make sure the information that utilities use to make decisions is not only consistent, accurate and timely, but also contributes to operational...
Current economic conditions heighten the need for financial services firms to accurately gauge required levels of regulatory compliance and economic capital to support business strategy and risk appetite. More regulations are on the way, demanding transparency, accurate information about company operations, robust and comprehensive risk management, regulatory compliance and efficient...
Even though SAS Risk Management for Banking comes with a lot of preconfigured functionality, it is evident that not all regulatory details with respect to liquidity risk are finalized and therefore remain unknown. It is also likely that the regulatory requirements are only basic requirements and that institutions will include...
Savvy organizations are strategically applying analytics to their daily operations to outthink and outperform the competition. This Computerworld technology briefing illustrates how CIOs and their teams have a vital role to play in understanding the data needed for informed decision making - and establishing an analytical IT architecture with the...
A key to gaining competitive advantage in today's marketplace is linking front office, middle office and risk management teams to ensure timely, consistent views of data from pre-trade analysis through return and risk modeling. Working with existing systems and software, SAS Risk Management integrates data, scenarios and models from across...
SAS Analytics provide potential answers to questions related to risk and uncertainty; endorse reserves information; and ensure that exploitation plans are adhered to in accordance to predefined targets. SAS Analytics offer predictive and descriptive modeling, forecasting and spatial analysis that incorporates variograms, kriging and simulation to better comprehend the reservoir....
With regard to intervention in the current crisis, and prevention of future crises, establishing an integrated loan performance monitoring and early warning system is the key. To that end, CCAF affords regulators with the information and necessary tools to enforce such a system and ensure lending safety and soundness. All...
This paper covers the process involved in developing a university-wide decision support system at McMaster University, for both financial and non-financial data. Over the past few years, McMaster has been designing and building a data warehouse based on enterprise-wide information needs. The data warehouse is being built incrementally along with...
As part of a continuing effort to increase its capabilities in predictive modeling and analytics, ISO Innovative Analytics is building an "Advanced analytics platform." The system centers around SAS Enterprise Miner running in a grid environment. This paper discusses the process the company went through in making the software and...
According to Gartner, more than 90% of global 2000 companies have incorporated, or plan to incorporate, analytics into their business applications. This increased utilization of analytics will likely correspond to an increased demand for career professionals with strong analytic skills. This paper examines how academic programs are responding to this...
Energy commodity price volatility and production variability in the Province of Alberta can cause wide swings in provincial royalty revenue streams. A $5 barrel of oil equivalent variation in price equates to a royalty revenue fluctuation of US$695 million. The challenge was to forecast fluctuations in energy prices to prevent...
Ugine & ALZ was established following the merger of French steel company Ugine and Belgian steel producer ALZ. It now constitutes an important part of the Arcelor Group. The challenge was that it needed better data consistency and manageability. ALZ deployed SAS9 that saved time and money and results in...
Established by Congress in 1789, the US Department of the Treasury is responsible for promoting prosperous and stable American and world economies. Its mission includes managing the U.S. government's finances and financial systems, which is the responsibility of one of its bureaus, the Financial Management Service. The challenge was to...
The best approach to supporting and promoting analytics within an enterprise is to develop a centralized group and infrastructure, an Analytical Center of Excellence ACE. There are several approaches to implementing the ACE infrastructure and organization. These approaches can be viewed in three phases: outsourced, centralized in-house and distributed in-house....
Insurers recognise that understanding how their customers and prospects interact with their websites, together with all other customer touchpoints such as call centres and face-to-face interactions, plays a vital role in helping them achieve the strategic aim of enhancing the customer experience. This is about understanding individual customers and their...
The presenter of this webcast talks about the importance of Activity Based Management in improving cost and productivity management. ABM can drive performance improvements and help organizations thrive even in the toughest times.
The analytics architecture in today's typical organization - built around point solutions and functional silos - is not optimized for an enterprise perspective; yet this holistic view is exactly what top management now deems mission-critical to the organization. IT groups are challenged to deliver intelligence throughout the enterprise within the...
Over the past few years, analytics has emerged as an important management discipline. While adoption has largely been driven by forward-thinking CEOs, CIOs and CMOs, analytics is reaching the office of the CFO. This webcast from Business Finance and SAS will provide with the knowledge needed to chart the right...