For the fifth consecutive year, SAS, the leader in business analytics software and services, continued its reign as the leader by Chartis Research in its Operational Risk Management Systems 2009 report . Since 2005, Chartis has positioned SAS OpRisk Management in the top spot for “completeness of offering” and “market share potential.”
Chartis forecasts the worldwide operational risk management (ORM) market to grow to US$1.68 billion by 2013. The Chartis report looks at both the demand and supply sides of the market and covers the main market and regulatory requirements as well as the competitive landscape. The evaluation examined a vendor’s core functionality, data management capability, vendor characteristics, implementation process, user friendliness, complexity, customizability/flexibility and costs.
“The capabilities of SAS OpRisk Management and enterprise risk management (ERM) software and services from SAS continue to earn our highest ranking,” said Peyman Mestchian, Head of Advisory Board at Chartis. “SAS continues to demonstrate its innovation and commitment to solving its customers’ evolving needs in risk management.”
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