With the global economy ailing, businesses need to actively manage risk, accurately track regulatory compliance and precisely measure and forecast economic capital to support business strategies. To avoid potential disaster but also uncover opportunities for growth, an effective governance, risk and compliance (GRC) program is no longer a luxury, it’s a necessity.
In October 2008, SAS ranked first in the operational risk and GRC categories in Chartis Research’s RiskTech 100 report. “SAS brings together best-in-class qualitative and quantitative risk assessment and reporting to be a natural market leader in GRC,” said Helen Townsley, Director of Research at Chartis Research. “SAS continues to innovate to solve customers’ evolving needs. After the credit crisis and global meltdown, organizations need to adhere to regulations, manage their risk and act in a transparent and consistent way through stronger GRC systems. It is clear SAS is committed to help.”
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