Latest SAS News: Finextra Research

Citi to develop AI-based trade finance compliance platform

Citi is working with EY and SAS to on the development of an AI-based risk analytics scoring engine to provide more context and usable data to aid decision makers in reviewing trade transactions.

30 April 2019

/ai

Nationwide deploys SAS analytics to improve customer interactions

UK building society Nationwide has enlisted SAS to help it tap into the power of AI for more efficient and effective customer interactions.

12 March 2019

/retail

SAS sets up fintech incubator

SAS has launched a fintech incubator space in London, giving startups free access to big data technology assets and industry expertise, with a promise to slash the time taken to hone and test applications by up to 50%.

12 April 2016

/regulation

Was the London Whale a rogue trader?

Speaking at Finextra's 'Holistic surveillance and the fight to prevent rogue traders' webcast, industry veterans David Clark and Simon Wheatley, along with Shaun Mathieson, senior consultant, global banking & markets, SAS debate whether the ongoing saga of JP Morgan's so-called London Whale trader constituted a rogue trader incident.

06 June 2013

/retail

FSA calls on banks to overhaul complaints handling as customer grievances soar

The Financial Services Authority (FSA) plans to shake up its complaints handling rules after revealing that more than 7000 gripes against high street banks are lodged every day, with Lloyds topping the league of shame.

30 September 2010

/regulation

Risk management weaknesses at finance firms persist - EIU survey

Many of the flaws in risk management at banks and insurers that precipitated the global financial crisis remain unaddressed even as new dangers have emerged, according to research from the Economist Intelligence Unit.

04 May 2010

/retail

Confused.com taps SAS for customer insight

UK price comparison Web site Confused.com has signed for business analytics software and services from SAS to help target new customers and improve retention.

13 August 2009

/retail

SAS unveils social network and media analysis software

Business analytics vendor SAS has unveiled software that uses information from social networking and media sites to help firms such as banks combat fraud and improve their understanding of customers.

05 August 2009

/regulation

Allied Bank taps SAS for risk management

Pakistan's Allied Bank has signed for risk management technology from SAS to help it meet Basel II regulatory requirements and improve credit ratings.

08 June 2009

/regulation

Data quality key to risk overhaul - survey

Just a third of financial services executives think risk management principles in their business remain sound, with over half conducting or planning a major overhaul of operations, according to a survey by the Economist Intelligence Unit.

06 May 2009

/regulation

SAS launches risk and remuneration profiling tool at Finexpo

Business analytics vendor SAS has teamed up with human resources outfit Coalition to launch a new software product that enables financial services organisations to better align employee remuneration to the firms appetite for risk.

05 February 2009

/regulation

ICFR chief to set out new risk management agenda at Finexpo

Barbara Ridpath, chief executive of the newly-formed International Centre for Financial Regulation - a London think tank established by 19 leading financial institutions in co-operation with the UK Government and the City of London - is to participate in the opening panel at Finextra's forthcoming risk and transaction management event in February.

16 January 2009

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