SAS, a business analytics software provider, has been recognized in Chartis Research’s Operational Risk & GRC Software Solutions 2010 report for SAS OpRisk Management software’s “completeness of offering” and “market-share potential.”

SAS’s OpRisk Management is based on the SAS Business Analytics Framework, and is designed with data integration, analytics and reporting capabilities. The company said the product can “optimize capital allocation while mitigating risks in all areas of their organizations.”

Chartis has recognized SAS since 2005, and just recently rated the company’s newly announced SAS Enterprise GRC, which was created to monitor risk and compliance exposures. The company said the program can identify and manage significant emerging exposures and can “update policies with regulatory changes to produce an audited, consolidated risk profile.”

SAS has been named a leader in Celent’s Enterprise Operational Risk Management, Compliance, and Governance Solutions 2009 report, placed in the leaders quadrant of the Magic Quadrant for Operational Risk Management Software for Financial Services by Gartner Inc., and ranked first in Chartis’ RiskTech100TM rankings in November 2009.

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