SAS, a provider of business analytics software and services, has been placed in the Leaders quadrant of the "Magic Quadrant for Operational Risk Management Software for Financial Services," a report issued by research firm Gartner Inc.
According to the report, the Leaders quadrant “tends to be occupied by vendors with software applications that are addressing qualitative as well as quantitative aspects of risk management of ORM. These vendors have achieved a high level of market acceptance and enable a consistent view of operational risk across the organization as compared to separately designed and implemented risk calculation engines or audit, control and compliance reporting tools. Such vendors approach operational risk more comprehensively and holistically across the enterprise and link operational risk to CPM. They have robust organizational structures and professional services resources.”
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