Category: Credit Risk
ActivePivot Integration Services for the ActivePivot real-time, in-memory, online analytical processing engine includes adapters for source data such as flat files, databases and distributed caches, as well as a relational store that simplifies data integration. Meanwhile, ActivePivot Sentinel is an intelligent agent for monitoring the real-time data in ActivePivot. By recording aggregated values, Sentinel can monitor complex business rules, such as ‘profit and loss < 0 for the last 30 minutes and value-at-risk not decreased by half'. When a rule is broken, it generates an alert that includes all the data associated with it.
Changes to SAS Risk Management for Insurance include support for counterparty default and operational risk under the Solvency II standard formula, and enhanced reporting capabilities that aggregate risk analysis results for all risk types. Meanwhile, SAS Risk Management for Banking now addresses Basel III requirements on liquidity, the incremental risk charge and the counterbalancing of hedging assets. Enhancements to SAS Enterprise Governance, Risk and Compliance (GRC) include a single corporate policy repository, a faster one-stop audit system and an updated comprehensive GRC programme view, the company claims. Changes to SAS Fraud Management include an integrated application programming interface, increased operational management and real-time transaction scoring.