SAS acquires OpRisk Analytics

- By Risk Staff
- 01 Jul 2003

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Stamford, Connecticut – International software firm SAS announced the purchase of OpRisk Analytics, a Stamford, Connecticut-based software company that specialises in op risk products, in mid-June. The deal, which had been rumoured in the market for several weeks, gives SAS a strong foothold in the operational risk software arena, where it has been aggressively building its presence over the past 12 months. Financial terms of the deal were not disclosed.

Ali Samad-Khan, chief executive officer

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

More on Operational risk

Operational risk

Power play: how geopolitics is shaping op risk at G-Sibs

Op Risk Benchmarking: Geopolitics is a top five fear for G-Sibs, but most banks lack specialist risk staff and classical tools

03 Aug 2023

Technology and Data

Automating regulatory compliance and reporting

Flaws in the regulation of the banking sector have been addressed initially by Basel III, implemented last year. Financial institutions can comply with capital and liquidity requirements in a natively integrated yet modular environment by utilising…

02 Aug 2023

Operational risk

No tick-the-box approach to compliance risks

Op Risk Benchmarking: G-Sibs share fear of regulatory run-ins, but lack common stance on modelling, KRIs and more

01 Aug 2023

Operational risk

Bread-and-butter op risks at the top table

Op Risk Benchmarking: As G-Sibs are forced to do more, how can they avoid doing more wrong?

27 Jul 2023

Operational risk

Op Risk Benchmarking: Inside the G-Sibs

New initiative scrutinises op risk measurement and management practices at the world’s largest banks

26 Jul 2023

Operational risk

Sizing cyber: banks split on who owns and measures hack threats

Op Risk Benchmarking: G-Sibs split on risk modelling and management for IT disruption and infosec

26 Jul 2023

Operational risk

Banks frequently breach appetite for top op risks

Op Risk Benchmarking: Five G-Sibs breached appetite in past year across four risk types, new research reveals

24 Jul 2023

Operational risk

Investment banks: the future of risk control

This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

20 Apr 2022