SAS acquires OpRisk Analytics


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

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Investment banks: the future of risk control

This 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

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