vRisk vs. SAS Solution for Regulatory Capital

Begin by clearly articulating your objectives, followed by identifying the potential risks linked to those goals. Next, evaluate and rank these risks according to their likelihood and potential impact on your objectives. Compare these risks against your predefined risk tolerance levels to pinpoint which ones necessitate urgent attention. After prioritization, devise suitable strategies for each identified risk and ensure their effective implementation. It is crucial to maintain open communication and consult with all relevant stakeholders throughout this process. Regularly monitor the situation and strive for continual improvement as time progresses. Once you have organized the identified risks into a risk register, visualizing them on a heat map becomes a simple task! You just need to pick the risk code and drag it to its designated spot on the heat map. The X and Y axis values will be logged automatically for your ease. Furthermore, repositioning risks within the risk heat map or matrix can be done effortlessly by dragging and dropping them to their new locations. The Risk Heat Map, or Risk Matrix, boasts an efficient design suitable for board meetings or sessions held by the enterprise risk management committee. This solution provides significant flexibility, allowing for multiple display options tailored to various requirements. You have the ability to create and personalize different heat maps, each with unique filtering criteria or visual elements, ensuring they meet your specific needs. This degree of customization enables a more focused approach to risk management that can readily adapt to the changing demands of your organization while enhancing the overall effectiveness of your risk mitigation strategies.

Easily adapt to evolving regulatory demands and navigate the varied interpretations of Basel II, III, and IV standards that differ by region. Our flexible solution supports effortless system updates, ensuring continuous compliance with the most current regulations. With established regulatory frameworks, sample reports, and a data architecture tailored for banking, you can swiftly set up your operations for more streamlined regulatory adherence. The integration of the SAS Risk Stratum, along with the parallel processing capabilities of the SAS Infrastructure for Risk Management platform, results in a remarkable reduction in processing duration, boasting at least a 50% enhancement over previous versions. Furthermore, the SAS Solution for Regulatory Risk Management leverages the fundamental features of SAS Risk Stratum, enabling you to optimize your investment across multiple applications while improving overall operational effectiveness. This inherent scalability and adaptability guarantee that your organization is thoroughly prepared to tackle any forthcoming regulatory shifts. In this way, you not only secure compliance today but also position your organization for sustained success in an ever-changing regulatory landscape.