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SAS Risk Management Reviews & Product Details

Verified User in Computer Software
UC
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about SAS Risk Management?

The foremost thing about SAS is that its beyond identifying mistakes, it gives proactive insughts as well. It also enables making informed decisions. Review collected by and hosted on G2.com.

What do you dislike about SAS Risk Management?

SAS falls on the expensive side when it comes to licensing fee. It also might not be able to perform nicely on large data sets. Review collected by and hosted on G2.com.

What problems is SAS Risk Management solving and how is that benefiting you?

Risk management methods can be time consuming. SAS can help save time and make it faster. Review collected by and hosted on G2.com.

SAS Risk Management Overview

What is SAS Risk Management?

Profitability. Efficiency. Regulatory compliance. No matter how your financial institution prioritizes risk, SAS has proven methodologies and best practices to help you establish a risk-aware culture, optimize capital and liquidity, and meet regulatory demands. Put on-demand, high-performance risk analytics in the hands of your risk professionals to ensure greater efficiency and transparency. Strike the right balance between short- and long-term strategies. And confidently address changing regulatory requirements.

SAS Risk Management Details
Product Website
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How do you position yourself against your competitors?

In developing its risk management offerings, SAS can draw from the capabilities of the wider SAS company. SAS has a strong heritage as an analytics company and can utilize these technologies to what our risk management applications need to be. Ultimately, risk management comes down to analytical frameworks and the ability to offer the full end-to-end process with data acquisition, model development, model implementation, usage, monitoring, and the governance around it.

SAS also brings significant domain expertise, embedding domain knowledge and content, specific to solving risk problems.

The ongoing transformation of the SAS risk product portfolio to take advantage of the innovations afforded by SAS’s Viya 4.0 platform enables SAS risk solutions to be reinvented for the open modular technology paradigm and emphasize a cloud-first approach and API-first architecture.


Seller Details
Company Website
Year Founded
1976
HQ Location
Cary, NC
Twitter
@SASsoftware
62,425 Twitter followers
LinkedIn® Page
www.linkedin.com
17,268 employees on LinkedIn®
Phone
1-800-727-0025
Description

SAS offers business analytics software and services, and is an independent vendor in the business intelligence market. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®.


Crystal S.
CS
Overview Provided by:
Customer Engagement Analyst at SAS

Recent SAS Risk Management Reviews

Juan carlos S.
JS
Juan carlos S.Mid-Market (51-1000 emp.)
5.0 out of 5
"Opinión personal"
SAS Risk Management destaca por variproporciona herramientas sofisticadas para analizar grandes volúmenes de datos, permitiendo identificar y mitig...
Verified User
I
Verified UserEnterprise (> 1000 emp.)
4.0 out of 5
"Powerful analytics that help me effectively identify and mitigate risks in our organization."
The advanced analytics and modeling tools allow for in-depth assessments, enabling data-driven decision-making.
Verified User
U
Verified UserMid-Market (51-1000 emp.)
2.5 out of 5
"Risk Management"
Product stability New features Product efficiency
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77 out of 78 Total Reviews for SAS Risk Management

4.3 out of 5
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Overall Review Sentiment for SAS Risk ManagementQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Banking
UB
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about SAS Risk Management?

Integrated Platform : It integrates smoothly with tools like SAS Decision Manager and Data Integration Studio, allowing seamless workflows across data preparation, model development and risk analysis.

Customizable Models : It supports development of custom risk models, providing flexibility to tailor the solution. It provides OPTMODEL to provide best alternative offer with machine learning.

Real time Decisioning : The ability to evaluate credit risk in real time allows accurate decision making for loan approvals.

Reduced costs : Automated workflows for data management and risk modelling reduces manual intervation, lowering operational costs for manual underwriting and improving effeciency. Review collected by and hosted on G2.com.

What do you dislike about SAS Risk Management?

Lack of timely support during major incidents. In critical situations, resolving issues often takes longer than expected and we do not consistently received detailed RCA which hinders our ability to prevent future occurences.

We have 3 tier architecture and the restart of application takes more than 30 minutes which is major downside. Review collected by and hosted on G2.com.

What problems is SAS Risk Management solving and how is that benefiting you?

SAS Risk Management is help me to provide real time accurate decisions for loan approvals. It benefits me with automated underwriting and fast decision of the loan application. Review collected by and hosted on G2.com.

Juan carlos S.
JS
Lider analitica y desarrollo
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about SAS Risk Management?

SAS Risk Management destaca por variproporciona herramientas sofisticadas para analizar grandes volúmenes de datos, permitiendo identificar y mitigar riesgos de manera efectiva. Review collected by and hosted on G2.com.

What do you dislike about SAS Risk Management?

Puede ser una solución costosa, especialmente para pequeñas y medianas empresas que no cuentan con grandes presupuestos para software de gestión de riesgos. Review collected by and hosted on G2.com.

What problems is SAS Risk Management solving and how is that benefiting you?

Uno de los problemas principales es el alto costo de implementación y mantenimiento, lo que puede ser una barrera para empresas pequeñas. Review collected by and hosted on G2.com.

Santhosh Kumar G.
SG
Technical Projects Lead - Risk and Finance Systems
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about SAS Risk Management?

SAS Risk Management is manily used to meet the regulartory requirements for the Group Risk segment in the banking sector and offers robust analytical capabilities. Review collected by and hosted on G2.com.

What do you dislike about SAS Risk Management?

I believe it is little expensive and there are various SAS products that needs to be procured. Review collected by and hosted on G2.com.

What problems is SAS Risk Management solving and how is that benefiting you?

Seamless workflows execution for the business monthly reporting cycles (like ECL runs) and ability to integrate multiple data sources in the reporting activities. Review collected by and hosted on G2.com.

Abhishek J.
AJ
Product data scientist
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about SAS Risk Management?

I find that despite the numerous data points you are able to capture, you are able to portray it in a very simple way.

Most organizations and other software technologies tend to give out multiple visuals and insights which is rather overwhelming as such action points would be lesser seeing that we cant work on multiple problems at the same time we tend to forgo the entire problem in itself and the process of the model risk management slowly deteroits Review collected by and hosted on G2.com.

What do you dislike about SAS Risk Management?

It is great that you are able to simplify problems but it would be highly better if there was a way to prioritze these problems better and removes any small visuals so the focus can only be one 1 problem. Review collected by and hosted on G2.com.

What problems is SAS Risk Management solving and how is that benefiting you?

It is able to help me underatand if the effiency of the model is deteroiting or if there are environmental changes that are affecting the model, it can be bought into the picture Review collected by and hosted on G2.com.

Shiva Y.
SY
Engineer
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about SAS Risk Management Platform?

The most important thing about SAS Risk management platform is it's real time analysis associated with different operations which has improved over time. The upside of it is that you have improved decision and quick decision making power now. Review collected by and hosted on G2.com.

What do you dislike about SAS Risk Management Platform?

Usually the analysis is correct, but UI of it could be made more user friendly. Review collected by and hosted on G2.com.

What problems is SAS Risk Management Platform solving and how is that benefiting you?

It helps our organization to build better risk evaluation and validation model, at an efficient cost which in turn increase the robustness of the company. Review collected by and hosted on G2.com.

Sufian S.
SS
Business Development Representative
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about SAS Risk Management?

This platform empowers users to seamlessly collect, manage, and store comprehensive model and model risk information, delivering enterprise-grade oversight at every stage of the model life cycle. By ensuring meticulous data handling, it enhances transparency and control, facilitating better decision-making and compliance. With its advanced features, users can streamline workflows, mitigate risks, and maintain the highest standards of accuracy and reliability, ensuring optimal performance and regulatory adherence across the enterprise. Review collected by and hosted on G2.com.

What do you dislike about SAS Risk Management?

Budget wise towards the higher side which makes it difficult for small business to afford. It would be great if you ll could come up with budget friendly deals Review collected by and hosted on G2.com.

What problems is SAS Risk Management solving and how is that benefiting you?

Users benefit from improved operational efficiency, reduced risk exposure, and heightened regulatory compliance. The integrated analytics capabilities allow for real-time monitoring and proactive management of potential risks, fostering a culture of transparency and accountability. Review collected by and hosted on G2.com.

Rahul K.
RK
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
Products used within SAS Risk Management Platform: SAS Risk Modeling, SAS Risk Management
What do you like best about SAS Risk Management Platform?

I used this to deploy one of machine learning model. And I face less difficulty to deploy. There are various featues given by to make easy development as well as deployment of model. Review collected by and hosted on G2.com.

What do you dislike about SAS Risk Management Platform?

For resolving error sometimes I face difficulty. Review collected by and hosted on G2.com.

What problems is SAS Risk Management Platform solving and how is that benefiting you?

I used this to develop and deploy credit risk model. It also helps me to optimizing the model. I used this to get probablity of default so that to not give loan to bad user. Review collected by and hosted on G2.com.

Verified User in Banking
EB
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about SAS Risk Management?

Having a single calculation and model execution platform enables business outcomes in a controled and governed environment.

intuitive workflow lower the learning curve for new staff. Managment insights are available on platform.

SAS support is always on hand. Review collected by and hosted on G2.com.

What do you dislike about SAS Risk Management?

Cloud platform does not provide easy integration with on prem solutions. Review collected by and hosted on G2.com.

What problems is SAS Risk Management solving and how is that benefiting you?

We use SAS RM as a solution to regulatory compliance and for business insights. Review collected by and hosted on G2.com.

Verified User in Financial Services
IF
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about SAS Risk Management?

SAS Risk Management helps organizations proactively identify, assess, and manage risks, which can lead to improved decision-making, enhanced operational efficiency, and greater financial stability. Review collected by and hosted on G2.com.

What do you dislike about SAS Risk Management?

The software can be expensive, especially for smaller organizations. The cost includes not only the software itself but also potential expenses for training, implementation, and ongoing support. Review collected by and hosted on G2.com.

What problems is SAS Risk Management solving and how is that benefiting you?

SAS Risk Management solves critical risk-related problems by providing powerful tools for analysis, compliance, and operational efficiency. Specifically, the use of an auto loan risk scorecard helps financial institutions manage credit risk effectively, leading to a more secure and profitable lending environment. Review collected by and hosted on G2.com.

Mashat M.
MM
Channel Profitability Analyst
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about SAS Risk Management?

It's features and how different risk categories are managed together Review collected by and hosted on G2.com.

What do you dislike about SAS Risk Management?

Not the easiest to get used to but once mastered, true appreciation of it's capabilities become evident. The UX can be improved in my opinion Review collected by and hosted on G2.com.

What problems is SAS Risk Management solving and how is that benefiting you?

Credit Risk: Haven't implemented the model yet, but I trust it will go well from scenario tests we've done. Review collected by and hosted on G2.com.