comprehensive selection of products including the vendor’s Detail Data Store for Banking and its Data Integration, Enterprise Miner, and Risk Dimensions tools, as well as the Business Intelligence suite with SAS Enterprise Guide, OLAP Server, Web Report Studio, and Information Delivery Portal options. The roll-out took place during 2010 and the systems went live at the beginning of 2011. The work was carried out by Bank Leumi with the help of the local SAS partner, MIA Computers. In February 2011, Union Bank, the primary subsidiary of


San Francisco-based UnionBanCal Corporation, having nine months earlier adopted SAS for credit risk management, decided also to implement the vendor’s OpRisk VaR offering. And by March 2011, the SAS relationship with Belgian banking group, KBC, had expanded with the selection of SAS Risk Management for Banking, SAS Risk Management for Insurance and SAS Financial Management to provide a central, group-wide risk reporting solution. Coverage included data integration and storage of different risk results, data quality monitoring, reconciliation of finance and risk numbers, risk aggregation, internal reporting on all risk types, data exploration and regulatory reporting. Another win, with Danske Bank, was announced at the


vendor’s June 2011 Premier Business Leadership Series event in Antwerp, Belgium, the Danish institution having signed for SAS Risk Management for Banking as its platform for calculation of economic capital. In September 2011 SAS announced that Credit Guarantee Corporation Malaysia (CGC) had signed to cover risk around its small and medium enterprises (SME) portfolio. CGC had taken SAS Enterprise GRC, SAS Financial Management and SAS Business Analytics enabling it to centralise its risk data storage, with SAS serving as an administration platform for CGC to develop and maintain its credit rating model. In the US, by Q3 2014 Yadkin Bank had completed a


standardisation project as part of its merger with another domestic bank, VantageSouth Bank. The new $4 billion entity had been brought onto a common core banking system from FIS, alongside SAS for data analytics and reporting to provide a consolidated view of the customer data and loan portfolios of the two businesses.


Campbell Rodgers, director of management reporting


and forecasting at Yadkin Bank, said that following the commencement of the merger earlier in 2014, Yadkin Bank reached out to SAS to manage the standardisation and to gain a better view of the businesses. VantageSouth Bank was


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already using SAS tools (as well as the IBS core system from FIS), and Rodgers had previous experience of the vendor from another bank he had worked at before, where the software was ‘a go-to tool for a lot of the finance and the sales and risk management groups’.


Rodgers explained that during the merger process, teams


from the two entities used SAS to take all of Yadkin’s historical results and detailed account level files, and feed these into the VantageSouth Bank system. ‘We had to do a mapping process because their loan products were slightly different to ours, and the way they risk grade their loans is slightly different to the way we do it,’ he said. ‘When we had done that, and we loaded it into SAS, all the data looked the same.’ This process allowed the new business to see where there were gaps and where there was overlap in products and data. The standardisation process was finalised in September 2014, and Yadkin Bank was now leveraging SAS as its main reporting software. ‘Our core system does have a reporting tool that comes with it, but the capability we get from SAS is beyond what we get from that tool,’ said Rodgers. The bank can take extracts from the core system and load these into SAS on an automated basis. Reports are then generated and distributed to the sales team either via email, or employees can log in online and access reports via a web portal. The data is updated in real-time, and allows staff to have an overall view of their portfolio, or to drill down into account level detail. One area where the bank was looking to further leverage


SAS was via the use of visual data analytics. ‘We are already updating our conference rooms to display tablets on the big screen because our executive management is interested in having the capability to show the information and have it condensed and on the tablet,’ said Rodgers. He anticipated that ‘the majority, if not all’ of Yadkin Bank’s reporting would be displayed this way as opposed to via the web version within the next year. Looking to personalize communications with its 15 million private customers and 1 million business clients Commerzbank has selected SAS® Customer Intelligence to support its multi-channel marketing program, in July 2015. Once such an agreement is in place, Commerzbank provides an online portal individualized to each customer’s preferences. The portal will deliver exclusive suggestions for new products that suit the customer’s personal needs. This high degree of personalization is an important ingredient for enhancing customer experience, which is of critical importance for banks working to retain and grow each relationship.


Risk Management Systems & Suppliers Report | www.ibsintelligence.com


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