SAS Rebrands RiskAdvisory for Expanded Energy Risk Management and Analytics Offerings

Cary, NC, United States, 2015/02/10 – SAS, the leader in business analytics and recent Chartis RiskTech100® leader, has rebranded RiskAdvisory, the energy risk practice that supports its SAS® BookRunner® commodity trading & risk management (CTRM) solution suite – RiskTech-Forum.com / SAS.com. The company will continue to serve global CTRM customers with an expanded offering under the SAS umbrella. SAS BookRunner provides energy and commodity traders and risk managers with a range of advanced analytics for sensitivity and scenario analysis, stress testing and out-of-the-box metrics such as value-at-risk, cash-flow-at-risk and potential future exposure. BookRunner incorporates cutting-edge SAS technologies, such as SAS® Visual Analytics, in-memory analytics, event-stream processing and high-performance computing, to meet the growing data management, analysis and reporting requirements of its increasing global customer base. SAS acquired RiskAdvisory in 2003 to gain an entry point into the energy commodity marketplace. “The SAS energy practice has evolved to encompass big data analytics, predictive asset maintenance, optimization, forecasting and visualization tools,” said Carl Farrell, Executive Vice President of SAS Americas and EMEA. “As one of our fastest-growing market segments, the energy vertical is an area in which SAS will continue to invest and drive innovation for current and future customers.” In the … continue reading

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Source: CTRM Center

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