About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SAS Combines Software Modules to Deliver Capital Management Solution

Subscribe to our newsletter

SAS has packaged two of its existing software modules to deliver SAS Capital Planning and Management, a solution designed to help banks meet regulatory and internal capital management requirements quickly and efficiently.

The package combines SAS Financial Management with specific capabilities added for capital planning, such as calculation rules and capital allocation, with SAS Operations Research, which supports the optimisation of capital allocation. It also includes a slice of SAS intellectual property. Both SAS Financial Management and SAS Operations Research are mature technologies with more than 10 years of continuous development and broad customer bases beyond the financial services sector.

The SAS capital management solution has been in development for about a year and was brought to market early this year. To date, it has attracted 15 active prospects in the US and a similar number in Europe.

Vincent Kilcoyne, capital markets specialist at SAS, explains: “We recognised that capital management covers multiple disciplines including finance, risk and operations, so we brought them all together in a single environment. Our customers often have to rely on extensive work by their IT departments to run stress tests and simulations, but we have included them in SAS Capital Planning and Management and enable users from departments such as finance, treasury, risk and strategy to access information they require for the purposes of capital management.”

The solution is data agnostic and includes adapters for data federation. It can scale to meet banks’ requirements and can work with sophisticated third-party analytical models as well as integrate additional SAS analytical functionality.

Looking at risk weighted assets from a market risk perspective, for example, Kilcoyne says the capital management software can calculate capital requirements in one or two hours, saving banks time and sometimes lowering capital requirements. In terms of regulation, he notes US Comprehensive Capital Analysis and Review regulation as a driver for adopting capital management solutions, as well as forthcoming Basel III regulation in Europe.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: An Agile Approach to Investment Management Platforms for Private Markets and the Total Portfolio View

Data and operations professionals at private market institutions face significant data and analytical challenges managing private assets data. With investors clamouring for advice and analysis of private markets in their search for returns, investment managers are looking at ways to gain a more meaningful view of risk and performance across all asset types held by...

BLOG

Unlocking $100 Trillion: Chainlink’s New Framework for On-chain Institutional Finance

Chainlink, the decentralized blockchain network designed to facilitate the transfer of tamper-proof data from off-chain sources to on-chain smart contracts, has introduced its Automated Compliance Engine (ACE). ACE is a modular framework aimed at addressing compliance challenges in onchain finance and facilitating institutional participation in blockchain markets. Built atop the Chainlink Runtime Environment, ACE is...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...