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 Integrates Technologies to Deliver Decision Manager Platform

Subscribe to our newsletter

SAS has pulled together existing and new technologies to deliver SAS Decision Manager, a platform that integrates predictive analytics, business rules and data management to support decision making. The platform is also being built into other SAS products with the first to host the technology being SAS High-Performance Risk.

The risk solution uses the platform and event processing to speed up calculations and is available immediately. SAS Decision Manager is being used by early adopters in the financial services sector and will be production ready towards the end of July.

Decision Manager is designed for all those involved in decisions, be they business analysts, modelling specialists, IT people or managers who evaluate the return on investment of decisions. According to Madhu Nair, SAS senior manager for information management, “We wanted to automate decisions, especially high-frequency operational decisions, and we wanted to address the needs of all the people taking part in making decisions.”

With this in mind, SAS has included newly developed business rules for business analysts, these can be purchased separately as SAS Business Rules Manager, in Decision Manager, as well a visual data builder to help IT staff prepare and deploy data. Drawing on its existing product set, the company has integrated the SAS Model Manager for data modelling into the platform, as well as SAS Data Management and SAS Visual Analytics, which are used here for business managers to understand decision flows.

Nair says: “Before, users would have had to buy the components separately, then integrate and maintain them. SAS Decision Manager is a single, tightly integrated platform that bridges the gaps between people involved in decision making and allows companies to make faster, more accurate decisions.”

Existing users of SAS business analytics can upgrade to SAS Decision Manager, or it can be purchased as a stand-alone solution. The platform is also being incorporated into other SAS solutions, with initial integration designed, in part, to mature the technology before it became a stand-alone product. To date, the technology forms part of SAS High-Performance Risk and SAS Real-Time Decision Manager, a customer intelligence tool dedicated to high-volume, inbound customer channels, but further integration is planned.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: AI in Asset Management: Buy-Side Attitudes toward GenAI and LLMs

Since ChatGPT exploded onto the scene in late 2022, financial markets participants have been trying to understand the opportunities and risks posed by artificial intelligence and in particular generative AI (GenAI) and large language models (LLMs). While the full value of the technology continues to become apparent, it’s already clear that AI has enormous potential...

BLOG

Informatica Sees a Future of AI-Focused Innovation Releases

Informatica has had a busy 2024, announcing major new innovations and partnerships as it brings artificial intelligence to the fore of its cloud-based data management offering. Last month the California-based company deepened its association with Databricks, providing the full range of its AI-powered Intelligent Data Management Cloud capabilities within Databricks’ Data Intelligence Platform. The expanded partnership...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

A-Team Group’s Valuations Vendor Directory 2009

An indispensable guide to valuations professionals seeking providers of services in the asset valuations market. A-Team Group’s latest release in its series of directories – available for FREE download – focuses on vendors of valuations data, models and analytics. But this is not just another list of firms with their telephone numbers – you can get that...