Chartis Research has officially named SAS a category leader across its ALM Solutions, 2024 report.
Going by the available details, the stated report evaluated total of 25 asset and liability management (ALM) solution providers, an evaluation where SAS scored highest in overall completeness of offering. Not just that, the company also earned the only five-star, best-in-class rating, thanks to its capabilities and breadth of optimization in the ALM solutions quadrant.
Having said so, alongside the four RiskTech Quadrants included in last year’s ALM report, Chartis evaluated two new ALM solution categories i.e. hedging and risk management solutions, along with financial planning and budgeting solutions.
Talk about some of the categories in which SAS emerged as a clear-cut winner, they unsurprisingly begin from the explicit ALM category, where the company was able to besr others on the back of its interest rate modeling and optimization capabilities
“SAS’ integration of Kamakura into the SAS Viya platform has significantly enhanced [its] market presence and potential,” Chartis wrote. “The integration of its features and functionalities offers substantial benefits to existing customers, providing a competitive edge in the marketplace. SAS’ customers can also take advantage of integration with cloud-native solutions within the broader ALM ecosystem, including tools for expected credit loss and regulatory capital.”
The next criteria on which Chartis outdid most other companies was funds transfer pricing (FTP) solutions. Here, SAS’ performance here stemmed from a successful campaign related to improving upon its standing in both completeness of offering and market potential. The stated upgrade would help the company big time in amassing the second-highest set of criteria ratings among the solution providers evaluated.
Then, there was the category focused on liquidity risk management (LRM) solution. Markedly enough, the whole exercise saw SAS again clocking the second-highest placement for both completeness of offering and market potential, including a best-in-class rating for scenario generation, a critical capability in managing liquidity risk.
Joining would be a segment rooted in capital and balance sheet optimization solutions. SAS would go on to earn here an industry-leading ratings in all criteria for this quadrant, which included 22 vendors.
“With increasing economic uncertainty, financial institutions are taking a hard look at their ALM and broader risk management capabilities,” said Stu Bradley, Senior Vice President of Risk, Fraud and Compliance Solutions at SAS. “SAS has quickly become the foremost leader in enabling integrated balance sheet management – from data management through decision – spanning interest rate and liquidity risk modeling, expected credit loss, market risk management, regulatory compliance, stress testing and forecasting. Running SAS risk solutions on cloud-native SAS Viya provides banks of all sizes the flexibility and scalability they need to face evolving risks.”
Moving on to the newly-introduced category of hedging and risk management solutions, it included 26 different vendors. SAS again stood out by achieving one of the highest completeness-of-offering scores of any vendor, as well as a best-in-class rating in three criteria (balance sheet and position forecasting; hedge strategy management; product pricing and product risk strategy).
Rounding up highlights would be a criteria predicated upon financial and budgeting solution. Like the other new category, this one, too, evaluated 26 vendors, eventually recognizing SAS with the category leader distinction.
Among other things, we ought to mention how SAS’ mark on the latest Chartis report delivers a rather interesting follow up to its impressive showing in the Chartis RiskTech100 2025, which placed SAS No. 2 overall for the second year in a row. In case you weren’t aware, Chartis RiskTech100 is considered as the most prestigious and comprehensive annual ranking of the world’s top 100 risk management software and solution providers.
