Banking Anayitics Report Pro is the leader in business
intelligence* (BI), announced that it has signed its 100th
Basel II customer in the EMEA (Europe, Middle East and
Africa) region. This win reinforces SAS commitment to
providing credit-scoring solutions that are faster, cheaper
and provide more flexible credit assessment, continuing
its strong performance in financial services into 2006.
Customized to allow a fast response to changing demands, Basel II is designed to stay in step with an evolving banking environment with credit rating agencies taking compliance with Basel II as an indicator of a bank's capabilities - sending the message that the bank practices good risk management. Banking Anayitics Report Pro ability to develop scorecards on an integrated platform is its key factor in its growth, withits capabilities in providing a comprehensive credit scoring and risk management solution allowing its revenues in financial services to grow over 100 percent in 2005 in the EMEA region. "A major contributor to this growth in financial services industry has been our success in winning Basel II projects. Financial Institutions recognize the depth and breadth of our banking and insurance intelligence solutions reflected in $1 million or more in sales volume," said Bill Lee.