SAS^® Performance Management for Banking

Financial institutions face perpetual challenges as they seek to increase shareholder value, bank profitability and customer loyalty while simultaneously grappling with ever-changing regulations. To deal with these challenges successfully, they must translate business strategy into actions that can sustain profitable growth and deliver measurable results quickly.

Unfortunately, many banks find it increasingly difficult to achieve this goal due to:

• Vast quantities of raw data scattered across the enterprise that must be transformed into the real information that executives need to make strategic decisions.
• The common "silo" mindset among business units, which slows the delivery of enterprisewide information to the people who need it.
• Lack of clear performance measurements, which can make it impossible to execute corporate strategy successfully.

SAS Performance Management for Banking helps financial institutions overcome these challenges, with the broadest, deepest range of offerings for performance management available. Tailored for the financial services industry, our performance management capabilities let you do more than manage the performance of your organization – we help you improve it.

With SAS Performance Management for Banking, you can:

• Increase revenues through greater profitability analysis, customer growth initiatives and improved financial consolidation and reporting.
• Manage risk at the enterprise and departmental levels, and comply with regulations.
• Reduce costs through operational efficiency and optimization of internal processes.
• Bring context and direction to your business intelligence initiatives and support a continuous process for improvement.

The SAS difference

Better align decisions, tactics and resources with strategies.

• Understand which measures drive your business, and align operations toward those drivers.
• Tie traditional scorecard features such as traffic lights and speedometers to powerful predictive analytics, using predictive scorecarding capabilities.
• Link strategy to plans using strategy maps to gain a better understanding of the data that’s driving business performance forward.

Synchronize, consolidate and report financial and operational strategies.

• Collaborate on the development of scenarios and associated budgets.
• Create more frequent, accurate forecasts, ensure financial transparency and publish reports more quickly using a single, integrated solution for financial planning, budgeting and reporting.
• Ensure that the latest information is always available for decision makers and regulatory agencies using dynamic consolidation.

Communicate, collaborate and monitor strategies enterprisewide.

• Ensure that you have the most efficient access to your organization’s current status with at-a-glance dashboard visuals.
• Receive automatic alerts that inform you immediately of important events.
• View cause-and-effect relationships between events, so you can understand results in the proper context.