Prescio consulting is proud to announce its partnership with SAS, a leader in business analytics software and services, and the largest independent vendor in the business intelligence market.
Prescio, in partnership with SAS can now help customers improve performance and deliver value by making better decisions faster. Prescio can help transform customer data into insights that gives a fresh perspective on their business. Customers can identify what’s working,fix what isn’t, and discover new opportunities.
In the wake of the financial crisis of 2008, regulatory pressure on financial institutions has increased significantly, particularly around the three components of risk: Credit Risk, Market Risk, and Operational Risk. In response, banks have continued to increase capabilities in quantifying each risk type. This brief overview will focus on financial modeling approaches used Operational Risk.