May 11, 2012 – SAS released a new version to their regulatory risk management product, SAS Enterprise GRC, this week, claiming its new workflow capabilities, personalized menu options and comprehensive control will quicken and make easier the jobs of those monitoring risk and compliance exposures.
"SAS aims to enable customers to make better business decisions and reduce risks to help strengthen overall corporate value. The company's advanced analytics are among the best in the industry, giving customers risk modeling, scenario analysis and other highly complex capabilities unmatched by other GRC competitors," said Chris McClean, Senior Analyst for Security and Risk at Forrester Research.
The provider asserts SAS Enterprise GRC’s data management capabilities as well, citing “its highly flexible and integrated architecture,” in a press release. Added features are also designed to help users customize business processes and operational demands. Incident management can be arranged to add decision nodes, alter validation stages, configure prompts, and establish separate processing for financial effects, recoveries and allocations. Another new benefit, according to SAS, is the ability to manage approval workflow for risk, controls and impacts.
SAS Enterprise GRC enables users to edit the comprehensive view of an organization's GRC program, including linkages between GRC dimensions and custom fields. This empowers uses, according to SAS, to visualize how risks, controls, key risk indicators, incidents and other core elements relate to and strengthen one another.
This story originally appeared at Insurance Networking News.