The solutions include SAS Risk Management for Banking, SAS Risk Management for Insurance and SAS Financial Management.
SAS claims that with its solutions, KBC can obtain a consistent and quick view of the overall risk exposures across risk types, departments and geographies.
With these solutions KBC will be able to swiftly implement any new and future reporting requirements, including Solvency II guidelines.
According SAS, the solutions supported with workflow capabilities, the entire groupwide risk reporting process will be covered including: data integration and storage of different risk results, data quality monitoring, reconciliation of finance and risk numbers, risk aggregation, internal reporting on all risk types, data exploration and regulatory reporting (such as Solvency II).
