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INTRODUCTION ON SAS ( Statistical Analysis Software) BY- R ajat PaL
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A. What is SAS? SAS is a comprehensive statistical software system which integrates utilities for storing, modifying, analyzing, and graphing data. SAS runs on both Windows and UNIX platforms. SAS began at North Carolina State University as a project to analyze agricultural research. As demand for such software grew, SAS was founded in 1976 to help all sorts of customers - from pharmaceutical companies and banks to academic and governmental entities. SAS is used in a wide range of industries such as healthcare, education, financial services, life sciences etc..
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MISSION : SAS delivers proven solutions that drive innovation and improve performance. VISION SAS transforms the way the world works, giving people THE POWER TO KNOW. VALUES These SAS values can be seen in every company relationship, from long-standing customer engagements to the strong and focused employee community:- Approachable Customer-Driven Innovative Trustworthy
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Some SAS Products…. SAS® 9.3 SAS 9.3 was released in July 2011, with maintenance releases available in December 2011 and August 2012. Core analytical products are now released every 12–18 months and are independent of Base SAS. New releases of the analytical products are available with the second maintenance release of Base SAS (SAS 9.3 M2). SAS/ACCESS SAS Activity-Based Management SAS Add-In for Microsoft Office SAS Anti-Money Laundering SAS/AF SAS AppDev Studio Base SAS SAS BI Dashboard SAS BI Server SAS/CONNECT SAS Credit Risk Management for Banking SAS DataFlux SAS Data Integration Server SAS Data Integration Studio SAS Data Quality Server SAS Data Surveyors SAS/ACCESS SAS Activity-Based Management SAS Add-In for Microsoft Office SAS Anti-Money Laundering SAS/AF SAS AppDev Studio Base SAS SAS BI Dashboard SAS BI Server SAS/CONNECT SAS Credit Risk Management for Banking SAS DataFlux SAS Data Integration Server SAS Data Integration Studio SAS Data Quality Server SAS Data Surveyors
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SAS User Interface Explorer Window Results Window (not shown Output Window (not shown Editor Window Save button Log Window New Window button Click here for SAS help Tool bar similar to Windows applications Run button – click on this button to run SAS code
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Advantages…. Data entry, retrieval, and management Report writing and graphics design Statistical and mathematical analysis Business forecasting and decision support Operations research and project management Applications development How you use SAS depends on what you want to accomplish. Some people use many of the capabilities of the SAS System, and others use only a few.
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APPLICATION OF SAS SAS for Banking: Risk and Capital Management It effectively manages all types of risk, and optimizes management of capital and liquidity. High-Performance Risk Management SAS helps the banking industry to handle complex portfolios of financial instruments, rapid calculation of risk measures and more. Customer Insight SAS helps to grow customer relationships and maximize the customer experience between customer and the bank. Fraud and Financial Crime It helps to detect, prevent and mitigate financial crime risk and fraudulent activities across the enterprise. Finance and Operations SAS helps the banking industry to drive profitable growth, and improve competiveness while controlling costs.
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