Book Image

SAS for Finance

By : Harish Gulati
Book Image

SAS for Finance

By: Harish Gulati

Overview of this book

SAS is a groundbreaking tool for advanced predictive and statistical analytics used by top banks and financial corporations to establish insights from their financial data. SAS for Finance offers you the opportunity to leverage the power of SAS analytics in redefining your data. Packed with real-world examples from leading financial institutions, the author discusses statistical models using time series data to resolve business issues. This book shows you how to exploit the capabilities of this high-powered package to create clean, accurate financial models. You can easily assess the pros and cons of models to suit your unique business needs. By the end of this book, you will be able to leverage the true power of SAS to design and develop accurate analytical models to gain deeper insights into your financial data.
Table of Contents (9 chapters)

Aspects of credit risk management

The following aspects of credit risk management make it a complex and challenging area of specialization.

Basel and regulatory authority guidelines

Earlier, we learned about the Basel norms. We have three versions of the Basel norms, but many more deliberations, consulting papers, and clarifications from the Basel Committee. There is already a Basel IV being spoken about, although there is no such formal name assigned to the extensions of certain aspects of Basel III that are currently being discussed by the Basel Committee.

In the case of the Eurozone and United Kingdom, the European Central Bank (ECB) and the Prudential Regulatory Authority (PRA) provide sign-offs for the advanced modeling...