SAS upgrades product on SAS(R) 9.2 platform, adds advanced analytics,
risk portfolio management capabilities
The Premier Business Leadership Series, LAS VEGAS, Oct. 28 /CNW/ - It's more important than ever for energy professionals to analyze credit risks and market exposures quickly, efficiently and at a detailed level. SAS, the leader in business analytics (http://www.sas.com/business%20analytics/), in conjunction with its RiskAdvisory division, offers the energy industry a way to effectively measure and manage risk: SAS BookRunner (http://www.sas.com/industry/energy/energy_risk.html), a complete end-to-end energy trading and risk management (ETRM) software package that enables energy traders, risk managers and executives to enhance their decision-making abilities through world-class analytics, real-time deal capture and transaction management tools. The latest release of this software, SAS BookRunner v12, is available now.
SAS BookRunner leverages three decades of SAS service-oriented architecture development to provide optimized analytical functions from deal capture and transaction management to risk analytics and compliance reporting. The latest version of the software offers modules for commodity capture, an analytics workbench and advanced analytics that can be accessed through a single, Flex GUI-based user interface in any Web browser. Developed on the SAS 9.2 platform, SAS BookRunner quickly integrates data from any number of sources, and its analytics and simulation capabilities are second to none.
"SAS BookRunner v12 represents a new paradigm in energy trading and risk management," said Karen Joslyn, General Manager of RiskAdvisory. "SAS BookRunner v12's inclusion of business analytics, predictive models, risk dashboards and data integration capabilities gives customers an ability to perform real-time scenario analysis and measure portfolio-wide exposures that is unprecedented among ETRM vendors. And, its modular approach creates the flexibility to integrate our solutions into any environment."
SAS(R) BookRunner(R) supports growth at SourceGas
SourceGas, a Colorado-based natural gas distribution company, required a system to help it move beyond spreadsheets that had proven inadequate to handle the company's growth. SAS BookRunner provided proper audit controls and created a platform to grow SourceGas' business and exploit opportunities in the market.
"The analytic capabilities within SAS allow SourceGas to reach a level of sophistication in risk modeling that leads the market and supports our growth strategies," said Charlie Sanchez, Director of Risk Controls at SourceGas. Sanchez will share his company's experience with SAS BookRunner during a presentation, "Can the Management of Risk Create Risks?" (http://www.sas.com/events/pbls/2009/las-vegas/sessions.htmlNo.SourceGas) at The SAS 2009 Premier Business Leadership Series event in Las Vegas.
In addition to SourceGas, SAS BookRunner customers include EnCana (ttp://www.riskadvisory.com/pdfs/encana_feb27.pdf), Xcel Energy, SaskEnergy (http://www.sas.com/industry/energy/saskenergy.pdf), Portland General Electric, and many other exploration and production companies, gas and power utilities, refining and marketing entities, and financial services firms. For more information about SAS BookRunner v12, call Kathy Walsh at 403-263-7475.
Today's announcement came at The Premier Business Leadership Series (http://www.sas.com/events/pbls/2009/las-vegas/index.html) event in Las Vegas, a business conference presented by SAS that brings together more than 600 attendees from the public and private sectors to share ideas on critical business issues.
SourceGas is a natural gas local distribution utility headquartered in Lakewood, Colo., with operations in Arkansas, Colorado, Nebraska, Wyoming and Hermosillo, Mexico. SourceGas serves nearly 420,000 customers and operates 17,700 miles of distribution, gathering and transmission pipeline, as well as storage facilities. SourceGas and its subsidiaries also provide gas transportation, in-home HVAC and appliance service and sales, as well as gas commodity sales service to its natural gas customers.
RiskAdvisory, a division of SAS, provides energy trading and risk management (ETRM) solutions and business intelligence tools that enable organizations to proactively capture, analyze and simulate market and credit risks in volatile energy and commodity markets. World-class risk analytics, modeling and reporting capabilities, delivered in an integrated framework, offer a portfolio-level view that enhances risk management and strategic decision making. www.RiskAdvisory.com
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions delivered within an integrated framework, SAS helps customers at more than 45,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW(R). www.sas.com
The Canadian subsidiary of SAS has been in operation for 21 years. Headquartered in Toronto, SAS employs 240 people across the country at its Vancouver, Calgary, Toronto, Ottawa, Quebec City and Montréal offices.
SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. (R) indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright (C) 2009 SAS Institute Inc. All rights reserved.
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For further information: For further information: Editorial Contact: Suzanne Sprajcar, Suzanne.email@example.com, (416) 301-4634; Visit the SAS Press Center, www.sas.com/presscenter