Cooperative Computer Society Implements SAS for Data Integration and Basel II Compliance
Cooperative Computer Society (SEM Ltd.) provides comprehensive IT services to the Cooperative Banking Movement, totaling 120 cooperative credit institutions comprising 550 branches and about 1.7 million customers. SEM wanted to record, analyze and integrate risk management of 120 cooperative credit institutions to ensure compliance with Basel II regulations. To master these challenges SEM chose SAS Institute. SEM deployed SAS Credit Risk Management for Banking, SAS OpRisk Management and SAS Market Risk Studio. Using SAS and SAS partner Business & Decision, SEM Ltd. provided integrated risk management capabilities, including recording, calculating and reporting, to the 120 companies of the Cooperative Banking Movement, ensuring compliance with Basel II regulations.