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SAS® OpRisk VaR
SAS OpRisk VaR configuration data now resides on the SAS Metadata server. There is now a plug-in to SAS Management Console that replaces the Configuration Editor.
SAS OpRisk VaR now enables you to save scenarios and cross-classification variables that you have created. After these are saved, you can import them to another data version. You can also import them from different data stores.
SAS OpRisk VaR now provides an extensibility framework for insurance modeling. Insurance policies are implemented through method programs, and SAS OpRisk VaR supplies two by default, the Basel method and the Plain method. You can supply your own code to include additional methods to apply insurance policies.
SAS OpRisk VaR now enables you to define scenarios based on aggregate loss distributions. These scenarios represent the aggregate distribution with a severity distribution and a degenerate distribution set to 1 as frequency. This might be useful when you are interested in modeling aggregate loss indirectly and not interested in modeling the frequency distribution.
Overview
SAS OpRisk VaR assists organizations in achieving and maintaining regulatory compliance for operational risks. Organizations can use SAS OpRisk VaR to manage and summarize loss data, fit models to loss data using highly sophisticated predefined statistical models, include key risk indicators (KRIs) in those models, evaluate model fits using a variety of goodness-of-fit statistics, compute value at risk (VaR) using advanced simulation techniques, and forecast economic capital needs for operational risk.
Visit our general product information page on www.sas.com for more information.
The documentation for SAS OpRisk VaR is provided on a secure site that requires a user ID and password.
You can obtain access to the secure site if you are a licensed customer of SAS OpRisk VaR. To request access, contact your SAS consultant. Or, contact SAS Technical Support directly. Be sure to provide the SAS Site Number for your SAS OpRisk VaR software license along with your request.
SAS OpRisk VaR 4.2
- SAS OpRisk VaR 4.2: Administrator's Guide, Second Edition
- SAS OpRisk VaR 4.2: User's Guide
- Additional information is available through the Help menu of the SAS OpRisk VaR GUI.
SAS currently does not offer public training for SAS OpRisk VaR Software. You may submit your requests for training using our Interest List.
Your input will be reviewed as we develop the course schedule throughout the year. From time to time, we are able to add course dates to our schedule based on your input.
Need help?
Curriculum consultants are available in the U.S. from 9-5 EST. Contact us at 1-800-333-7660 or e-mail.
International customers, please contact your country office.
Need help?
Visit the Support page to access various self-help and assisted-help resources or submit a problem through the SAS Technical Support Form.
