Vendor Analysis of SAS Model Risk Management Solutions

This document is a Vendor Analysis report focusing on SAS's Model Risk Management (MRM) Solutions for the year 2024. It is based on the Chartis quadrant report titled 'Model Risk Management Solutions, 2024: Quadrant Update.' The report summarizes key theses from the Chartis analysis, which highlights the increasing complexity in the MRM space as the distinctions between products, services, governance, and validation blur. It discusses the differentiation between model providers and validation specialists, emphasizing the evolving nature of model validation solutions and governance capabilities. The report also outlines the demand-side and supply-side takeaways, noting the challenges faced by regulators and institutions due to rising model complexity, particularly with AI and machine learning models. Furthermore, it presents the Chartis RiskTech Quadrant methodology, which assesses vendor capabilities and market positioning within the risk technology landscape, providing insights into SAS's standing among competitors.