BFBP Chooses SAS to Manage and Control Risk

Overview

Beginning in 2000, Banque Federale des Banques Populaires (BFBP) launched a project to provide the group with systems and methods compatible with Basel II. The initial work consisted of demonstrating whether the banks' current rating methods were compatible with the Basel II reform. As the project proceeded, however, concern arose over BFBP's ability to communicate efficiently with other banks in the group, which were already using SAS to generate scores. The objective - to share means, resources and techniques to build united and long-term systems - also involved ensuring that teams could use the same language and statistical laws, as well as work with the same results. For this reason, the BFBP chose SAS for a common rating systems based on scores.