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Brown Brothers Harriman Capitalizes On SAS Business Intelligence.


Business Editors/High-Tech Writers

CARY, N.C.--(BUSINESS WIRE)--Dec. 9, 2003

SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System. (R) Enterprise Guide(R) Enhances Unparalleled

Asset Allocation Asset Allocation

The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio.
 Tool For BBH BBH Brown Brothers Harriman (investment bank)
BBH Bartle, Bogle, Hegarty (advertising agency)
BBH Bouncing Busy Hour
BBH Blueback Herring (FAO fish species code) 
 clients

SAS, the leader in business intelligence, today announced that Brown Brothers Harriman (BBH), a privately held bank specializing in investment management and global custody, has used SAS(R) software to develop a unique online investment asset allocation service that is unparalleled in the industry. Using this service, BBH can accommodate clients' complex investment demands, yielding increased managed assets and higher return on investment.

This service, known as SALSA salsa (säl`sə, sôl`–), American popular music developed largely in New York City during the 1970s; its name is derived from the Spanish word for hot sauce.  (Stochastic By guesswork; by chance; using or containing random values.

stochastic - probabilistic
 Asset Liability Strategy Analysis), is designed to meet the investment demands of insurance companies and other financial clients. It is powered by SAS business intelligence and analytics tools, particularly SAS(R) Enterprise Guide(R) software. BBH becomes the first company to move one step beyond the industry's dynamic financial analysis (DFA DFA - Deterministic Finite-state Automaton. See Finite State Machine. ) standard with a solution that breaks down complex data and lets customers easily understand their financial risks, both currently and five years into the future.

"We implemented SAS because we needed a solution that could handle the massive amounts of information generated by DFA. With SAS, we're pulling intelligence out of the data and giving our customers confidence that they're receiving the most informed asset allocation advice available anywhere," said Carl Terzer, marketing director at BBH. "Our ability to differentiate our service while providing clients with actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action.

An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it.
 investment alternatives has increased dramatically since we began partnering with SAS last year. Our customers can see the difference SAS makes."

SAS Enterprise Guide, a powerful component of SAS' unparalleled end-to-end business intelligence solution, is an application for business analysts and programmers This is a list of programmers notable for their contributions to software, either as original author or architect, or for later additions.

See also: Game programmer, List of computer scientists

 that offers tangible time savings while increasing return on investment. It quickly clarifies and simplifies masses of data with a user-friendly interface. SAS Enterprise Guide lets users manage data, perform query and reporting functions, and share powerful graphic displays. Quantitative analysts A quantitative analyst is a person who works in the financial markets developing and implementing mathematical models to assist the activities of traders and risk managers within investment banks, hedge funds and other financial institutions.  and strategists at BBH can now analyze more data than before while increasing managed assets and adding many new clients. The company is also saving lots of time.

"We consider the huge time savings SAS has given us to be a great return on investment," said Raghu Ramachandran, BBH's chief portfolio strategist strat·e·gist  
n.
One who is skilled in strategy.

Noun 1. strategist - an expert in strategy (especially in warfare)
strategian

market strategist - someone skilled in planning marketing campaigns
 for insurance asset management. "Before using SAS, we could only look at eight different allocations, and producing a single graph could take days. Now, with SAS Enterprise Guide, we can run 200 scenarios and easily produce 40 graphs in half an hour."

SAS helps organizations get more from their existing IT investments through the SAS Intelligence Value Chain, a strategic framework for delivering enterprise intelligence. SAS business intelligence is an integral part of the Intelligence Value Chain. From data manipulation Processing data.  tools to business reporting interfaces to unparalleled analytic capabilities, SAS delivers integrated and easy-to-use technologies that drive immediate results and return on investment.

Live Web seminar to highlight BBH successes with SAS(R) Enterprise Guide(R) Wednesday, Dec. 10, 1 to 2 p.m. ET

If you would like to learn more about SAS Enterprise Guide and how BBH has benefited from it, make plans to attend a SAS Web seminar Wednesday, Dec. 10, from 1 to 2 p.m. ET. Ramachandran, BBH's chief portfolio strategist, will discuss the benefits and successes his company has experienced using SAS Enterprise Guide and SAS business intelligence. For more information or to register, go to www.sas.com/events/cm/17750.html, or call toll free, 1-866-887-1339.

About BBH

Established in 1818, Brown Brothers Harriman & Co. (BBH) is a leading bank specializing in investment management for the insurance industry. BBH offers clients a range of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, including investment management, brokerage, custody of securities, banking, corporate finance and trust services. BBH provides investment management for over $37 billion in client assets offering Core U.S. Equity, Taxable and Municipal Fixed Income, and Alternative Investments. By combining entrepreneurial thinking, innovative technology and unmatched client service, BBH consistently ranks among the top asset managers. For more information on BBH's unique integrated approach, please visit www.bbh.com/insurance.

About SAS

SAS is the market leader in providing a new generation of business intelligence software and services that create true enterprise intelligence. SAS solutions are used at more than 40,000 sites - including 90 percent of the Fortune 500 - to develop more profitable relationships with customers and suppliers; to enable better, more accurate and informed decisions; and to drive organizations forward. SAS is the only vendor that completely integrates leading data warehousing See data warehouse.

data warehousing - data warehouse
, analytics and traditional BI applications to create intelligence from massive amounts of data. For more than 25 years, SAS has been giving customers around the world The Power to Know(R). For more information, visit http://www.sas.com.

SAS and all other SAS Institute SAS Institute Inc., headquartered in Cary, North Carolina, USA, has been a major producer of software since it was founded in 1976 by Anthony Barr, James Goodnight, John Sall and Jane Helwig.  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) 2003 SAS Institute Inc. Cary, NC, USA.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 9, 2003
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