Basel-II News

Dah Sing Group Partners with SAS to Implement Basel II

(June 18, 2007)-- SAS, specialist business intelligence, announced that it has been selected by Dah Sing Group (Dah Sing) as a strategic partner to implement the Internal Ratings-based (IRB) approach according to the guidelines of the Banking (Capital) Rules issued by the Hong Kong Monetary Authority (HKMA). Under
the agreement, Dah Sing Bank has engaged SAS to build an enterprise-wide credit risk management data warehouse (RDW) and to implement a credit risk management solution, to consolidate all its credit risk related information and serve as a credit risk measurement foundation for the bank.

Benefiting from SAS advanced credit risk analytics, Dah Sing can enhance its credit risk measurement capability to capture, measure and report on the specific risks of its retail banking customers, perform
credit risk analytics by calculating the probability of default, exposure at default and loss given default.
Beyond Compliance: 360 Degree View of Credit Risk Dah Sing will rely on the SAS Data Warehousing solution to manage complex data integration processes, ensuring data integrity. The solution together with the SAS Credit Risk Management solution will provide Dah Sing with a single view of the credit status, behavioural pattern and risk level of its customer.

"We view implementation of Basel II as another step in our ongoing efforts to strengthen our risk management capabilities," said Derek Wong, the managing director and the chief executive of Dah Sing Bank. "Though financial institutions are adopting credit risk management systems in response to the HKMA's regulations and industry standards, SAS helps our customers to go beyond compliance and manage risk strategically
through risk-based performance management," said Alex Wong, president of SAS Greater China.

SAS Proven Track Record and Excellent Consulting Service "SAS has the expertise and experience of implementation of Basel II locally," said Derek Wong. "We find SAS consultants very professional; they
really know and understand business intelligence, understand our concerns, and respond quickly when we need them."

Advanced Credit Risk Measurement Practice with Multiple Payback The SAS solution which Dah Sing will adopt provides further insights into the potential risk of loans and a more accurate calculation of the
risk-weighted assets for achieving the minimum capital adequacy ratio and meeting the regulatory requirements -- key requirements of Basel II.

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