EY Enters into Strategic Alliance Agreement with SAS
EY announces a strategic alliance with SAS to develop and deliver innovative high-performance services across a number of key industry sectors, using SAS' advanced analytics platform. The long-term strategic relationship will include market collaboration, co-innovation, and implementation support and enablement activities. Combining EY's cross-sector experience and the power of the SAS platform, the alliance is expected to accelerate the delivery of disruptive analytics services that can help organizations achieve greater return on their data.
The alliance focuses on combining the data, software and processing capabilities of the SAS platform with EY's consulting and market experience, giving clients a single access point for advanced analytics service offerings, including areas such as:
--Stress testing and capital management
--Financial crime and fraud prevention
--Forensic investigation, fraud detection, surveillance, and litigation/regulatory response
--Tax reporting and information management
--Improvements in core operations, such as insurance claims fraud management.
EY will continue to work closely with SAS' research and development organization to collaborate on the development of new analytics offerings and expand its solution portfolio to address industry-led and globally-relevant client challenges.
Michael Versace, IDC Research director, says, "Co-innovation as a cultural imperative in and of itself is a tremendous asset to have in the market for both EY and SAS. And as the digital enterprise strategies of their clients begin to take hold, the ecosystem of consulting services and technologies that co-innovation generates will create a differentiated value proposition for both organizations."
The alliance focuses on combining the data, software and processing capabilities of the SAS platform with EY's consulting and market experience, giving clients a single access point for advanced analytics service offerings, including areas such as:
--Stress testing and capital management
--Financial crime and fraud prevention
--Forensic investigation, fraud detection, surveillance, and litigation/regulatory response
--Tax reporting and information management
--Improvements in core operations, such as insurance claims fraud management.
EY will continue to work closely with SAS' research and development organization to collaborate on the development of new analytics offerings and expand its solution portfolio to address industry-led and globally-relevant client challenges.
Michael Versace, IDC Research director, says, "Co-innovation as a cultural imperative in and of itself is a tremendous asset to have in the market for both EY and SAS. And as the digital enterprise strategies of their clients begin to take hold, the ecosystem of consulting services and technologies that co-innovation generates will create a differentiated value proposition for both organizations."