Data and AI leader SAS has been named Best RegTech Solution Provider at the 2025 Asia Pacific Insurance Technology Awards. The honour recognises excellence in regulatory and compliance technology, awarded to a provider that has achieved notable business success over the past 24 months and delivered demonstrable customer satisfaction and measurable business benefits to insurers across the region.
The award highlights SAS’ unified approach to regulatory compliance and governance, powered by two core, cloud-based solutions that support insurers across finance, risk, and actuarial domains:
- SAS Model Risk Management – Enables insurers to govern, validate, deploy and monitor models across the enterprise with stronger oversight, auditability, and version control, supported by integrated data management and workflow automation.
- SAS Solution for IFRS 17 – Provides an end-to-end framework for meeting IFRS 17 requirements, including data orchestration, actuarial calculations, CSM measurement, reporting, and comprehensive documentation to support transparency and compliance.
This accolade builds on SAS’ growing momentum in the regulatory and risk technology domain. Following its 2022 acquisition of Kamakura Corporation, SAS has strengthened its leadership across model governance, financial reporting and regulatory analytics. The company continues to earn analyst recognition globally in key areas including model risk management, solvency and capital analytics, and IFRS 17 solutions.
AI-driven innovation transforming regulatory compliance
SAS delivers a unified, analytics-driven framework that helps insurers modernize compliance processes, improve reporting accuracy, and strengthen governance. Built on the SAS® Viya® platform, which is proven to be up to 30 times faster than competing platforms, the solution supports the entire compliance lifecycle, from data ingestion and preparation to model development, risk calculations, reporting, and deployment.
Core RegTech capabilities that set SAS apart include:
- Data management – Provides governed data access, preparation and lineage tracking to ensure accuracy and consistency across actuarial, finance and risk processes.
- Model governance – Consolidates model development, validation, documentation, monitoring and deployment, enabling repeatability, traceability and audit readiness.
- Regulatory reporting – Supports IFRS 17, solvency and other supervisory requirements through automated workflows, scenario testing, standardized outputs and integrated controls.
- Cross-functional collaboration – Cloud-native workflow orchestration connects teams and reduces manual intervention, enabling faster, more transparent compliance cycles.
“This award is a testament to the impact SAS solutions are delivering for insurers across APAC,” said Deepak Ramanathan, Vice President, Global Technology Practice, SAS. “Our RegTech capabilities give insurers the agility, governance, and automation needed to keep pace with regulatory change, while improving operational efficiency and strengthening confidence in every reporting cycle.”
“This recognition reinforces SAS’ commitment to empowering insurers with AI-driven analytics, automation, and cloud-ready capabilities that support smarter, faster, and more transparent compliance,” Ramanathan added.
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