Barclays has implemented a solution from SAS, a provider of business analytics software and services, to improve standards in how economic and regulatory capital is calculated and reported.

SAS has helped Barclays address the challenge of calculating capital, in line with revised internal and external methodology, across many of its business units. Barclays currently holds 16 months of detailed asset information on line in the SAS solution.

SAS Credit Risk Management and SAS Business Intelligence formed the core solution that went fully live towards the end of 2007.

SAS has enabled Barclays to calculate capital bottom up, providing better management information across many of its material portfolios. In addition the SAS Business Intelligence suite has enabled better distribution of capital results via the web.

Rob Bishop, head of capital systems development for Barclays Global Retail Bank, said: “SAS enabled us to quickly and efficiently calculate capital consumption on the majority of those asset lines. As well as this calculation process we continue to develop our capital reporting capability.

“Given the volumes of data, the recent introduction of a sophisticated, aggregated reporting mart means we can now offer more advanced analytical capability and trend analysis back to our portfolio management teams.”

Ian Manocha, MD of SAS UK and Ireland, said: “SAS helps Barclays to make important decisions at all levels within the organisation. Our software provides Barclays with an efficient mechanism to conduct activities such as risk-weighted asset analysis, in turn helping the bank to better manage its business strategy.”