SAS and Latitude360 form partnership



The partnership aims to combine Latitude360's experience in Internet-based business system implementation, e-learning, Web-development and content management, with SAS's software technology to apply statistical methods to vast amounts of process data on a large scale across an enterprise or across enterprises.

The solution builds on data warehousing and data analysis technologies to surface business intelligence information to a variety of industries, including automotive, pharmaceutical, financial, banking, insurance and healthcare.

SAS understands the business process questions that organizations face and is committed to providing customers with the best possible technology and solutions to solve them, said Jim Davis, Vice President of Worldwide Marketing for SAS. By combining the power of SAS software with the excellent Internet-based services of Latitude360, our customers can attain business knowledge, faster and with proven implementation strategies and expertise.

The National Association of Securities Dealers (NASD) has already benefited from the partnership through its wholly owned subsidiary NASD Regulation (NASDR). The partnering companies have delivered a solution that enables field examiners to quickly review critical business key performance indicators for regulatory compliance in the securities industry. These indicators are derived from the statistical analysis of vast amounts of time-variant data providing information to field examiners that previously was unavailable through conventional methods of surveillance and examination.

With a new business process in place fuelled by this e-intelligence solution, examiners can assess the performance of member firms and more quickly focus regulatory resources in response to any changes in their operations.

Latitude360's core strength is our ability to satisfy the very specific systems and training needs of our clients by focusing on the needs of end users, said David Yager, President of Latitude360. This partnership with SAS adds powerful analysis software to our offering and further enhances our ability to deliver solutions that leverage knowledge across an enterprise to fuel growth.