Chartis Research has named SAS as the top software company in operational risk management systems for the third consecutive year.

Chartis forecasts that the market for operational risk management systems will grow at an annual rate of 9 percent a year, reaching $1.55 billion by 2011 in the financial services sector alone.

The company has published a study in risk management science. Rankings are based of what it calls “completeness of offering” and “market share potential.”