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Eventus® and SAS

Eventus runs in The SAS System to allow users to combine the statistical and data-handling power of SAS with event study methods. Users don't need to know SAS programming or macros to start being productive. An Eventus program consists of a few simple but customizable statements. Options allow users to tailor data input, estimation and statistical testing. Every Eventus program is also a SAS program and can create SAS data sets containing certain types of results. Eventus does not interfere with users' use of other SAS features.

Licensing Eventus to run on your own computer systems

Currently shipping releases of Eventus and EventStream run under SAS 9.1.3 and SAS 9.2. Basic operation requires only base SAS and SAS/STAT, components of nearly everyone's SAS installation. A few Eventus event study options require SAS/ETS, SAS/GRAPH or SAS/IML typically included in the SAS installations of colleges, universities and other large organizations and financial specialists. SAS is licensed and distributed only by SAS Institute Inc.

Eventus runs within SAS on computers that use the following operating system types: Windows, Linux and 64-bit Solaris. Eventus versions for each operating system type are licensed separately. All require SAS running on the same system; Eventus for your own computer or server doesn't run outside of SAS. We do not support versions of SAS earlier than 9.1.3 for the installation of Eventus.

Licensing Eventus for WRDS

Eventus software is available on the Wharton Research Data Services (WRDS) system. Usage of Eventus through WRDS requires a separate subscription to Eventus for WRDS from Cowan Research LC as well as a subscription to WRDS itself from the University of Pennsylvania Wharton School.

There are three ways to run Eventus for WRDS: through the web interface that WRDS provides for organizations subscribing to Eventus for WRDS, through the Unix shell (signing in to the WRDS Unix server and submitting Eventus programs to SAS from the Unix command line), and by remote submit from PC SAS (where program execution occurs on the WRDS server but the user interacts with SAS for Windows instead of a web browser or a Unix command line). The first two methods don't require SAS on your organization's end at all; they use only SAS on the WRDS server, which is part of the basic WRDS subscription with or without an Eventus subscription. The third method, remote submit, obviously does require SAS on the PC, but doesn't require the Windows version of Eventus, nor does it require a particular version of PC SAS. When using the remote submit method, the remotely submitted Eventus program runs on the WRDS server.

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