SAP NEWSBYTE - June 18, 2012 - SAP AG (NYSE: SAP) today
announced new rapid-deployment
solutions for banks that simplify and accelerate the
implementation of technology and banking practices. SAP
Rapid Deployment solutions address a need for banks to be
flexible in competitive markets following the financial
crisis. They guide the roll-out of new financial services
within a fixed scope of time at a low fixed cost,
mitigating financial risk and uncertainty. Banks previously
trapped by their legacy systems can now create a new
foundation of business processes. The announcement was made
at the International
SAP Conference for Banking 2012, being held in London
from June 18-20.
"Rapid-deployment solutions represent a new pinnacle
for revitalizing banking systems," said Falk Rieker,
global head, Banking Industry Business Unit, SAP.
"They combine our business process knowledge with best
practices we have honed in the banking industry. Customers
can better navigate the transformation process and
implement our solutions in a highly efficient manner."
SAP Rapid Deployment solutions are ready-to-use
combinations of best-in-class software, pre-configured
content and predefined services that have been specifically
tailored to industries, all at a fixed price with fixed
implementation time. They offer a quick, cost-effective
method for standardizing processes and adopting the latest
innovations in mobility and in-memory analytics with fewer
migration risks. The average timeframe for a typical
deployment is less than 90 days, eliminating 40 percent of
implementation expenses on average. The solutions also
provide an accessible gateway for businesses needing to
fast-track high-end innovations such as the
SAP HANA platform and mobile solutions.
SAP currently offers the following banking-specific
rapid-deployment solutions:
In addition to these banking-specific services, the full
range of SAP Rapid Deployment solutions for enterprise
resource planning (ERP), customer relationship management
(CRM) and analytics are available to banks for expanding
core capabilities.
For more information, visit the SAP Newsroom and the SAP
blog Banking
View. Follow SAP on Twitter at @sapnews and @SAPforBanking.
Media Contacts:
Birgit Krauter, SAP, +49 (6227) 7-61664, birgit.krauter@sap.com,
CET
Atle Erlingsson, SAP, +1 (415) 858-8149, atle.erlingsson@sap.com,
PDT
Anthony Suarez, Burson-Marsteller, +1 (212) 614-4331, anthony.suarez@bm.com,
EDT