SAP Banking Solution

In an industry where complexity in core banking systems can result in almost 30 percent to 40 percent overhead on total operating costs, banking executives who embrace transformation can differentiate their bank from the competition.

In today's economy, banks need to control costs, consolidate operations, and manage global operations – all while adapting to new technologies and extending operations to the Internet. SAP for Banking offers a robust environment for managing all aspects of your organization, delivering a range of business benefits. Only the banks that can see clearly think clearly, and act clearly will survive current conditions and emerge in a stronger competitive position than before. SAP applications enabled by service-oriented architecture (SOA) support and enhance key banking processes. Powered by the SAP Net Weaver technology platform, the applications form a robust business process foundation banks can use to reduce costs, increase efficiency, and achieve new levels of differentiation.

SAP Banking Solutions

SAP Core Banking solution is fully integrated with other SAP solutions. One of the most robust banking application with reduced complexity.

SAP Banking/Enterprise Management is part of the SAP Banking solution. This solution helps banks move from traditional, product-based application processing to a new environment. With SEM for banks, customer events drive transactions, and operational and enterprise management information gets to where it needs to be quickly and efficiently. In cooperation with SAP customers and partners, we identified and integrated these mission critical processes into the SAP Banking solution. SAP Banking consists of four components tailored to the central business processes of banks:

Advantages of the SAP Banking Solution

• The integration of financial accounting for access to consistent and comprehensive financial data and to the data of the controlling department at any time
• Higher accuracy and reliability of the data
• Better understanding of customer and product profitability
• Development of strategies to recognize, evaluate and handle market and credit risks in the entire bank
• Extended control and early warning functions for a more accurate and up-to-date assessment of risk return
• A Business Information Warehouse for efficient, inexpensive and fast access to reliable information

Mobile Banking Solution

Mobile banking is the newest channel in electronic banking to provide a convenient way of performing banking transaction using mobile phones or other mobile devices. The potential for mobile banking is far greater than typical desk-top access, as there are several times more mobile phone users than online PC users. Increasingly “mobile life styles” may also fuel the growth of anywhere, anytime applications. We offer a complete range of end to end solutions to take full advantage of your existing core banking solution from simple SMS Banking to rich experience of rich client in mobiles. Extremely Simple Interface of our Mobile Banking solution will lead to much wider acceptance of mobile banking by less gadget savvy population.

Internet Banking Solution for Banks

Now your Bank does not have to spend a fortune on Internet Banking. Our highly secured Internet banking solution is feature-rich, user friendly and affordable.

Business Challenges

• Adopt new business models that make it easier to compete in a dynamic economy
• Make business processes more flexible, responsive, and cost efficient
• Provide innovative products without adding software layers and interfaces
• Analyze existing core banking business processes.
• Automate manual activities.
• Find business processes and application vulnerabilities.
• Comply with industry regulations.
• Measure the effectiveness of projects and processes.

Key Features

• Repository of industry-specific enterprise services – Link transactional banking processes to strategic and operational goals
• Service-enabled applications – Manage deposits, loans, and collateral with elements that are modular, reusable, and scalable
• Service-oriented architecture – Compose, provision, and manage enterprise services and service-enabled applications
• Visual modeling of business processes – Execute processes within and beyond enterprise boundaries

Business Benefits

• Increase adaptability, openness, and cost efficiency by migrating to a business-driven software landscape
• Minimize time and money for extending, improving, and maintaining IT resources
• Improve flexibility and speed of product innovation through standardized services and interfaces
• Navigate today’s complex regulatory environment by aligning system operations and business processes to create stronger business controls
• Transform core banking processes to reduce time-to-market for new banking products and services.
• Achieve greater adaptability, openness and cost efficiency by taking advantage of reusable code with an SOA-enabled banking platform.
• Focus on the customer by enhancing cross-selling and customer retention with a 360-degree view of customers across all channels.
• Increase efficiency, support growth and enhance resiliency by improving system speed and transaction volume handling.

SAP Banking @ VC ERP:

• We integrate SAP ERP (modules FI/CO (AR/AP/AA/AM/GL) as central accounting system with your Core Banking business system.
• We implement Bank analyzer as the receiver system from any Core Banking System. For instance Data are fed from thaler into Bank analyzer and then transferred to SAP ERP.
• We build a BI system allowing you to provide any customized reporting (data mart) and to feed Data Foundation (legal reporting).
• We propose SAP Banking functionalities for Deposit Management, Loans Management, and Collateral Management & Lease Operations.