Banking industry information is exploding! Driven by the combination of low-cost in-memory technology, the explosion of social data, the need for immediate customer insights, and internal operating performance reports; Big Data has become one of the most important technology trends for banks. Analyzing huge amounts of data on the fly to get real-time and trustworthy reports will help make banks more successful.
SAP HANA, based on the SAP in-memory computing technology platform, is the perfect starting point for organizations that need to analyze high volumes of transactional and historical data in real-time. It enables organizations to analyze business operations based on large volume and a variety of detailed data in real-time, as it happens. By running in parallel to SAP Business Suite Applications, SAP HANA allows users to query large volumes of data in real-time without having to wait for scheduled reports to run or traditional data warehouses to be populated with aggregated data.
SAP HANA for banking means better customer service through fast analysis of customer data; real-time finance and risk management processes and any volume of transactional data is available for real-time decision support. SAP HANA helps banks in the areas such as risk management; transactional banking; sales, service and marketing; financial accounting and operational banking.
To help banks to speed up the adoption of SAP HANA, SAP offers Rapid Deployment solutions for banking:
“SAP Bank Analyzer rapid deployment solution for financial reporting with SAP HANA” offers a SAP Bank Analyzer customer real time subledger reporting for “Subleger Balance Sheet” and “Subleger Profit and Loss,” presented with preconfigured SAP Crystal Reports templates with embedded drill-down function. Real time subledger details data can be on the fly analyzed with predefined SAP BO Explorer. This solution offers executives standard financial reporting information at finger tips to support for fast decision making. Furthermore it enables accountant in Fast Close with the capability to prepare reconsolidation data at any time. All in all this solution supports a streamlined reporting process to save time in terms of manual intervention, error reconciliation, variance analysis, and data processing.
”SAP Deposits Management rapid deployment solution for transactional history analysis with SAP HANA” grants banks service employees and investment advisors fast and real-time access to multi-year payment transaction histories for a quick customer insight and a better customer service. An intuitive Dashboard is delivered as predefined template, deriving real time data from SAP Deposits Management application without interruption to the application performance.
Both Rapid Deployment solutions offer banking customers the unique opportunity to quickly adopt SAP HANA technology with predefined Best Practices content, with fixed scope implementation service for a fixed price. And the good thing: the implementation itself only takes 4 to 5 weeks.
For those who are interested in rapid-deployment solutions for banking in general: There are three more rapid-deployment solutions for banking available (without the SAP HANA technology included) and there are even more to come. Availabe are:
By the way – if you are interested in rapid-deployment solutions for HANA–attend SAPPHIRENOW on May 14-16 in Orlando. There will be sessions just for HANA! Check out the agenda builder