Core banking transformation from IBM and SAP

Move from complex to agile banking systems
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. But isn’t transforming core banking operations more complex and difficult than simply dealing with the systems already in place? In a word, no. For many banks it is not a question of whether they should transform, but when and how.

Transform core banking operations
IBM and SAP work together to deliver a comprehensive, flexible and proven core banking solution that enables you to efficiently meet customer demand and adapt to rapid business changes—all while delivering flawless, seamless service. IBM and SAP provide a solution that can give you the foundation needed for trusted information so it can be shared, reused, applied and managed as a strategic asset. It can also help de-layer your architecture, with more components that can easily accommodate new business requirements. SAP delivers the SAP for Banking solution portfolio based on elements that are modular, reusable and scalable.

Adapt to rapid business change
Core systems transformation can help you cut costs today while investing in the future. Banks who optimize or transform core operations can improve efficiency, enhance their ability to grow, mitigate risk and become more resilient. Together, IBM and SAP can help you:

• 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.
• Lower risk by engaging two leaders with proven industry expertise and delivery excellence.

Two vendors with a single team strategy
IBM and SAP have joined our full capabilities and solutions around our proven best practices and customer successes. Our joint solutions can help improve your institution’s flexibility while reducing complexity. In fact, an independent study of joint IBM and SAP deployments confirmed higher customer satisfaction among executives and technical staff, in addition to lower overall expense.¹

Together, IBM and SAP can help clients:

• 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.

We deliver:

• Core banking applications in packages that are flexible to adapt to specific needs.
• End-to-end consulting, from analyzing existing systems, transforming to the desired state, to ongoing support.
• Scalable, integrated architecture built on best practices and open standards for greater adaptability and cost efficiency.
• Industry-leading skills, best practices and proven methodologies that can help assure project success.

¹Solitaire Interglobal Ltd, 2009