Latest SAP News: Finextra Research

APIs and open banking win most airtime at Sibos 2016

Blockchain still high on the agenda according to Finextra’s review of discussions in Geneva, while excitement about AI grows

01 November 2016

/retail

Banks rushing to collaborate with fintech startups

Collaboration with fintech startups is seen as a critical element in bank digital transformation strategies, according to a survey of financial executives conducted by IDC.

16 September 2016

/retail

Banks creating 'islands of innovation'

Just one-in-four European banks have executed a full-scale digital transformation strategy, with many creating disconnected islands of innovation in customer-facing positions, according to research conducted by IDC.

15 June 2016

/wholesale

Bussmann's holiday: UBS tech chief quits

Oliver Bussmann, the global CIO for UBS and the man credited with transforming the bank's IT, has left his role at the Swiss giant.

30 March 2016

/regulation

SAP Financial Services Forum Focus: Ross Wainwright

For the past 15 years at SAP, the Global Head of Financial Services Industries has grown SAP’s Financial Services business. Wainwright's team handles development, sales, professional services, support, partner and other SAP organisations serving more than 12,400 banks and capital market firms and more than 5,000 insurance providers worldwide.

17 June 2015

/regulation

Insufficient data the greatest obstacle to better risk management - bank execs

Despite ever-growing volumes of data, just over half of banks still think that not having enough is the greatest obstacle to better risk management, according to a survey from the Economist Intelligence Unit.

11 December 2014

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Telcos losing mind-share in mobile wallet race

Banks, credit card companies and online payment firms are overtaking mobile operators and telco consortia as the predicted future leaders of the m-commerce revolution, according to research from SAP.

13 March 2013

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Deutsche Bank moves first customers to new core platform

Deutsche Bank has migrated five million savings customers onto Magellan, its new billion euro core banking platform.

11 July 2012

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CBA extends core banking deadline by one year as costs skyrocket

Commonwealth Bank of Australia has extended its core banking tech modernisation programme by a year, and upped spending on the project to $1.1 billion, almost double its original estimates of $580 million.

10 February 2011

/wholesale

SAP agrees $5.8bn Sybase acquisition

SAP has agreed a $5.8 billion cash deal to buy database outfit Sybase in a move the German giant says will help it deliver its technology over mobile phones.

13 May 2010

/retail

Deutsche Bank taps SAP for German core banking overhaul

Deutsche Bank is embarking on a multi-year programme to replace its various IT systems in Germany with a unified core banking platform based on technology from SAP.

27 January 2010

/retail

SAP hires ex-Barclays CIO Trotta

SAP has recruited Don Trotta, a one-time chief information officer of Barclays Bank and Citigroup, as its new global head of financial services.

21 October 2009

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