Latest SAP News: Finextra Research

Caixa Catalunya signs with Accenture for SAP Basel II system

Spanish savings bank Caixa Catalunya has contracted with technology consultancy Accenture for the implementation of a Basel II application developed by European software firm SAP.

26 September 2005

/Sibos

Banks unhappy with core platforms

Banks worldwide are increasingly unhappy with their core banking platforms, but only around a third are planning systems replacements within the next five years, according to a study conducted by Celent and released by Accenture and SAP at Sibos.

06 September 2005

/retail

JPMorgan signs for mySap ERP platform

JPMorgan Chase is implementing enterprise resource planning software from Sap as part of a long-term plan to improve financial reporting and analysis across the group.

19 May 2005

/retail

Technology investment rated critical to future of banking

Bankers worldwide see investment in IT as critical to maintaining competitive advantage as the industry restructures to meet new business challenges over the next five years.

09 May 2005

/regulation

Nordea selects SAP for Basel II compliance

Nordic financial services group Nordea is installing technology from European software firm SAP to comply with the Basel II Capital Accord regulations.

25 April 2005

/retail

Banks ditch in-house ERP for off-the-shelf software

Banks are increasingly replacing custom-built enterprise resource planning (ERP) applications with standard off-the-shelf products, according to research conducted by the European Business School and sponsored by SAP.

07 December 2004

/retail

Kaupthing Bank moves retail banking ops to SAP

Kaupthing Bank, Iceland's largest bank, is to consolidate and integrate retail banking operations using the SAP for Banking platform.

05 August 2004

/retail

Deutsche Postbank goes live with Sap for Banking

Deutsche Postbank (Postbank) has moved its retail banking processes to the Sap for Banking platform.

31 October 2003

/regulation

Accenture and SAP pour resources into financial services pact

Accenture and SAP have signed an agreement to develop and deliver information technology (IT) and outsourcing solutions for banks and insurance companies worldwide.

25 September 2003

/retail

German banks knock back SAP

Siemens Business Services has received orders worth a total of EUR140 million from 15 banks in Germany and Luxembourg for its established standard Kordoba Classic software, in the process delivering a critical blow to a two-year old pact with SAP to develop new banking software for this market.

03 July 2003

/regulation

Financial services falling behind on Basel II

New research from the Institute of Financial Services, IBM and SAP suggests that the banking industry is failling behind in preparations for the introduction of new regulatory capital rules under Basel II.

16 June 2003

/Sibos

Deutsche Postbank to offer back office outsourcing

Deutsche Postbank is working with SAP to implement a new back office system which will allow it to offer payment processing and administrative services to other banks by the end of the year.

28 May 2003

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