FRANKFURT, Germany, GUETERSLOH,
Germany and WALLDORF, Germany, Oct. 28
/PRNewswire/ -- SAP AG (NYSE: SAP) and the Banking
Industry Architecture Network (BIAN), in cooperation with the BIAN
Analytics working group, today announced the publication of two
white papers on profitability valuation. The results highlighted
represent a true opportunity for banks to accelerate the
replacement of inflexible analytical systems with solutions based
on a more flexible service-oriented architecture- (SOA) based
analytic environment. This first set of deliverables from the group
has resulted from collaboration with three key contributors to the
working group: SAP, syskoplan AG and zeb/.
(Logo:
http://photos.prnewswire.com/prnh/20050310/SFTH009LOGO-a)
(Logo:
http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a)
The BIAN Analytics working group is focused on the analytical
systems of banks, which are often characterized by a large number
of interfaces from operational systems. By employing an SOA-based
analytical environment, banks can reduce the integration costs of
their systems and enable software vendors to develop the required
products more quickly, flexibly and with less effort.
"Sharing the same vision of evolving an SOA industry standard
for the banking industry and its execution, that's BIAN," says
Martin Schroter, vice president,
chief product owner, SAP for Banking, SAP. "Making the vision a
reality is SAP's business: the more results are created jointly
with other BIAN members, the more value our co-innovation brings to
our customers through solutions that are best-in-class and easy to
integrate."
BIAN aims to simplify implementation of SOA and to strengthen
interoperability of software modules between individual software
modules. Existing standard technologies and specifications will be
used to create a comprehensive framework for specialized
semantically defined services for the banking industry. This
framework will in turn directly influence software solutions.
"The BIAN membership provides a typical win-win situation for
both sides: zeb/ as the originator of the market-transfer-rate
approach contributes with the expertise and experience obtained in
numerous projects dealing with profitability analysis," said
Herbert Rohlfing, senior manager,
zeb/. "zeb/ benefits from the opportunity to influence the
development of standard SOA for the analytical systems of financial
institutions. The results of the BIAN workgroup based on SOA
principles will undergo a continuous evaluation with regard to
zeb//control and will be incorporated into the zeb//control product
design. Based on the SOA architecture, zeb//control enables fast
integration into existing IT architectures."
Following SOA principles, the BIAN Analytics working group
defined the two service operations: Funds Transfer Pricing and Cost
Allocations. Both service operations are relevant for the entire
lifecycle of a contract, from planning and origination to reporting
and event handling — e.g., rollover or unscheduled payments.
Typical use cases for profitability analysis services are
profitability planning processes, pre-costing and post processing
at month's (period) end.
"BIAN is an important pillar in the syskoplan SOA strategy,"
said Dirk Kruse, partner, syskoplan
AG. "The network allows us to contribute to industry standards and,
at the same time, bring together our service offering in the areas
of analytics and SOA for banks. Especially in the area of
profitability as a very important topic in the actual market,
syskoplan AG is offering state-of-the art solutions that help our
customers to respond to changes in this business area in a very
flexible and agile way."
The BIAN working groups distinguish among three specification
levels for developing complex functions. The BIAN Analytics working
group is responsible for all qualitative and quantitative functions
supporting financial accounting and profitability, risk
controlling, asset liability management and strategic planning, as
well as various internal and external supervisory and steering
processes. The working group has already specified the sub-domains
on level one and two and identified within the BIAN Service
Landscape. These have been approved by the BIAN architecture
committee.
About Syskoplan
"Passion for IT": This has been the driving force behind
syskoplan for the past 25 years. The companies in the syskoplan
Group develop and implement innovative IT solutions based on
adaptable and agile IT platforms and extended with
customer-specific components. The benefits for the customers of the
syskoplan Group are numerous: They receive high-performance,
flexible and efficient IT. These solutions, tailored specifically
to the needs of the customer, enable them to stand out in the
market, thereby creating sustainable competitive advantages.
As a network of specialized companies, the syskoplan Group
combines the performance of a large corporation with the agility
and flexibility of small units. Common values are at the core of
all business behavior in the syskoplan Group. These values are the
foundation of the successful work we do for our customers.
Approximately 420 employees generated a sales revenue of
55.0 million Euros in fiscal year
2009. At the center of the Group is syskoplan AG, founded in 1983
and listed on the Frankfurt stock
exchange since November 2000.
The integration of the syskoplan Group into the international
network of their main shareholder Reply S.p.A. ensures access to
the know-how of approximately 3,000 IT experts. Reply focuses on
developing and implementing solutions based on new communication
channels and digital media. www.syskoplan.com
About zeb/
zeb/rolfes.schierenbeck.associates is a management and IT
consultancy specializing in the financial services sector with
twelve offices in Germany,
Austria, Switzerland, Poland, the Czech
Republic, Ukraine and
Hungary. With more than 670
employees and several subsidiaries, zeb/ is among the leading
consulting firms for banks, insurance companies and other financial
service providers. www.zeb.de/
About BIAN
Established in 2008, The Banking Industry Architecture Network
(BIAN) is an independent, member-owned, not-for-profit association
to establish and promote a common architectural framework for
banking interoperability issues. BIAN's goal is to define
service-oriented architecture (SOA) and semantic definitions for IT
services in the banking industry. The community focuses on creating
a standard semantic banking services landscape while ensuring
consistent service definitions, levels of detail and boundaries.
This will help banks to achieve a reduction of integration costs
and utilize the advantages of a service-oriented architecture.
Financial institutions, software vendors and system integrators,
along with technology partners, are invited to join the association
and play a collaborative role with other industry leaders in
defining, building and implementing next-generation banking
platforms.
BIAN Members: Axon, Callatay & Wouters, Capital Banking
Solutions, CGI, Credit Suisse, Deutsche Bank, Deutsche Postbank,
FERNBACH, ifb group, IKOR, ING, innobis AG, Microsoft, SAP AG,
SunGard, Standard Bank of South
Africa, Steria Mummert, SWIFT, syskoplan, Temenos, UniCredit
Group, zeb/, Zurcher Kantonalbank.
To learn more about BIAN, please visit www.bian.org.
About SAP
SAP is the world's leading provider of business software(*),
offering applications and services that enable companies of all
sizes and in more than 25 industries to become best-run businesses.
With more than 105,000 customers in over 120 countries, the company
is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the
symbol "SAP." For more information, visit www.sap.com.
(*) SAP defines business software as comprising enterprise
resource planning, business intelligence, and related
applications.
Any statements contained in this document that are not
historical facts are forward-looking statements as defined in the
U.S. Private Securities Litigation Reform Act of 1995. Words such
as "anticipate," "believe," "estimate," "expect," "forecast,"
"intend," "may," "plan," "project," "predict," "should" and "will"
and similar expressions as they relate to SAP are intended to
identify such forward-looking statements. SAP undertakes no
obligation to publicly update or revise any forward-looking
statements. All forward-looking statements are subject to various
risks and uncertainties that could cause actual results to differ
materially from expectations. The factors that could affect SAP's
future financial results are discussed more fully in SAP's filings
with the U.S. Securities and Exchange Commission ("SEC"), including
SAP's most recent Annual Report on Form 20-F filed with the SEC.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of their dates.
Copyright © 2010 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other
SAP products and services mentioned herein as well as their
respective logos are trademarks or registered trademarks of SAP AG
in Germany and in several other
countries all over the world. All other product and service names
mentioned are the trademarks of their respective companies. Data
contained in this document serve informational purposes only.
National product specifications may vary.
Follow SAP on Twitter at @sapnews.
For customers interested in
learning more about SAP products:
|
|
Global Customer Center: +49 180
534-34-24
|
|
United States Only: 1 (800)
872-1SAP (1-800-872-1727)
|
|
|
|
For more information, press
only:
|
|
Soenke Moosmann, +49 (0)6227
7-40529, soenke.moosmann@sap.com
|
|
SAP Press Office, +49 (6227)
7-46315, CET; +1 (610) 661-3200, EST; press@sap.com
|
|
Beate Berez, syskoplan AG, 49
5241 5009 1137, beate.berez@syskoplan.de
|
|
Anika Lier,
zeb/rolfes.schierenbeck.associates gmbh, +4925197128-113,
alier@zeb.de
|
|
|
SOURCE SAP AG
Copyright . 28 PR Newswire