Rapid Data Growth and Stress Testing Are Still Problems, Survey Shows
Rapid data growth data is a significant risk management challenge, while more than eight in 10 are uneasy about stress testing, according to a new Sybase survey. Derek Klobucher in Analytics, Banking, Business Solutions, Financial Excellence, Governance, Risk and Compliance [Jan. 29, 2012 01:11 AM | 0 Comments | Permalink]

First Availability of SAP Support for CGI Credit Transfer Initiation
SAP releases first support for ISO 20022 Common Global Implementation Initiative template for Credit Transfer Initiation Mark Crawford in Banking, Standards [Jan. 23, 2012 02:03 PM | 0 Comments | Permalink]

Risk Can Be a Good Thing
Risk is neither inherently good nor inherently bad. Quant, risk manager and professional poker player Aaron Brown balances risk with danger and opportunity. Derek Klobucher in Banking, Enterprise Performance Management, Financial Excellence, Governance, Risk and Compliance [Jan. 23, 2012 09:17 AM | 6 Comments | Permalink]

An Industry Win Over Liquidity Buffers
The financial services industry won a Basel III victory last weekend when authorities agreed to let lenders dip into liquidity buffers during times of crisis. Derek Klobucher in Analytics, Banking, Financial Excellence, Governance, Risk and Compliance, International Financial Reporting Standard (IFRS) [Jan. 19, 2012 04:17 PM | 0 Comments | Permalink]

Truth and Unintended Consequences
At a time of financial crisis, scandal and innovation, critics call for regulations with sharper teeth. But it’s tough to foresee how those teeth will cut. Derek Klobucher in Analytics, Banking, Event Processing (Operational BI) [Dec. 28, 2011 05:31 AM | 2 Comments | Permalink]

Demystifying Financial Consolidation Part VII (Final Part)
This is the last part in the series covering different methods of consolidation with examples. In this part we will cover equity method and one scenario based on it. Archit Agrawal in Banking, Business Process Expert, Business Process Management, Enterprise Performance Management, Financial Excellence [Nov. 27, 2011 05:34 AM | 0 Comments | Permalink]

Demystifying Financial Consolidation Part V
In the last blog, we have already discussed the theoretical concepts related to purchase method. In this blog, we will see one scenario which will make concepts clear. Archit Agrawal in Banking, Business Process Expert, Business Process Management, Enterprise Performance Management, Financial Excellence [Sep. 27, 2011 05:50 PM | 4 Comments | Permalink]

Demystifying Financial Consolidation Part IV
In this blog we will be covering acquisition method, it was termed as purchase method in IFRS3 2004 there are some dissimilarities in both the methods ( purchase & acquisition) but essentially for the blog post we can consider them same. Archit Agrawal in Banking, Business Process Expert, Business Process Management, Enterprise Performance Management, International Financial Reporting Standard (IFRS) [Sep. 26, 2011 09:50 AM | 0 Comments | Permalink]

The Crucial Role of Solution Architects in Banking Project
Banking projects are welll known for their complexity. A typical solution for a bank usualy includes multiple systems, technologies, standards and processes and it is clear that in such an almost chaotic environment there is a need for a very centric role: The Solution Architect. In this blog I compare the Solution Architect in a banking project to the classical Architect in the civil engineering environment in order to learn from that field and use the experience in oour IT world. Avi Malamud in Banking, Business Process Expert, CRM, Enterprise Architecture, Service-Oriented Architecture [Sep. 20, 2011 07:25 AM | 2 Comments | Permalink]

SAP ISO 20022 Common Global Implementation
SAP joins ISO 20022 CGI group creating standard templates for Corporate to Bank transactions Mark Crawford in Banking, Standards [Sep. 19, 2011 01:28 PM | 0 Comments | Permalink]

In Data We Trust
With the recent surges in viruses, ATM scams, data breaches and cases of identity theft, paired with the looming possibility of yet another recession, it is no wonder the public has lost confidence in financial institutions. As a financial services provider, how do you re-instill the confidence of existing and potential customers? What will encourage them to put their trust back into your brand and products? SAPFinServ in Banking, Data Integration and Quality Management, Enterprise Data Warehousing/Business Warehouse [Sep. 15, 2011 06:29 AM | 0 Comments | Permalink]

Demystifying Financial Consolidation Part III
In this blog, we will cover various scenarios in which we calculate Non Controlling Interest. Non Controlling Interest (Minority Interest) is calculated when acquirer doesn’t acquire 100 percent stake in the company but more than 50 percent stake. This concept will be relevant in BPC or BoFC implementations. Archit Agrawal in Banking, Business Process Expert, Enterprise Performance Management, Financial Excellence, International Financial Reporting Standard (IFRS) [Sep. 12, 2011 11:28 AM | 2 Comments | Permalink]

Social media in insurance – how to interact better with your customers.
It's impossible to ignore the phenomena of social media. However, the extent to which insurers are adapting to and embracing social media with their customers varies enormously, despite the opportunites presented. Paul Garrity in Banking, CRM, Emerging Technologies, Insurance, Social Media and Social Networks [Sep. 05, 2011 11:44 PM | 0 Comments | Permalink]

RDS - The new paradigm in SAP implementations
This blog talks about the SAP's "Rapid Deployment Solutions" which is a new paradigm in SAP consulting and implementation for both the customers and partners alike, which is a win-win for Customers, SAP and Partners. Neeraj Sripuram in Banking, Business Solutions, ERP, Financial Excellence, Human Capital Management [Sep. 04, 2011 02:10 AM | 10 Comments | Permalink]

Demystifying Financial Consolidation Part II
In this blog, we will cover book value, fair value of Assets and Liabilities and subsequently we will go through goodwill creation scenarios where it gets created and some scenarios where it doesn’t. Archit Agrawal in Banking, Business Process Expert, Enterprise Performance Management, Financial Excellence, International Financial Reporting Standard (IFRS) [Sep. 01, 2011 08:14 AM | 4 Comments | Permalink]

Now you can create your own RSS wiki feed!
With our new RSS labeling wiki feature you can create your own RSS feed. This will allow you to post the link wherever you choose and let people follow your wiki content. Once they install the feed, they will be notified when your content is created, updated and commented upon (by you or others). Moshe Naveh in ABAP, Banking, Business Intelligence (BusinessObjects), CRM, SAP Developer Network [Aug. 31, 2011 04:23 AM | 2 Comments | Permalink]

Demystifying Financial Consolidation Part I
In this blog series, we will be covering concepts related to financial statements consolidation. As the topic is bit complex for people from non-finance background, I will start from the basics covering each and every term, what it means, and relevant context and so on. In this series I won’t be covering how these things are implemented in BOFC or BPC but the functional knowledge required to implement it. Archit Agrawal in Banking, Business Process Expert, Enterprise Performance Management, Financial Excellence, International Financial Reporting Standard (IFRS) [Aug. 24, 2011 10:58 AM | 0 Comments | Permalink]

Optimization Support for Real-Time Price Negotiation
Help for Real-Time Price Negotiations Most business executives understand that pricing is a powerful lever that can be used to close deals and drive profitability. Unfortunately, however, knowing the importance of price optimization doesn’t make implementing best-in-class price management capabilities any easier. What banking, retail, and utility pricing mangers need is a better way to support local pricing decisions. They need advanced analytic tools can address the complexities of modeling multiple rates, fee structures, and customer scenarios, allowing them to identify and adjust the pricing parameters that will close more deals. Sricharan Poundarikapuram in Analytics, Banking, Business Intelligence (BusinessObjects), Retail, Utilities Industry [Aug. 10, 2011 03:39 AM | 0 Comments | Permalink]

The Evolution of Analytical Customer Relationship Management
Analytical CRM has the potential to create unique competitive advantages and drive revenues for banks. Analytical CRM allows banks to leverage the value of transactional data to create deep customer insights. Learn how banks can utilize the full spectrum of the analytical CRM maturity scale – transaction-based segmentation, retention, cross-sell and up-sell, customer lifetime value, and campaign portfolio optimization – to generate the highest returns on marketing investments. Read the full article to see how Performance Insight and Optimization Services from SAP can help banks increase customer retention, campaign effectiveness, and profitability. Gerhard Held in Analytics, Banking, CRM, Insurance, Retail [Aug. 07, 2011 02:41 AM | 0 Comments | Permalink]

Announcement: Software Logistics Toolset 1.0 SPS 02 now available!
This blog introduce you into the scope of Software Logistics Toolset 1.0 which is a new delivery channel for software logistics tools (such as SAPehpi, SAP(J)up,...). Furthermore it provides you with an outlook to planned shipments. Kathrin Winkmann in Banking, Composition Environment (CE), SAP Process Integration (PI), Software Support and Maintenance [Aug. 05, 2011 04:58 AM | 2 Comments | Permalink]

Validations, integration, and monitoring can reduce mortgage fraud risk
Justice Department sues Deutsche Bank for mortgage fraud. Find out how basic validations, data integration, and monitoring have helped reduce risk to both the compliance and to Deutsche Bank's acquisition. Ina Felsheim in Banking, Business Intelligence (BusinessObjects), Business Process Management, Data Integration and Quality Management [Jul. 06, 2011 11:48 AM | 0 Comments | Permalink]

How do you combine regulatory compliance and training needs in a financial institution?
I heard Frederick Stroebel from Sanlam Personal Finance in South Africa speak at the recent International SAP Conference for Financial Services and thought others would be interested in how Sanlam deal well with regulatory compliance whilst also training. John Kleeman in Banking, Governance, Risk and Compliance, Human Capital Management, Insurance, SAP Education [May. 04, 2011 08:28 AM | 0 Comments | Permalink]

E-Payment: A Customized Solution other than SAP Integration Package SWIFT – Part -3 – Receive From bank, Push to SAP BCM
This is continuation of web log series E-Payment a customized solution using SAP PI. Aashish Sinha in Banking, Emerging Technologies, ERP, SAP NetWeaver Platform, SAP Process Integration (PI) [Mar. 09, 2011 07:49 AM | 0 Comments | Permalink]

E-Payment: A Customized Solution other than SAP Integration Package SWIFT – Part -2 – Merge, Encrypt and Send to Bank
Continuation of the weblog http://www.sdn.sap.com/irj/scn/weblogs?blog=/pub/wlg/23616. This weblog contains the merging of payment files and push merged encrypted files to Bank network. Aashish Sinha in Banking, Business Process Management, Emerging Technologies, SAP NetWeaver Platform, SAP Process Integration (PI) [Mar. 01, 2011 02:49 AM | 0 Comments | Permalink]

E-Payment: A Customized Solution other than SAP Integration Package SWIFT – Part -1
Customized solution for pushing payment information from Customer to bank and Vice-Versa. In FSCM, E-Payment is used for this purpose with SAP Integration Package SWIFT for posting payment files responses to SAP BCM. Aashish Sinha in Banking, Business Solutions, Emerging Technologies, SAP NetWeaver Platform, SAP Process Integration (PI) [Feb. 24, 2011 02:25 AM | 0 Comments | Permalink]

Creating payments in SAP Treasury based on proprietary formats using PI
A typical implementation of SAP Treasury implies that payments that used to be processed de-centrally are now managed in the In-House Bank. To minimize the impact for the local units and thus gain acceptance, the Treasury department may decide to support the formats that these business units used to generate with their local applications. In this blog I would like to share my experiences mapping different payment formats using SAP PI. R. Claassen in Banking, SAP Process Integration (PI) [Jan. 31, 2011 03:40 AM | 0 Comments | Permalink]

Compelling 2010 innovations to benefit SAP customers in 2011 and beyond
As we get to close of 2010 and looking forward to 2011, here are some innovations at SAP that would be very appealing to our customers in 2011 and beyond in Enterprise Performance Management Muthu Ranganathan in Analytics, Banking, Enterprise Performance Management, Human Capital Management, Procurement and SRM [Dec. 29, 2010 03:46 AM | 6 Comments | Permalink]

The Banking Industry Architecture Network (BIAN): Update on the Service Landscape
The BIAN standards organization, is updating its Service Landscape. David Frankel in Banking, Business Process Expert, Interoperability, Standards [Dec. 20, 2010 05:15 PM | 0 Comments | Permalink]

BI for Banking: Enterprise Risk Reporting
My thoughts on how BI can help banking institutions with enterprise risk reporting and analysis. Dan Everett in Analytics, Banking, Enterprise Data Warehousing/Business Warehouse, Business Intelligence (BusinessObjects), Governance, Risk and Compliance [Dec. 03, 2010 01:40 PM | 2 Comments | Permalink]

Trend Analysis, Comparing Two Metrics with Web Intelligence
This blog looks at how to use trend analysis to compare two time based measures using Web Intelligence by normalising the data to use same start value of 100. Al gulland in Banking, Enterprise Data Warehousing/Business Warehouse, Business Intelligence (BusinessObjects), SAP BusinessObjects Web Intelligence [Dec. 02, 2010 11:21 AM | 3 Comments | Permalink]

SAP Treasury Overview Part 2 - Financial Risk Management
In this series of blogs on overview of SAP Treasury, I touch upon financial risk management capabalities of SAP ERP to gain a better insight into SAP TRM. Ravishankar Ramamurthy in Banking, Business Process Expert, ERP, Financial Excellence [Dec. 02, 2010 06:36 AM | 1 Comments | Permalink]

An Overview of SAP Treasury
Continuing from my previous blog on SAP FSCM and SAP Treasury difference, in this blog an overview of SAP treasury is given for leveraging more of SAP in this space Ravishankar Ramamurthy in Banking, Business Solutions, ERP, Financial Excellence [Nov. 25, 2010 10:06 AM | 9 Comments | Permalink]

Connecting SAP Treasury to external dealing platform FXAll using PI
In this blog I would like to share my experiences implementing an interface between SAP Treasury and the external dealing platform of FXAll using SAP PI. R. Claassen in Banking, ERP, SAP Process Integration (PI) [Nov. 24, 2010 12:04 AM | 1 Comments | Permalink]

SAP Interfaces for Electronic Banking Payments and Statements
Overview of the design and implementation of banking interfaces between SAP and commercial banks for the electronic transmission of payments and statements. Patrick Rayes in ABAP, Banking, ERP, SAP NetWeaver Platform, SAP Process Integration (PI) [Aug. 12, 2010 11:26 AM | 2 Comments | Permalink]

Mobility on the go
this is about Mobile technology and its integration with SAP to provide entire gamut of opportunities.... Sohil Mehta in Aerospace and Defense, ERP, Enterprise Social Systems, Service-Oriented Architecture, Emerging Technologies, Eclipse, CRM, Consumer Products, Code Exchange, Co-Innovation Lab, Business Intelligence (BusinessObjects), Enterprise Data Warehousing/Business Warehouse, Banking, Automotive, Application Server, SAP Interactive Forms by Adobe [May. 04, 2010 08:24 AM | 2 Comments | Permalink]

Top Ten ePM trends for Next Decade - #3
Wow, truly how SAP is thinking on the direction for ePM, Industry Analytics was identified the core direction by SAP, my next blog in the blog series for ePM trends…. Muthu Ranganathan in Analytics, Banking, Business Intelligence (BusinessObjects), Business Process Expert, Enterprise Performance Management, Healthcare, Public Sector [Apr. 27, 2010 10:04 AM | 0 Comments | Permalink]

Time to take SDN Collaboration to NEXT Level?
So how do you rate collaboration on SDN in the present form? On the scale of 1-5, I personally would not rate it more than 3. It is a huge community and still growing and I am proud to be part of it. But.... Agrawal Vikash in Manufacturing, Ranting, Retail, RFID, Ruby, Run SAP, SAP Business One, SAP Business Suite, SAP Business Workflow, SAP BusinessObjects BI OnDemand, SAP Developer Network, SAP EcoHub, SAP Education, Python, Public Sector, Professional Services, Master Data Management (MDM), Mill Products and Mining, Mobile, Oil and Gas, Open Source, Organizational Change Management, Partnership, Perl, PHP, Postalsoft, Procurement and SRM, Product Lifecycle Management, SAP Interactive Forms by Adobe, SAP MaxDB and liveCache, Standards, Sustainability, Travel and Logistics Services, Universal Worklist, University Alliances Message Board, Utilities Industry, Virtual Worlds and 3D Web, Visual Composer, Web Dynpro, SAP BusinessObjects Web Intelligence, Webinars, Wholesale Distribution, Software Support and Maintenance, Shared Services Center (AIC, EIC), Service-Oriented Architecture, SAP NetWeaver Platform, SAP Network TV, SAP Process Integration (PI), SAP Research, SAP SAPPHIRE [Apr. 26, 2010 09:55 AM | 16 Comments | Permalink]

Data Extraction of BI datasource from ECC into flat files using Debug mode.
In real time Scenario we need data from the ECC system directly in the Excel Format. Due to huge data the system utilize more memory space and in turn will take a lot of time to execute the data and finally after few hours the system goes to short dump. In such cases, we can easily achieve this by using the Debug mode and export the data into the flat file. Santhosh Nagaraj in ABAP, Business Solutions, Business Process Modeling, Beyond SAP, Application Server, Financial Excellence, Banking, ERP, Enterprise Data Warehousing/Business Warehouse, International Financial Reporting Standard (IFRS) [Apr. 12, 2010 01:23 PM | 3 Comments | Permalink]

Boost Sales with Social Networking
Social Networking gets more important especially in tough economic times. This Blog outlines how Sales Professionals can benefit from Social Networks and how it can be integrated into an SAP CRM System. Mirjam Wittmann in Insurance, CRM, Banking [Mar. 30, 2010 06:29 AM | 5 Comments | Permalink]

SAP Support for Brazilian e-Invoicing - Nota Fiscal Electronica (NF-e)
This article describes the new Brazilian e-Invoicing requirements and announces an SAP/Crossgate solution for supporting the Nota Fiscal Electronica. Kevin Benedict in Aerospace and Defense, Oil and Gas, Procurement and SRM, Professional Services, Retail, SAP Business Workflow, SAP Developer Network, SAP EcoHub, SAP NetWeaver Platform, SAP Process Integration (PI), Service-Oriented Architecture, Shared Services Center (AIC, EIC), Standards, Travel and Logistics Services, Mill Products and Mining, Manufacturing, Life Sciences, Automotive, Banking, Business Process Expert, Business Solutions, SAP Business Suite, Chemicals, Consumer Products, CRM, Defense, ERP, Healthcare, Industrial Machinery and Components, Insurance, Wholesale Distribution [Mar. 12, 2010 07:54 AM | 0 Comments | Permalink]

Putting Together The Pieces Of Our Bank Remittance Integration Approach
Integration thinking in action in our series on a bank remittance interface: now that we have our catalog of integration objects we can put them together to see how they fit to form a generic process to handle all of our current and future payment interfaces. Emmanuel Hadzipetros in Integration and Certification, ERP, Beyond SAP, Beginner, Banking, ABAP [Mar. 01, 2010 09:36 AM | 0 Comments | Permalink]

SAP® Information Interchange - SAP's New EDI Solution
This article explores the new SAP Information Interchange hub, announced last week, for supporting EDI and B2B requirements. Kevin Benedict in Aerospace and Defense, Oil and Gas, Procurement and SRM, Professional Services, Retail, SAP Developer Network, SAP EcoHub, SAP NetWeaver Platform, SAP Process Integration (PI), Service-Oriented Architecture, Shared Services Center (AIC, EIC), Standards, Travel and Logistics Services, Mill Products and Mining, Master Data Management (MDM), Manufacturing, Automotive, Banking, Business Process Expert, Business Solutions, SAP Business Suite, Chemicals, Consumer Products, ERP, Healthcare, Industrial Machinery and Components, Insurance, Life Sciences, Wholesale Distribution [Mar. 01, 2010 07:54 AM | 9 Comments | Permalink]

Open your BI windows to the outside world for a 360 degree view of your market
Social Network Data collection for BI Hari Guleria in Aerospace and Defense, SAP BusinessObjects BI OnDemand, Retail, Improving My Experience, Enterprise Portal (EP), Emerging Technologies, Defense, SAP Crystal Reports, CRM, Business Intelligence (BusinessObjects), Enterprise Data Warehousing/Business Warehouse, BI Accelerator, Beyond SAP, Banking, Automotive, Analytics, Alloy, SAP BusinessObjects Web Intelligence [Feb. 28, 2010 05:02 AM | 0 Comments | Permalink]

SAP Makes Decisive Move in EDI
SAP makes big move in the EDI/B2B space by announcing the SAP Information Interchange solution and enhanced relationship with Crossgate. Kevin Benedict in Aerospace and Defense, Procurement and SRM, Public Sector, Retail, SAP Business One, SAP Developer Network, SAP EcoHub, SAP NetWeaver Platform, SAP Process Integration (PI), SAP Solution Manager, Shared Services Center (AIC, EIC), Standards, Travel and Logistics Services, Utilities Industry, Oil and Gas, Mill Products and Mining, Manufacturing, Automotive, Banking, Business Process Expert, Business Solutions, SAP Business Suite, Chemicals, Consumer Products, ERP, Healthcare, Industrial Machinery and Components, Insurance, Integration and Certification, Life Sciences, Wholesale Distribution [Feb. 23, 2010 07:01 PM | 6 Comments | Permalink]

An Important Advance in Corporate-Bank Connectivity
New Common Global Implementation of ISO 20022 simplifies communication for banks' corporate customers. David Frankel in Banking, Business Process Expert, SAP Business Suite, ERP, Financial Excellence, Interoperability, Standards [Feb. 17, 2010 01:53 PM | 0 Comments | Permalink]

New key figure catalog for Business Process Monitoring available
This blogs gives a high-level overview about all the new features for Business Process Monitoring that will be available end of April 2010. The blog also points out where to find the latest catalog for all available out-of-the-box key figures and their respective selection criteria. Volker von Gloeden in Application Lifecycle Management, Run SAP, SAP Business Workflow, Software Support and Maintenance, SAP NetWeaver Platform, SAP Process Integration (PI), SAP Solution Manager, Utilities Industry, Enterprise Data Warehousing/Business Warehouse, Financial Excellence, Governance, Risk and Compliance, Insurance, Product Lifecycle Management, Retail, Procurement and SRM, Automotive, Banking, Business Process Expert, Business Process Management, SAP Business Suite, Chemicals, Consumer Products, CRM, ERP, Manufacturing, Mill Products and Mining, Oil and Gas, Wholesale Distribution [Feb. 15, 2010 05:15 AM | 6 Comments | Permalink]

Bank Payment Interfaces: The Pieces Of Our Plug'n'Play Puzzle
In our last posting we considered the stuff that we already have as the starting point for our integration architecture. It's time now to look at the objects that we'll create to develop our generic approach to B2B and internal systems integration. Emmanuel Hadzipetros in ABAP, Banking, Beginner, Beyond SAP, ERP, Integration and Certification, Standards [Feb. 12, 2010 11:11 AM | 0 Comments | Permalink]

Bank Payment Interfaces: Considering What We Have Is How We Begin
We've noted that integration thinking is the ability to conceive and develop a seamless and generic plug and play approach to B2B and internal systems integration based on the tools available in our organization. We're now ready to define the pieces that we'll need to build our banking interface. Emmanuel Hadzipetros in Banking, ABAP, Beginner, Beyond SAP, ERP, Integration and Certification, Interoperability [Feb. 01, 2010 09:27 AM | 2 Comments | Permalink]

Top Ten ePM trends for Next Decade - #8
Continuing on the Top Ten ePM trend blog series.... Muthu Ranganathan in Aerospace and Defense, Public Sector, Professional Services, Life Sciences, Insurance, Healthcare, Financial Excellence, Enterprise Performance Management, Consumer Products, Business Process Expert, Business Intelligence (BusinessObjects), Enterprise Data Warehousing/Business Warehouse, Banking, Analytics, Retail [Jan. 29, 2010 06:30 PM | 0 Comments | Permalink]

My Brain On Integration: Multi-system Interface Development
While developing a series of bank payment interfaces in SAP and Sterling Integrator I consider the interesting challenges of working with different systems, programming languages, and communications protocols to produce an integration architecture that fulfills a critical business requirement. Emmanuel Hadzipetros in ABAP, Banking, Beginner, Beyond SAP, ERP, Integration and Certification, Standards [Jan. 18, 2010 07:09 AM | 0 Comments | Permalink]