Integrated bank management is becoming increasingly important for your overall success. We build a clear target image for your efficient, integrated bank management and accompany you on your way there.
Our SAP Analytical Banking team focuses on the following SAP applications:
BearingPoint was involved in creating the SAP Financial Services Data Platform (FSDP), the basis for a redundancy-free central data store as a single point of truth using a banking data model. The FSDP offers you all the options for connecting SAP and non-SAP source systems and various bank control modules, such as accounting, risk and regulation, based on the latest technology.
The SAP Financial Products Subledger (FPSL) is your accounting subledger for all financial products and provides the necessary functionalities for your financial accounting according to the accounting standards relevant to you. Thanks to the SAP S/4HANA platform technology, detailed requirements go hand in hand with high processing performance for financial statement preparation and high-performance ad hoc reporting options.
Customer expectations are sharply increasing, digitalization across all sales channels has become a must, and the market environment demands cost reductions and efficiency gains.
The fundament for banks is shifting, and a realignment of the application landscape, particularly the bank management architecture, keeps a bank oriented to the future. Existing processes and systems must be harmonized and optimized. Functional and data silos must come together to meet the cross-departmental reporting requirements. Data must be as granular as possible, especially in accounting, with extensive analyses and reporting options.
The future-oriented target architecture for your overall bank management links all management-relevant areas of the bank, such as accounting, controlling and risk management, via a uniform, consistent and high-performance database. In conjunction with the uniform SAP Financial Services Data Platform (FSDP), the SAP Financial Services Data Management (SAP FSDM) is such a database. The scope of services includes several adapters, such as connecting upstream systems (including Loans Management/CML) and providing accounting-relevant data to FPSL or data required for calculations to PaPM. In addition, the tools used for reporting can perform queries directly on FSDP/FSDM or in FPSL, which is a significant improvement, as it was usually necessary to wait for processing and persistence in a separate BW.
The following figure shows an exemplary SAP bank management architecture based on SAP FDSP/FSDM as the single point of truth, including a bank-specific data model, SAP FPSL as the accounting subledger, SAP Profitability and Performance Management (SAP PaPM) for controlling and Wolters Kluwers OneSumX for risk management.
This bank control architecture offers you the following benefits:
BearingPoint is at your side as a reliable partner. We create a professional and technical architecture picture for your efficient, integrated overall bank management. We can also challenge existing architecture and provide optimization proposals based on our extensive experience.
To give you a better understanding of the new functionalities and especially of the professional and technical potentials, we will be happy to demonstrate the E2E processing on our BearingPoint-internal SAP landscape from the connected upstream systems to the FSDP/FSDM, the FPSL and the analytics and reporting applications (SAC).
We are also happy to start with a compact preliminary study or a focused proof of concept to validate/elaborate individual vacant aspects in preparation for the implementation project. In the subsequent implementation project, you will benefit from our detailed experience along the entire processing route from the upstream systems to the area of reporting and analytics. We support you in all necessary design, implementation, testing, go-live and aftercare.
We have many years of experience setting up complex system architectures and offering you a consistent end-to-end approach. Benefit from our in-depth professional knowledge and technical application experience across the entire processing chain. As an SAP Gold Partner, we support you in a focused manner and close exchange with SAP Fioneer to implement SAP software solutions. In addition, as an AWS Advanced Consulting Partner, we offer you the possibility to build the system solution on a cloud platform.
Talk to our experienced banking and capital market experts, who will be happy to assist you!