Description
Banking services 9.0 will enable banks to complete the shift to a real-time, fully digital business model and merge previously siloed functions.As banks are facing digital disruption by new entrants, it is increasingly important to have accurate, live data that supports smart and accurate decision making.The 9.0 release of banking services uses the SAP HANA platform to help banks join data streams, conduct real-time analysis and create new products better tailored to customer needs. Faster innovation cycles allow banks to develop new products in days rather than months, resulting in increased customer satisfaction and more innovative services.“With mounting demands to run their organizations more efficiently, achieve new product innovations faster and provide more personalized service to customers, banks are in need of a new technology backbone that can support all of these tasks simultaneously,” said Falk Rieker, global head of the banking business unit, SAP. “Banking services 9.0 create a digital core, unifying the entire banking lifecycle and setting banks up to be more agile in their business transformation. Banks can go beyond traditional transaction processing and drive end-to-end digitized processes based on a single source of information from planning and execution to prediction and analysis, all in real-time, providing a superior customer experience.”