BANKING SOLUTIONS

Banking, financial services and insurance industries are sophisticated and complex. These industries are subject to significant regulation and they generate mountains of data through the Tailored Made products. For the enterprise that participates in one or more of these markets, it can be difficult for ISVs to stay abreast of changes in the market, changes in competition.

Change is more rapid than ever before, and the ISVs that compete in these markets must find new and better ways to attract and retain their customers by embedding SAP BusinessObjects into their Applications.

ISVs need to be able to allow their customers to achieve an integrated view of data across all systems and data sources in order to provide up-to-date data for analysis and decisions for Business users. At the same time, ISVs must enable customers to focus on a secure transaction environment to ensure compliance and protect confidential and private data.

By embedding SAP BusinessObjects with the Applications & Software, ISVs can empower the business user to monitor product, transaction and fraud and risk data on a daily basis to leverage the full value of data, and capitalize on market opportunities. Since the identification and analysis of risk is crucial to the success of a financial industry enterprise. ISVs must enable users to view and analyze data and to make swift corrections to strategy, processes and objectives with a full understanding of strategy, client portfolio, customer demographics, and current and planned profitability.

To be successful in this environment, ISVs must empower their customers to establish and monitor appropriate key performance indicators (KPIs) and metrics, identify and support profitable customers, improve operations at the grass roots level and achieve true business intelligence to understand and improve portfolio performance and predict and forecast results based on trends and business patterns.

Rather than using standalone BI tool sets that require setup and training, business users will leverage ISVs’ BI power that is an integral part of a larger application or package ISVs design & Develop. Users will no longer shift software contexts when moving from operational processes to analytical ones. SAP BusinessObjects simply slips into the background of a primary application that users use to do their jobs. At this point, users may no longer realize that they are using distinct BI tools.

1. BI as a service:
   To switch on a lamp, you must first plug it into an outlet that taps into the electrical grid that powers the lamp. Like electricity, BI is destined to become an enterprise service that users and applications tap into to deliver information and insights to users on demand. By embedding SAP BusinessObjects with tailored made applications, ISVs transform BI from sets of standalone products to enterprise services that make BI easier to use and pervasive.
2. BI as a container:
   Conversely, applications built using BI tools will serve as vehicles to launch operational processes and tasks, a kind of reverse embedding that some experts call "closed-loop BI." For example, many companies now use dashboards to monitor key business events, trigger alerts and workflows, and execute tasks within operational applications. In addition, some packaged software vendors now use a dashboard as the central metaphor for delivering role-based views of tasks and information required to manage processes in and across multiple business departments.

Embedding SAP BusinessObjects

The most promising method of embedding SAP BusinessObjects is to use emerging software development workbenches that make BI services available to developers as components that they can drag and drop onto a screen, configure and link together. These tools not only simplify and accelerate the development, testing and deployment of analytically driven applications, but they also use BI components that foster re-use and standardize the "look and feel" and delivery of BI functionality within an organization.

Partnering with us helps ISVs to:

1. Expedite their customers’ time to value
2. Service more customers in less time
3. Drive incremental revenues
4. Realize new margin streams
5. Accelerate growth, boost productivity
6. Reach new markets

Partners can empower their customers to monitor & manage KPIs:

For Banking

1. Financial and Operational Performance Management – Financial and Operational Performance Management and Analysis enables financial performance and allows the organization to establish and meet goals and track progress using a large volume of information, integrated from numerous enterprise systems and sources. Banking professionals and stakeholders can monitor the financial health of the organization and create and share reports to comply with government and industry regulations
2. Customer Profitability Management – Customer Profitability Management and Analysis facilitates excellence in customer service and improves customer acquisition with targeted marketing and market research. Users can identify the most profitable customers and analyze buying behavior and preferences

For Financial Services

For Insurance