The challenge:

With S/4HANA for Financial Products Subledger (FPSL) together with Accounting for Financial Instruments and Accounting for Insurance Contracts, SAP offers a standardized Sub Ledger solution for the preparation of financial statements, P&L and notes. The applications allow you to implement the diverse GAAPs in a single Accounting solution on a highly-granular level. The implementation of these solutions and their integration in the IT-architecture represent a challenge we’ll gladly support you with, competently and in all project phases.

Your ponturo benefits:

• You rely on a partner with many years of experience with the implementation of SAP Accounting solutions, FPSL, Accountings for Financial Instruments respectively Accountings for Insurance Contracts.
• We will support you with functional and technical issues competently in all project phases.
• As an approved SAP Service Partner, we collaborate with SAP in various fields and are your first and single contact for all SAP-topics.

The challenge:

With its guidelines and recommendations, the Basel Committee on Banking Supervision sets the regulatory framework for the financial industry and hence significantly determines the future direction of the banking community. Its guidelines and recommendations are transposed into European and National law on a regular basis.

Thus, in February 2019, the Council of the European Union has passed a bundle of directives for risk mitigation and capital requirements, based on the former statements of the Basel Committee. It represents one of the most important reform packages of the past years, therefore in banking circles it is already called “Basel IV”.

The EU legislations are refined by the technical regulation- and operating-standards, that are published by the European Banking Regulator (CEBS) and ultimately contain the specific reporting requirements for the financial institutions. Most important among those is the regulatory reporting such as COREP, FINREP, LCR, as well as the principles for risk mitigation and surveillance, such as MaRisk, SREP, BAIT, MaSan, which require fundamental changes to the reporting processes.

Financial institutes face the challenge to store a consistent and flexible data repository, in order to comply with the perpetual changes of regulatory reporting requirements and at the same time harmonize their external and internal reporting processes.

Your ponturo benefits:

• By Regulatory Reporting we mean both external Regulatory Reporting and the internal Reporting.
• We are able to point out the impact of new data requirements on the implementation of the Reporting.
• Thanks to many years of experience in the SAP Bank Analyzer environment, we have expert knowledge in data modelling and data connection, which always needs to be applied while implementing regulatory and internal reporting requirements.
• We understand how to implement new regulatory requirements in a data repository, in order to create the necessary underlying data basis the Reporting is built on.
• We have profound functional expertise with regards to banking products and processes, as well as requirements concerning the internal and external reporting.

The challenge:

Where is the wisdom we have lost in knowledge?
Where is the knowledge we have lost in information?
T. S. Eliot, The Rock (1934)

This quote, cited from “Principles for the effective Aggregation of risk data and risk reporting”, BCBS 239 (January 2013), is representative for one of the most important recognitions resulting from the global financial crisis in 2007:

Many financial institutes’ data architecture was not suitable for a comprehensive management of financial risks. Many institutes did not have a central data repository and hence were not able to aggregate risk positions promptly and to identify concentrations on a group level or across business units precisely.

A central data repository should not be reduced to the reporting of risks only, but is vital for all reporting processes in a financial institution.

Since then, terms like Data Management, Data Modeling, Data Quality Management, Data Governance, Data Lineage and Reporting have been a fixed component in all departments like Finance, Controlling, Treasury and Overall Bank Management.

In the past years, leading technology companies have been pursuing this topic intensively and have introduced multiple software solutions to the market. Since then the uniform, consistent data repository is finding its way into the IT architecture of banks. More often the SAP HANA technology is providing the platform for this and the SAP Power Designer increasingly serves as a bridge between meeting regulatory requirements and internal use cases.

The implementation of a central data repository, the design of an integrated data model and the connection of data sources such as the SAP Bank Analyzer and the SAP Core Banking systems represents a big challenge for financial institutions we will gladly support you with.

Your ponturo benefits:

• Thanks to many years of experience in the environment of SAP Bank Analyzer implementations, data modelling and data connection have always been playing a central role for us.
• The challenge of the harmonization within the scope of an implementation of a uniform data repository are widely known.
• We have extensive functional know-how in modelling physical and logical data models.
• We dispose of a profound expertise in Data Management, that, besides functionality, always bears in mind the technical design.
• We have extensive know-how with regards to banking products and processes, as well as requirements concerning Overall Bank Management.

The challenge:

The implementation of functional requirements for the Management Accounting requires a high synchronization of all divisions. Especially the connection of Accounting and Controlling through a consistent data basis in connection with an efficient, integrated Performance Management is gaining a growing priority in banks and insurance companies.

With SAP Profitability and Performance Management (PaPM), SAP has developed a functionally powerful and innovative solution, both for classical Controlling tasks and diverse analytical processes as well. SAP PaPM is highly flexible with regards to data access, functionalities and methods in order to carry out precise analyses of the results. As a HANA based application, the integration into existing SAP architectures is performant and uncomplicated. The interaction with non-SAP data repositories can be implemented easily, as well.

Your ponturo benefits:

• We have the necessary expertise to design functionally and implement technically your Controlling requirements, based on your existing IT architecture.
• We model your analytical and Controlling specific functionalities in SAP PaPM.
• We are adept in the functional, technical and uniform design and implementation of customer-specific Controlling solutions.