The challenge:

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

This quote, taken from "Principles for the effective aggregation of risk data and risk reporting”, BCBS 239 (January 2013), is representative of one of the most important findings resulting from the global financial crisis of the years 2007 – 2008:

Many financial service providers‘ data architecture was not suitable for a comprehensive management of financial risks. Numerous institutions did not have a central data warehouse and were therefore unable to aggregate risk positions in a timely manner and accurately identify concentrations at group level and across business areas.

A central data repository should not be reduced solely to the reporting of risks but is of great importance for all reporting processes within a financial services provider.

Terms such as Data Management, Data Modeling, Data Quality Management, Data Governance, Data Lineage and Reporting have become an integral part in all areas, from Finance, Controlling and Treasury to Corporate Management.

In the last years leading technology companies have dealt intensively with this topic and launched a wide range of software solutions on the market. Since then, a uniform, consistent data warehouse has been implemented in many banks’ and insurance companies’ IT architectures, and SAP HANA technology is increasingly providing the platform for this. The SAP PowerDesigner as a modeling and documentation tool increasingly forms the bridge between the fulfillment of regulatory requirements and the institutions’ internal use cases.

Setting up a central data store, designing an integrated data model and connecting relevant data sources, such as the SAP Financial Product Subledger or SAP Core systems, is a major challenge for financial service providers, and one in which we are happy to provide support.

Your ponturo benefits:

• Due to many years of experience in implementing analytical SAP applications (SAP Bank Analyzer, FPSL), data modeling and data connectivity have always played a central role for us.
• We are therefore well aware of the challenges clients have to face with regards to harmonization in the context of building a consistent data warehouse.
• We have extensive expertise in modeling physical and logical data models - both in terms of implementing classic data models (Third Normal Form 3NF) and more innovative approaches such as Data Vault 2.0.
• We have profound expertise in the field of Data Management, always keeping an eye on the technical design in addition to professional functionality.
• We have comprehensive knowledge of insurance/banking products and processes as well as business management requirements.

The challenge:

With S/4HANA for Financial Products Subledger (FPSL), SAP Fioneer offers a standardized subledger solution for creating the balance sheet, P&L and notes for insurance companies. The application allows you to implement different GAAPs in a unified accounting solution at a highly granular level. Implementing this solution and integrating it into the IT architecture is a major challenge in which we are happy to provide you with competent support in all project phases.

Your ponturo benefits:

• With ponturo you rely on a partner with many years of experience in the implementation of SAP / SAP Fioneer accounting solutions for insurance companies.
• We can advise you with both professional and technical competence in all project phases.
• As an SAP / SAP Fioneer partner, we have been working closely with SAP / SAP Fioneer for many years in a wide range of areas and are happy to be your first point of contact for all SAP related topics.

The challenge:

With S/4HANA for Financial Products Subledger (FPSL), SAP Fioneer offers a standardized subledger solution for creating the balance sheet, P&L and notes for banks. The application allows you to implement different GAAPs in a unified accounting solution at a highly granular level. Implementing this solution and integrating it into the IT architecture is a major challenge in which we are happy to provide you with competent support in all project phases.

Your ponturo benefits:

• With ponturo you rely on a partner with many years of experience in the implementation of SAP / SAP Fioneer accounting solutions for banks.
• We can advise you with both professional and technical competence in all project phases.
• As an SAP / SAP Fioneer partner, we have been working closely with SAP / SAP Fioneer for many years in a wide range of areas and are happy to be your first point of contact for all SAP related topics.