Jump to Content
ABA: The American Bankers Association
Skip Section Navigation

Download Fact Sheet

  • Functionality & Response to Areas of Focus

  • Quick Facts

Functionality & Response to Areas of Focus

Core Functionality

SAP states that with the Intelligent Enterprise framework, SAP provides integrated applications, intelligent technologies and a digital platform to enable banks to better serve their customers supporting key business processes including digital customer engagement; retail banking operations; commercial banking operations; and finance and risk.

Firm's Response to Core Committee's Key Areas of Focus

  • SAP states that as a leading on-premise and cloud software provider, it is dedicated to protecting customer data with a security foundation that is based on the highest security standards.
  • SAP data centers use state-of-the-art technology and rigorous security to protect data virtually and physically against data breaches, fires, terror attacks and other threats. Their data centers meet the highest security standards.
  • SAP states that they provide a secure application programming interface structure making it easy to create API proxies that connect to enterprise data and back-end services, while protecting against threats. For banks, the solution portfolio uniquely offers APIs to developers for use across multiple channels, devices and user interfaces in a proven and secure platform that can seamlessly scale to billions of API calls.
  • For additional information on SAP’s approach to API’s, please review the SAP API Business Hub: api.sap.com

(Including Exclusivity, Coterminous Contracts, Deconversion Fees, Limitation of Liability, SLAs and Early Termination Penalties)

Q2 states the following:

  • SAP states that they provide comprehensive and flexible software licensing to support all business processes allowing banks to run their business better, faster and simpler with deployment options including on-premise, hosted private cloud and public cloud. License models will vary by solution and individual customers requirements and include, but are not limited to perpetual, subscription and consumption-based

Quick Facts

Quick Facts
Headquarters LocationWalldorf, Germany
Websitesap.com/industries/banking.html
Year Established1972
Ownership ModelPublic
Regionally Focused or NationalGlobal
Number of Cores Offered2
Name of Core SolutionSAP S/4 Transactional Banking Services
Number of US Banks on the Core1
FunctionalityDigital customer engagement, retail banking operations, commercial banking operations, finance and risk
Target Bank Asset SizeMore than $500 million
Business StrategySAP states that it is a market leader in endto-end enterprise application software, database, analytics, intelligent technologies and experience management. A top on-premise and cloud software company with 437,000 customers and more than 200 million users worldwide. SAP helps global, national, regional and community banks operate profitably, adapt continuously, and achieve their purpose.

22:08

Video

ABA Core Platforms Committee interview with SAP Fioneer’s Marcin Krawiec

Interview with Marcin Krawiec, VP, Cloud Platform Products, SAP Fioneer

close-video-modal