SAP Fioneer

• 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