In future, the Frankfurt-based FinTech fintus GmbH will rely on the SAP Cloud Platform of SAP SE. In a strategic partnership, fintus will offer its own enterprise information and process management solution integrated into the SAP Cloud Platform and system landscape.
The fintus Suite automates decisions and processes for financial institutions on the basis of already known information from internal and external sources. The classic application review, credit decision, and customer support are represented in a standardised way in a central process platform, enabling automated decisions. Any manual decisions that may be necessary are made in a central interface that combines all the information and documents, and displays complex network situations.
With the SAP Cloud Platform, SAP offers the future strategic solution for the operation of SAP core applications for financial institutions. The centralisation and migration to SAP S/4HANA will enable financial institutions to take full advantage of the SAP Cloud Platform and SAP’s ecosystem. Innovative services and components will be made available within the platform and, as with the fintus Suite, can be additionally booked via the SAP App Center. The orchestration of internal and external services is performed via modern SAP API management.
Within the SAP Cloud Platform, the fintus Suite offers financial institutions a unique platform for the transformation of their companies. SAP users benefit from the high availability and the fulfilment of mandatory regulatory requirements in accordance with the German Banking Act (KWG) and BAIT. The combination of the fintus Enterprise Information and Process Management solution and the SAP product world within the SAP Cloud Platform achieves long-term investment security while simultaneously enabling the use of current and future service interfaces to handle business processes.
As a cloud company powered by SAP HANA, SAP is the market leader for business software and helps companies of all sizes and sectors achieve their goals in the best possible way: 77% of global transaction revenues run through SAP systems. Our technologies for machine learning, the Internet of Things, and leading-edge analytics help our clients become smart businesses. SAP helps people and businesses gain in-depth knowledge of their organisations, encourage collaboration, and thus stay one step ahead of the competition. We simplify technology for companies so they can use our software easily and in a way that best suits their needs. Our end-to-end suite of applications and services enables more than 437,000 customers to be profitable, constantly adapt and innovate, and to make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps improve the workings of the global economy and people’s lives. For more information, please visit www.sap.com.
29. August 2019