- Develops insurance and banking industry cloud
solutions
- Offers detailed financial transformations that include
managed services
- Shares information on future projects, services and
implementation and transformation strategies
LONDON, April 30, 2024 /PRNewswire/ -- The EY
organization today announces an alliance between SAP Fioneer, a
world-class software solution provider for financial services, and
EY ifb SE to help facilitate software selection, business
transformation, training and change management in the financial
services industry.
With new tech-enabled market entrants to the financial services
industry, the need to roll out large-scale financial
transformations in the next decade is expected to increase. In
addition, the modernization of finance functions continues to
impact customers and clients. The EY–SAP Fioneer Alliance will help
develop flexible commercial business models and industry-specific
cloud solutions like the EY organization's global insurance
industry cloud initiative.
The EY–SAP Fioneer Alliance focuses on banking and insurance
solutions and offerings for the CFO in areas such as financial
products subledger, financial control, insurance collections and
disbursements and sustainability solutions.
Daniel Ruschmeier, EY–SAP Fioneer
Alliance Leader at EY ifb SE, says:
"Through the EY–SAP Fioneer Alliance, EY teams are positioned to
continue help strengthen the financial landscape through market
finance transformations and industry cloud solutions. Furthermore,
the established working relationships between SAP Fioneer's global
team and EY teams serve as a catalyst in the Alliance's focus on
joint solutions, implementations and engagements."
Christian Jaeger, SAP Fioneer
Global Partner Management, says:
"Collaborations are a key component of SAP Fioneer's DNA, and
the EY-SAP Fioneer Alliance builds on years of successful work
together on joint customer projects. We are committed to working
closely with EY teams to bring about sustainable and impactful
change in the financial services industry."
For more information, visit ey.com/alliances.
About EY
EY exists to build a better working world, helping to create
long-term value for clients, people and society and build trust in
the capital markets.
Enabled by data and technology, diverse EY teams in over 150
countries provide trust through assurance and help clients grow,
transform and operate.
Working across assurance, consulting, law, strategy, tax and
transactions, EY teams ask better questions to find new answers for
the complex issues facing our world today.
EY refers to the global organization, and may refer to one or
more, of the member firms of Ernst & Young Global Limited, each
of which is a separate legal entity. Ernst & Young Global
Limited, a UK company limited by guarantee, does not provide
services to clients. Information about how EY collects and uses
personal data and a description of the rights individuals have
under data protection legislation are available via ey.com/privacy.
EY member firms do not practice law where prohibited by local laws.
For more information about our organization, please visit
ey.com.
This news release has been issued by EYGM Limited, a member of
the global EY organization that also does not provide any services
to clients.
About SAP Fioneer
SAP Fioneer was launched in 2021 as a joint venture between
global technology leader SAP and entrepreneurial investor Dediq to
become the world's leading provider of financial services software
solutions and platforms. With a broad ecosystem of partners,
over 800 financial services customers and more than 1,000
employees, SAP Fioneer is a global business present in 17 countries
across Europe, North and
Latin America, Middle East and Asia-Pacific.
By combining the speed and agility of a start-up with the proven
capabilities of a best-in-class software company, SAP Fioneer
enables banks, insurance companies and challengers to run,
transform and grow while meeting their need for speed, scalability,
and cost-efficiency through digital business innovation, cloud
technology, and solutions that cover banking and insurance
processes end-to-end.
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