SAP Solution in Detail Banking Capital Markets Accounting and Financial Close

Solution in Detail
Banking Capital Markets
Executive Summary
Solution Overview
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Accounting and Financial Close
2013 SAP AG or an SAP affiliate company. All rights reserved.
Executive Summary
Solution Overview
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Transform Close-to-Disclose Process

Close-to-Disclose
Master Information Demands
Banks face pressure from stakeholders who require accelerated reporting

cycles, from ever-changing regulatory requirements, and from merger-forced
system streamlining all of which accompany the need to reduce costs.
Response to Change
SAP Innovations
56%
Lower financial closing
FTE cost when the financial
system supports internal
and external accounting
requirements
Source: SAP Performance
Benchmarking
Mergers and acquisitions result in heterogeneous system landscapes in banks today.

Cumbersome, outdated technologies add to the
problem of increasing complexity. At the same
time, banks want to dispose of spreadsheetbased accounting.
Customers want a streamlined, optimized

close-to-disclose process that incorporates
contract-level financial instruments accounting
from the initial financial transaction, through
entity and corporate close, to reporting and
disclosure.
External and internal stakeholders require

increasingly sophisticated financial information,
including what is needed to comply with
regulations. Banks must produce highly
detailed data faster than ever before and must
adapt to overcome these challenges without
increasing costs.
SAP provides a comprehensive process

tailored to finance transformation requirements.
To meet reporting and disclosure requirements,
the process has to be based on underlying,
highly granular data, ideally on a single contract
level. The entire process must be streamlined
and auditable.
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2013 SAP AG or an SAP affiliate company.

All rights reserved.
Executive Summary
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Master Financial Information Demands

Close-to-Disclose
Quickly provide accurate, detailed financial reporting based on single financial

instruments. This must be embedded in an automated, end-to-end, close-to-disclose
process to meet internal stakeholder demands and comply with requirements such
as IAS 39/IFRS 9, FINREP, and FASB regulations.
Response to Change
SAP Innovations
In order to meet financial information demands,
best-run banks adopt a holistic and long-term
approach instead of the quick-fix, silo-based
solutions that used to be standard practice in
capital market firms.
By establishing a single source of truth for
financial instrument accounting with centralized
rules and postings, banks are able to simplify
their application landscapes and remove
dependencies on product systems.
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Chief financial officers need to stay on top of

ever-changing accounting regulations such
as IAS 39 and IFRS 9. They can do this by
implementing a flexible, centralized banking
architecture that helps them quickly and costeffectively comply with regulations.
SAP provides a comprehensive suite of
applications that help to automate and provide
accountability, reconciliation, and auditability
to all steps of the close-to-disclose process.

Executive Summary
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Respond to Change
Close-to-Disclose
Response to Change
SAP Innovations
26%
With SAPs finance transformation solutions, banks can implement a flexible,

centralized banking architecture to respond quickly and cost-effectively to
regulatory requirements and internal information demands. SAPs finance
transformation process is fully reconciled, automated, and workflow driven to
free up finance staff for analytical tasks. Contract-based accounting postings
form the foundation of all reporting and data aggregation as required.
The solutions help banks achieve flexibility to respond to new regulatory and internal
information demands; full reconciliation and auditability across accounting value chain; fine
granular information on contract leveldriven reporting; faster access to financial information;
and greater time and cost savings during the close process.
Lower days to close annual

books when the AP system is
integrated with the general
ledger and no reconciliations
are required
Benchmarking
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Executive Summary
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SAP Innovations
Close-to-Disclose
Finance transformation software from SAP leverages technology innovations

to reduce the cost and increase the speed and reliability of creating financial
statements, allowing quick response to changing requirements and providing
highly scalable, flexible deployment options.
Response to Change
SAP Innovations
SAP HANA
The solutions enable banks to handle large volumes of highly granular data and perform analysis
in memory and at zero latency to drive better decisions in real time.
Analytics
Analytics solutions enable flexible reporting and provide the ability to drill down to the source data.
This helps banks analyze the cause of results and not just report them. Financial consolidation
and calculations are automated, allowing for what-if scenario analysis along with workflow and
collaboration options. This reduces risk and provides better traceability and accountability.
Mobile
Mobile solutions give finance professionals immediate access to financial reports, ensuring
quick responses and better decision making.
Cloud
Fast and flexible deployment of business processes reduces costs and optimizes operations.
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Executive Summary
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Keep Ahead of Regulatory Changes

Solution Overview
Accounting for Financial
Instruments
Financial Accounting
Accounting for Financial Instruments

Account for core business on a single contract level with full regulatory compliance.
Conduct accounting for business-support operations.
Entity Close
Corporate Close
Reporting and Disclosure
Financial Close Governance
Finance in Capital Markets
Why SAP?
Entity Close
Establish an entity close process with stronger governance and better execution.
Corporate Close
Eliminate bottlenecks in financial consolidation proceedings and reporting cycles.
Create XBRL filings and publish mandated disclosures, enabling a holistic
disclosure process.
Take a trusted view of performance and compliance via consistent financial
master data.
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Executive Summary
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Accounting and Financial Close

Solution Overview
Accounting for
Financial
Instruments

Instruments
Operations
Entity Close
Local Finance
Organization
Valuation
of Financial
Instruments
Subledger
Posting
and GL
Transfer
Hedge
Analysis
Hedge
Accounting
Financial
Accounting
Fixed
Assets,
A/P, Payroll
Entity and
Corporate Close
Reporting and
Disclosure
Financial Close
Governance
Intercompany
Reconciliations
Entity Close
Scheduling/
Execution
Operational
Reporting/
Analysis
Manual
Adjustment,
Approvals
Notes
Management
Entity
Reporting/
Analysis
XBRL
Filing on
Entity Level
IFRS and
GAAP
Standards
Financial
Close
Monitoring,
Consolidation
Corporate
Reporting/
Analysis
Disclosure
Management
Including
XBRL
IFRS and
GAAP
Standards
Corporate Close
Corporate
Finance (HQ)

Compliance
Governance
Monitor Risks and Controls, Remediate Issues

Facilitate Consistent Financial Master Data Across the Enterprise
Why SAP?
Accounting and financial close
runs financial instrument
accounting, general ledger,
entity, and corporate close
to disclosure processes.
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Executive Summary
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Accounting for Financial Instruments

Solution Overview
Instruments
Capabilities
Benefits
SAP Innovations
40%
Lower compliance and risk
management FTE cost when
the internal audit department
regularly performs financial,
operational, compliance and
IT audits
The solution provides a subledger for

financial instruments on single-contract
level. It is embedded in multi-GAAP
architecture and helps banks comply
with different accounting regulations
such as IFRS and U.S. GAAP.
The solution provides banks with full subledger

functionality on single-contract level and covers
the whole accounting process. It helps banks
register business transactions from operational
systems, update accruals, calculate deferrals,
and perform valuations for financial instruments.
It supports posting and valuation in full accordance with hedge accounting requirements of
IAS 39 and offers transparency throughout the
complete lifecycle of a hedging relationship and
sophisticated functionality for effectiveness
testing. It enables banks to post daily aggregated
subledger documents to an integrated general
ledger.

Benchmarking
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Executive Summary
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Compliance for Financial Instruments

Solution Overview
Instruments
Capabilities
Benefits
SAP Innovations
The solution offers full subledger functionality

for financial instruments on single contract
level; handles multiple sets of books to cope
with different accounting regulations like U.S.
GAAP and IFRS; covers entire financial
accounting process from registering operational
transactions, updating accruals, calculating
deferrals, executing valuations, and posting
subledger documents to fully integrated general
ledger; offers centralized accounting rules and
valuation engine in a comprehensive integrated
framework; supports multicurrency accounting;
captures the complete lifecycle of a hedging
relationship for fair value hedges, portfolio fair
value hedges, and macro cash flow hedges
initialization, designation, prospective and retrospective effectiveness testing and dedesignation;
and integrates hedge accounting functionality
fully with the accounting processes of accounting for financial instruments and the general
ledger.
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Executive Summary
Solution Overview
Instruments
Capabilities
Benefits
SAP Innovations
90%
Lower general ledger and
financial closing costs when
general ledger and financial
systems are integrated to
produce accurate data
Benchmarking
Solution Overview
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Respond to Regulatory Requirements with

Contract-Level Data
The solution helps banks comply with
IFRS and local accounting standards in
a comprehensive integrated framework,
and centralized accounting and the
valuation functionality helps them to
easily adapt.
The solution provides regulatory compliance

for financial instruments with state-of-the-art
standardized software. Accounting on a singlecontract level ensures that information is
available on all dimensions.
The multicurrency functionality is state-of-the-art
and fully aligned with the general ledger. The
central accounting and valuation functionality
handles local GAAP and IFRS requirements in
parallel using the same source data and helps
ensure flexibility to new requirements.
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The solution allows a clear distinction between

operational and analytics responsibilities.
Accounting and valuation rules are maintained
consistently in the analytic AFI solution and are
clearly separated from numerous operational
systems.
Full integration with the general ledger reduces
reconciliation efforts, giving a full audit trail
through to the subledger. The solution helps
ensure complete and consistent data in an integrated framework, flexibility, and extensibility to
other processes due to a common architecture.
Executive Summary
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Innovations for Accounting for Financial Instruments

Solution Overview
Instruments
Capabilities
Accelerate subledger reporting for

financial instruments and get real-time
access on single transactionlevel data.
Benefits
SAP Innovations
Analytics solutions enable the office of the

CFO to analyze large volumes of financial
instrument data in conjunction with reporting
and disclosure. This helps banks to produce
disclosures in the required format, provides
sophisticated visualization into financial data,
and supports intelligent decision making based
on up-to-date Big Data.
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Executive Summary
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Solution Overview
Capabilities
Benefits
SAP Innovations
74%
Lower general ledger and
financial closing cost for
banking organizations when
financial system can support
internal/external accounting
requirements
Financial accounting software from

SAP manages local and corporate
accounting and reporting requirements
by unifying robust managerial and
financial accounting for greater
efficiency and transparency.
In todays business environment, banks need

to satisfy a wide range of internal and external
reporting requirements quickly and efficiently.
To achieve this, SAP solutions support both
managerial and financial accounting in a single
robust application.
The SAP General Ledger application flexibly

meets the accounting and reporting requirements of the most complex organizations
including multinational financial reporting,
parallel accounting, accelerated closing cycles,
and regulatory compliance reporting requirements of the bank.

Benchmarking
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Executive Summary
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Enable Accounting Excellence

Solution Overview
Capabilities
SAPs financial accounting solution

provides the right foundation for
accounting and reporting teams.
Benefits
SAP Innovations
36%
Lower budgeting and
forecasting costs when
business and operational
analysis uses single
information source
Benchmarking
It unifies robust financial accounting functionalities to help manage the complexities of global
accounting and reporting requirements, yielding
greater efficiency and transparency. It records
all financial processes into a comprehensive
general ledger and supports multidimensional
reporting and parallel accounting standards.
The solution helps banks achieve complete
financial accounting by integrating financial
instruments, fixed assets, and payables.
A bank can leverage the comprehensive

functionality of the solution for closing
automation, reporting, and audit support.
SAP General Ledger enables internal
and external reporting including IFRS and
U.S. GAAP.
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Executive Summary
Solution Overview
Capabilities
Benefits
SAP Innovations
19%
Lower days to close annual
books when general ledger
system supports multiplecurrency accounting
processes and entries
Solution Overview
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Comprehensive Financial Accounting Improves

Transparency
Financial accounting software from
SAP improves financial transparency
and productivity. It automates processes
and cuts closing times while enabling
flexible reporting for improved decision
making.
The solution provides unified reporting banks

can create reports in compliance with multiple
financial reporting standards, including IFRS,
U.S. GAAP, and other accounting standards;
real-time reconciliation managerial and
financial accounting are always reconciled
within the general ledger, which helps further
accelerate the financial reporting cycle; faster

close SAP General Ledger helps banks
get greater transparency for auditing and
corporate governance; lower costs the
solution is designed for easy setup and use,
and applications in the SAP ERP Financials
solution help reduce your total cost of ownership.

Benchmarking
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Executive Summary
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Innovations for Financial Accounting

Solution Overview
Capabilities
Benefits
Nondisruptive, next-generation finance

yields better insight, improved user
experience, higher flexibility, and
lower cost.
SAP Innovations
68%
Greater ability to use Big Data
with enterprise-wide, high
performance analytics
Benchmarking
Use the SAP HANA platform to consolidate

data from fragmented sources and provide
instant real-time insight to end users.
Increase operational efficiency and productivity
through a new user experience for expert users.
New mobile solutions for executive and casual
users allow valuable financial insights anytime,
anywhere while providing an enhanced user
experience.
Focused innovation in process modeling

and rapid-deployment functions enable higher
flexibility and lower total cost of ownership for
deploying new functions and enhancing
existing functions.
Select replacement of current finance
solutions by new cloud solutions offers new
levels of flexibility and operational efficiencies.
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Executive Summary
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Entity Close Management

Solution Overview
Entity Close
Capabilities
Benefits
SAP Innovations
37%
Fewer days to close annual
books for organizations
that streamline, automate,
and integrate core finance
processes
SAP solutions help banks achieve

timely and accurate closes for
subsidiaries through greater
standardization and automation,
enhanced user efficiency, and
centralized monitoring and control.
SAP supports customers in planning, executing,

monitoring, and analyzing the closing steps
for all subsidiaries. This helps banks achieve
greater governance and control, higher
efficiency, reduced cost, increased analysis,
and better transparency in fulfilling tight closing
schedules.
Intercompany reconciliation software from SAP

helps banks to improve the overall financial
close, enabling them to work faster, enhance
quality, and dedicate resources to more valueadded analysis.

Benchmarking
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Executive Summary
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Manage Legal Entity Close

Solution Overview
Entity Close
Capabilities
Benefits
SAP Innovations
25%
books for organizations that
integrate processes within
finance as well as outside
Benchmarking
SAP supports banks in planning,

execution, monitoring, and analyzing
all closing tasks manual steps,
transactions, programs, jobs, workflows,
and remote tasks.
Entity close planning provides an intuitive,

efficient, template-driven approach to
standardize best closing practices across
legal entities and closing cycles.
Entity close monitoring and analysis delivers

full transparency on closing status and progress
across all legal entities and multiple closing
cycles.
Entity close execution and scheduling helps

task owners collaborate effectively via an
intuitive interface and automate the closing
cycle using event-driven execution of functionality in accounting and other software
of the SAP Business Suite applications.
Intercompany reconciliation allows banks to

load intercompany balances or transactional
detail from multiple systems of the group and
reconcile them in real time via an intuitive,
powerful Web application.
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Executive Summary
Solution Overview
Entity Close
Capabilities
Benefits
SAP Innovations
31%
Lower audit cost for banking
organizations that reduce
number of manual controls,
monitors, and audits
Benchmarking
Solution Overview
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Improved Close Governance, Compliance,

Efficiency, and Insight
The solution supports a collaborative
and highly automated end-to-end
close for group entities. It helps quickly
identify and resolve intercompany
differences and eliminate close process
bottlenecks.
The solution helps increase governance and

compliance by standardizing best closing
practices via a flexible template concept. SAP
software provides a comprehensive audit trail,
automatic logging of closing results, and userdefined notes and attachments per closing task.
The solution helps improve closing efficiency
by automating closing tasks across SAP and
non-SAP systems. It has event-based execution
and notifications and is a powerful, collaborative
application for managing the close across
multiple systems, entities, and time zones.
Banks gain better transparency and insight

via real-time reporting on closing status and
closing progress across the group and across
closing cycles. It can get reports on planned
versus actual start times and duration.
Banks can increase efficiency and reduce cost
of intercompany reconciliation by leveraging
SAPs peer-to-peer approach, empowering
individual business units and speeding up
the reconciliation through automatic matching
of intercompany invoices.
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Innovations for Entity Close

Solution Overview
Entity Close
Capabilities
SAP innovations speed up the closing

cycle and provide real-time insight into
status and progress of the entity close.
Benefits
SAP Innovations
40%
Greater insights from Big
Data with well-established
analytics and data modeling
Benchmarking
SAP HANA
Intercompany reconciliation solutions from SAP
work efficiently on enormous volumes of
intercompany balances and invoices and
guarantee an efficient, real-time, peer-to-peer
reconciliation process between subsidiaries.
Analytics
The SAP Financial Closing cockpit helps banks
increase quality and governance with real-time
monitoring and analysis of all tasks via the SAP
BusinessObjects business intelligence
solutions for the closing cycles of subsidiaries.
Mobile
The SAP Financial Closing cockpit provides
flexible notifications on different events, such
as tasks overdue, to support people on the go.
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Corporate Close
Solution Overview
Corporate Close
Capabilities
Benefits
SAP Innovations
46%
books for organizations that
provide comprehensive
documentation of risks and
risk-mitigation processes
SAP corporate close solutions give chief

financial officers the speed, processing
power, agility, and breadth of analysis
they need to complete financial
consolidation and reporting cycles
faster.
SAP financial consolidation software helps

banks deliver fast, accurate financial consolidations, freeing teams up to focus on strategy and
analysis. It helps navigate multiple currencies,
mergers and acquisitions, and evolving
standards and regulations like IFRS, GAAP,
and XBRL electronic filing format.
The solution helps banks reduce time and cost

of closing and reporting cycles while keeping
controls; make better, faster decisions based
on accurate information; comply with IFRS
and GAAP; strengthen investor relations with
transparent data; and improve flexibility
business-wide to quickly adapt to change.

Benchmarking
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Executive Summary
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Support Regulatory Reporting

Solution Overview
Corporate Close
Capabilities
Benefits
SAP Innovations
39%
management FTEs when risk
management system supports
automated reports and alerts
Benchmarking
The solution gives banks the power,

financial intelligence, process control,
and transparency to comply with global
reporting requirements like GAAP,
IFRS, and FINREP.
It also gives banks timely, reliable information

and analysis; automated consolidation processes such as journals, intercompany matching
and reconciliation, eliminations, dividend, and
investment elimination; the ability to run different
simulations of data for better analysis, and
variations on currency calculations, organizational roll-ups, and regulatory requirements.
In addition, the solution helps banks maintain

a fully documented audit trail for regulatory
compliance and reduced audit costs, and it
easily integrates to SAP and non-SAP software
systems.
Finally, the software provides planned and
consolidated financial reporting from a single
application, and it gives banks the ability to
leverage native Microsoft Office tools via a new
enterprise performance management (EPM)
add-in for Microsoft Office.
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Executive Summary
Solution Overview
Corporate Close
Capabilities
Benefits
SAP Innovations
23%
Lower days to close
annual books reported by
organizations that drive
effective consolidation
and reporting
Benchmarking
Solution Overview
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Streamlined Financial Consolidation and

Reporting Process
The solution helps banks produce
financial statements to instill stakeholder confidence, supports multiple
currencies and reporting standards,
and gives full visibility to help make
better decisions.
Stakeholder confidence is crucial for both internal and external reporting. SAP applications
for corporate close provide the functionality for
legal and management reporting from within
the same tool. This saves time and money and
provides one version of the truth, which
eliminates the need to tie multiple reports
together.
The solution supports multiple currencies and
reporting standards with automated processes,
which are quicker and more accurate than
manual processes.
The automated financial processes generate an

electronic audit trail. This allows banks to trace
back to the source of information and to find
out what, when, and by whom adjustments
were made, making the data more reliable and
ensuring individual accountability.
The key benefit to banks is support for making
more informed decisions, and automation
quickly provides reliable data.
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Executive Summary
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Innovations for Corporate Close

Solution Overview
Corporate Close
Capabilities
Benefits
SAP innovations improve the speed

and accuracy of the corporate close by
automating processes with detailed
audit trails.
SAP Innovations
20%
Higher revenue per employee
when information is used to
find competitive advantages
Benchmarking
SAP HANA
The SAP Business Planning and Consolidation
application leverages the power of the SAP
HANA platform to report and analyze large
volumes of data accurately and efficiently.
Analytics
The SAP EPM Unwired mobile app allows onthe-go access to financial reports to help banks
make more informed decisions with immediate
access to online and offline information.
Mobile
The solution helps banks collect, consolidate,
and disclose financial information faster. It
enables collaboration and workflow, reducing
risk and increasing accuracy by providing a
detailed audit trail, ensuring compliance and
accountability.
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Executive Summary
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Solution Overview
Capabilities
Benefits
SAP Innovations
The solution helps banks in reporting

and disclosure processes. It facilitates
auditable, compliant workflow that
reduces time, risk, and cost in production
and approval of statements and
disclosures.
The production and analysis of financial

statements for internal and external purposes
typically requires the involvement of many
distributed teams and multiple data sources.
Many different versions of reports are created
during the process, and each version requires
approval from different managers. These

reports include external reporting to regulatory
authorities and internal reports to board
members. Many organizations use manual
processes, which tend to have more errors than
automated processes.
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Executive Summary
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Lower Compliance and Reporting Costs

Solution Overview
Capabilities
Benefits
SAP Innovations
The solution brings complex financial

processes into a single framework; provides
financial professionals a visual, easy-to-use
way to manage financial-statement production;
enables collaboration and workflow between
individuals and teams; meets disclosure
requirements from regulatory bodies such as
the European Banking Authority; meets the
demands of XBRL publishing and International
Financial Reporting Standards compliance; and
offers multiple output options for financial and
regulatory statement filing and publication.
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Lowering Compliance and Reporting Costs

Solution Overview
Capabilities
Benefits
SAP Innovations
The office of the chief financial

officer can leverage the disclosure
management tool to eliminate
numerous manual processes, reduce
errors, and increase accountability in
the production of reports.
The solution helps to create speed and

flexibility; accelerate the generation of
disclosure statements; integrate data for a
single view across the organization; optimize
the close from source to digital disclosure;
assign disclosure responsibility to distributed
teams; automate integration and data flows
designed for ownership by finance professionals; maintain compliance and control;
produce trusted financial statements in-house;

support multiple financial and regulatory
statements; enable creation of XBRL-based
statements; and accelerate legal compliance
with preconfigured starter kits embedding best
practices in compliance and XBRL filing for
IFRS, U.S. GAAP, and other local accounting
standards.
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Innovations for Reporting and Disclosure

Solution Overview
Capabilities
SAP innovations improve the

flexibility and reduce the risk and
cost of reporting and disclosure.
Benefits
SAP Innovations
24%
Higher operating margins
when enterprise mobility
is embedded in business
processes
Benchmarking
SAP HANA
The SAP ERP, SAP NetWeaver Business
Ware-house, and SAP Business Planning and
Consolidation applications leverage the power
of SAP HANA to report and analyze large
volumes of data accurately and efficiently.
Mobile
SAP Mobile Platform can be leveraged in the
accounting and financial close process, providing
on-the-go access to financial reports to make
more-informed decisions with immediate access
to information.
Analytics
Analytics offerings from SAP provide many
reporting options that give banks the ability
to drill down to source data on multiple
dimensions to be able to better analyze the
root cause of variances. The SAP Disclosure
Management application reduces the time, risk,
and cost of internal and external disclosures.
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Solution Overview
Capabilities
Benefits
SAP Innovations
14%
management cost where the
financial system can support
internal as well as external
accounting requirements
Banks use financial close governance

software from SAP to increase
governance, mitigate risks, and achieve
compliance and quality with consistent
financial master data bank-wide.
SAP helps banks govern their financial master

data centrally. This covers the end-to-end
process from the request for new or change
of existing master data, through flexible multistep approvals, up to the efficient delivery of
master data and hierarchies to applications in
SAP Business Suite software and beyond.
Banks experience greater efficiency in

maintaining their master data, better quality
data, and strong audit trails. This facilitates
faster financial close and more efficient
compliance with IFRS, GAAP, and local
accounting standards.

Benchmarking
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Govern Financial Master Data

Solution Overview
Capabilities
Benefits
SAP Innovations
Using financial close governance

software from SAP, banks efficiently
maintain financial master data centrally.
Types of data include general ledger
accounts, financial reporting structures,
and organizational units including
group companies, profit centers, and
cost centers.
Corporate data is also easily integrated with

subsidiary master data.
The application provides flexible approval

workflows that expedite and provide control
over the change-request process.
The application supports the automatic distribution of master data to subsidiaries, easing
the workload for them as well.
The solution tracks all changes made to master
data through auditable governance processes
that comply with the Sarbanes-Oxley Act and
similar regulations.
Using replication methods, the solution can

distribute changes to other applications running
in the bank, such as the SAP Accounting for
Financial Instruments and SAP ERP applications,
consolidation applications, and non-SAP
software.
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Consistent Financial Master Data Bank-Wide

Solution Overview
Capabilities
Benefits
SAP Innovations
The solution provides corporate

governance and increased quality of
financial data, thus supporting greater
efficiency, improved compliance,
and consistent financial results.
The solution can help banks achieve a faster

close for publishing financial statements in
good time; increased efficiency of corporate
groups due to more reliable and accurate data;
accurate, comprehensive reporting as a result
of consistent master data and hierarchies; and
improved compliance with IASB, FASB, and
other standard-setters through a governed
master data process with auditable data, data
changes, and audit trails.
Banks can also use the flexible data model to

maintain all kinds of financial master data. A
model for standard financial objects is included
in the solution, which can be refined and
enhanced as required.
The solution also provides a flexible Web user
interface model to tailor the end-user interface
to specific requirements.
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Innovations for Financial Close Governance

Solution Overview
Capabilities
Banks use SAP innovations to improve

quality, efficiency, and timeliness of
the financial close.
Benefits
SAP Innovations
Analytics
Banks utilize the SAP Master Data Governance
application to analyze processing times and
statuses of change requests. This involves
monitoring business activities, tracking
compliance with service-level agreements,
optimizing processes, and turning insight into
action.
Mobile
Strong governance by flexible approval
processes is a key strength of the SAP
solution. It is designed to make approvals
available via mobile devices.
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Solution Overview
Instruments
Entity Close
Accounting and
Financial Close
Accounting for
Financial
Instruments
Financial
Accounting
Entity and
Corporate Close
Collaborative
Finance
Operations
Invoice to Pay
Travel
Management
Shared Services
Framework
Reporting and
Disclosure
Financial Close
Governance
Corporate Close
Why SAP?
Support for accounting and
financial close a key offering
from SAP.
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Executive Summary
Solution Overview
Contact Us
Why SAP?
Solution Overview
Instruments
Accounting and financial close software from SAP enables capital market firms to
maintain regulatory compliance. The software also helps provide transparency of
information to internal stakeholders rapidly and efficiently.
Entity Close
Corporate Close
Wide Solution Portfolio

SAP offers the most comprehensive portfolio of finance solutions for the banking industry that
meet and anticipate information demands from regulatory bodies and internal constituents
efficiently and cost-effectively.
Leveraging Breakthrough Innovations
SAP solutions use innovative technologies, including the SAP HANA platform, mobile,
analytics, and cloud computing, that enable business process optimization at low cost.
40 Years of Delivering Value to Banks
The worlds leading banks rely on SAP software to run their finance processes.
Why SAP?
33 / 35

Executive Summary
Solution Overview
Contact Us
Find Out More About How Your Organization Can

Become Best-Run
Benchmark Your Performance
Position your organization for dominance in this new economy with the business performance
benchmarking program from SAP available free to SAP customers and select prospects.
The SAP benchmarking program has helped more than 3,000 organizations assess their
strengths, uncover areas for improvement, and identify best practices and IT strategies that
generate clear, tangible value not someday, but today.
Visit valuemanagement.sap.com >>
Go Live in Weeks
Heres the fastest way to run your business better: our rapid-deployment solutions. In one
package, you get everything you need to be up and running quickly including preconfigured
software and implementation services in just weeks. With a defined scope and predictable
costs, there are no surprises.
Visit sap.com/solutions/rds >>
Join Your Community of Practices

Every day, SAP Community Network (SCN) changes the way that thousands of SAP users work.
It lets members help one another solve problems, learn, and invent new ways to get things
done faster. Find out how to connect with people, content, and resources.
Visit scn.sap.com >>
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Solution in Detail
Banking Capital Markets
Executive Summary
Solution Overview
Contact Us
CMP 25505 (13/04)
Visit us online to find out more:

http://twitter.com/SAPforBanking
http://twitter.com/cfoknowledge
www.facebook.com/SAPforBanking
www.youtube.com/SAPforBanking

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Solution in Detail

Banking Capital Markets

Accounting and Financial Close

2013 SAP AG or an SAP affiliate company. All rights reserved.

Transform Close-to-Disclose Process

Banks face pressure from stakeholders who require accelerated reporting

Mergers and acquisitions result in heterogeneous system landscapes in banks today.

Customers want a streamlined, optimized

External and internal stakeholders require

SAP provides a comprehensive process

2013 SAP AG or an SAP affiliate company.

Master Financial Information Demands

Quickly provide accurate, detailed financial reporting based on single financial

Chief financial officers need to stay on top of

2013 SAP AG or an SAP affiliate company.

With SAPs finance transformation solutions, banks can implement a flexible,

Lower days to close annual

2013 SAP AG or an SAP affiliate company.

Finance transformation software from SAP leverages technology innovations

2013 SAP AG or an SAP affiliate company.

Keep Ahead of Regulatory Changes

Accounting for Financial Instruments

2013 SAP AG or an SAP affiliate company.

Accounting and Financial Close

Accounting for Financial

Financial Close Governance

Monitor Risks and Controls, Remediate Issues

2013 SAP AG or an SAP affiliate company.

Accounting for Financial Instruments

The solution provides a subledger for

The solution provides banks with full subledger

Source: SAP Performance

2013 SAP AG or an SAP affiliate company.

Compliance for Financial Instruments

The solution offers full subledger functionality

2013 SAP AG or an SAP affiliate company.

Respond to Regulatory Requirements with

The solution provides regulatory compliance

The solution allows a clear distinction between

Innovations for Accounting for Financial Instruments

Accelerate subledger reporting for

Analytics solutions enable the office of the

2013 SAP AG or an SAP affiliate company.

Financial accounting software from

In todays business environment, banks need

The SAP General Ledger application flexibly

Source: SAP Performance

2013 SAP AG or an SAP affiliate company.

Enable Accounting Excellence

SAPs financial accounting solution

A bank can leverage the comprehensive

2013 SAP AG or an SAP affiliate company.

Comprehensive Financial Accounting Improves

The solution provides unified reporting banks

accelerate the financial reporting cycle; faster

Source: SAP Performance

2013 SAP AG or an SAP affiliate company.

Innovations for Financial Accounting

Nondisruptive, next-generation finance