Corona – How do companies come out of shock?
The Covid 19 virus has dominated our daily lives for quite some time now. Every individual and every company has had to experience the force and intensity with which the pandemic has hit us.
The Covid 19 virus has dominated our daily lives for quite some time now. Every individual and every company has had to experience the force and intensity with which the pandemic has hit us.
There has not been such a decline in the real economy since the oil price shock in 1973 and the financial crisis starting in 2008. Probably, the situation is without precedent even since the end of the Second World War.
If you ask users what makes a modern data warehouse based on SAP HANA so special, they usually point out the great speed advantages.
All sectors of the economy are challenged to respond to the current Corona crisis. As a consulting company specialized in IT-related consulting for banks and insurance companies, we at ADWEKO have thought about how we can support our customers in this situation.
A classic first step in approaching the topic of “S/4 Conversion” is to conduct a preliminary study. On the part of ADWEKO, we have the privilege to accompany some of our customers exactly in this early phase.
As a premium partner for SAP software solutions in the Financial Services (FS) area, the international market is an important field of activity for ADWEKO.
The cooperation with Wolters Kluwer started with the replacement of the SAP Credit Risk Analyzer (CRA), whose support will end in 2025. SAP’s Financial Services Data Platform (FSDP), which is built on the new SAP HANA in-memory database, serves as the technical foundation.
The solutions already implemented include an FX adjustment calculation on the one hand and various cost allocations on the other.
With the SAP Financial Services Data Platform (FSDP), SAP offers a platform that not only stores all the necessary data in a predefined data model, but also provides the appropriate interface infrastructure.
From a technical perspective, SAP FPSL is used as an add-on to SAP S/4HANA. However, this does not necessarily mean that S/4HANA is a prerequisite for FPSL.