Compliance is costly. Our platform simplifies complexity, reduces costs, and provides unparalleled visibility and reporting capabilities. It gives finance and accounting teams the freedom to focus on strategic activities, while ensuring compliance and adapting to future requirements.
SAP Fioneer is trusted by leading financial services institutions around the globe
The only subledger designed for financial services. Benefit from high volume management, pre-installed accounting rules and business content, data lineage for regulations and ESG, and drill-down transparency from consolidation to journal entries to transaction details.
Our platform is general ledger agnostic, meaning consistent interfaces and accounting rules across all business lines. Leverage documented procedures, automation and pre-validation for faster reconciliation, and clear delineation of roles between IT and business.
Use one central hub to control all systems running subledger functions. Our platform reduces technical overhead, streamlines processing, cuts the time spent on manual adjustments, reconciliation and reporting while improving audit costs.
Integrating financial and management accounting across diverse financial instruments is an ongoing challenge, and ever-changing regulatory thresholds and rules demand a proactive financial approach to efficiently manage growth. Our platform helps you meet these challenges head on.
Our platform enables you to comply simultaneously with multiple accounting standards, and account for business events in different currencies across multiple lines of business. It also allows for easy management, monitoring and reconciliation of the closing process, from source data in product and policy systems to consolidated group data.
Financial institutions are facing increasing ESG challenges; from operating ESG KPIs to reporting on their portfolio, requiring substantial internal and external data sourcing, data management and calculation. Our maintained ESG calculation engine solves these challenges by integrating into your architecture and standard connectors to external ESG data providers.
Integrating financial and management accounting across diverse financial instruments is an ongoing challenge, and ever-changing regulatory thresholds and rules demand a proactive financial approach to efficiently manage growth. Our platform helps you meet these challenges head on.
Our platform enables you to comply simultaneously with multiple accounting standards, and account for business events in different currencies across multiple lines of business. It also allows for easy management, monitoring and reconciliation of the closing process, from source data in product and policy systems to consolidated group data.
Financial institutions are facing increasing ESG challenges; from operating ESG KPIs to reporting on their portfolio, requiring substantial internal and external data sourcing, data management and calculation. Our maintained ESG calculation engine solves these challenges by integrating into your architecture and standard connectors to external ESG data providers.
By combining cross-industry finance solutions from major vendors with applications tailored for banking and insurance, you get the best of both worlds: broad application and deep insight.
We provide a complete, pre-configured accounting solution with a chart of accounts, code block and accounting rules tailored specifically to financial services.
Our centralized rules for GAAP-compliant accounting, allocations, revenue splits, and Lot, Portfolio and FX position assignment help close the gap between business operations and finance.
We use cash flows and input from risk and actuarial experts to calculate book values, including amortized costs and fair values, as well as risk provisions and impairments.
Our process speeds up the financial close by reconciling accounts daily, making necessary manual adjustments, and following a proven substantiation process.
We provide a finance-owned data mart for financial and management reporting, analytics and statutory disclosures – no need for a separate finance data warehouse.
We offer an accounting subledger for your crypto business, as well as PCAF-compliant greenhouse gas accounting to help reduce your environmental impact.
Use our Financial Services Data Management for Banks solution to create a single source of truth with a comprehensive and consistent financial services data model.
By combining cross-industry finance solutions from major vendors with applications tailored for banking and insurance, you get the best of both worlds: broad application and deep insight.
We provide a complete, pre-configured accounting solution with a chart of accounts, code block and accounting rules tailored specifically to financial services.
Our centralized rules for GAAP-compliant accounting, allocations, revenue splits, and Lot, Portfolio and FX position assignment help close the gap between business operations and finance.
We use cash flows and input from risk and actuarial experts to calculate book values, including amortized costs and fair values, as well as risk provisions and impairments.
Our process speeds up the financial close by reconciling accounts daily, making necessary manual adjustments, and following a proven substantiation process.
We provide a finance-owned data mart for financial and management reporting, analytics and statutory disclosures – no need for a separate finance data warehouse.
We offer an accounting subledger for your crypto business, as well as PCAF-compliant greenhouse gas accounting to help reduce your environmental impact.
Use our Financial Services Data Management for Banks solution to create a single source of truth with a comprehensive and consistent financial services data model.
Proven results from hundreds of financial institutions worldwide
faster monthly closing
improvement in manual forecasting
less manual reporting
