Software AG Case Studies Banking on Alfabet for Continuous Architecture and Technology Improvement

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	Banking on Alfabet for Continuous Architecture and Technology Improvement Software AG

Banking on Alfabet for Continuous Architecture and Technology Improvement

Software AG

Technology Category	Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries	Finance & Insurance
Applicable Functions	Business Operation
Use Cases	Regulatory Compliance Monitoring Asset Lifecycle Management
Services	System Integration Cloud Planning, Design & Implementation Services
Challenge	The bank was facing a challenge with its array of applications divided into three separate repositories, creating separate islands for private banking, investment banking, and technical infrastructure. This disconnected web of applications was inflating costs, impeding compliance with new banking regulations, and leaving management ill-prepared for an industry-wide digital transformation. The bank needed a comprehensive and accurate overview of its application landscape, extensive reporting capabilities for management, risk and audit compliance purposes, and the analytics and insights to help its leaders make robust, fact-based, strategic decisions. Read More
About Customer	The customer is a leading global financial services company that offers a wide range of wealth management and investment banking services. The bank positions itself as an entrepreneur-focused bank. With more than 500 billion euros of assets in 2017, it is one of the largest banks in Europe. The bank is renowned for advising its clients in all aspects of finance, across the globe and around the clock. The bank aims to become a more entrepreneur-focused bank by leveraging its strengths in wealth management and investment banking. Read More
Solution	The bank’s IT team found its solution with Alfabet, Software AG’s “whole view” IT planning and portfolio management solution. Alfabet, part of Software AG’s Digital Business Platform, provided a comprehensive and accurate overview of its application landscape, extensive reporting capabilities for management, risk and audit compliance purposes, and the analytics and insights to help its leaders make robust, fact-based, strategic decisions. The bank adopted Alfabet in 2008 and its IT team quickly tackled the first item on its to-do list: merging its three repositories into one. Alfabet proved ideal for harmonizing IT assets and led to critical functional improvements. In 2014, the bank decided to leverage this investment further and adopted Alfabet’s array of monitoring and strategic planning capabilities. Read More Log in to view content
Contents

Technology Category

Platform as a Service (PaaS) - Application Development Platforms

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Use Cases

Regulatory Compliance Monitoring

Asset Lifecycle Management

Services

System Integration

Cloud Planning, Design & Implementation Services

Challenge

The bank was facing a challenge with its array of applications divided into three separate repositories, creating separate islands for private banking, investment banking, and technical infrastructure. This disconnected web of applications was inflating costs, impeding compliance with new banking regulations, and leaving management ill-prepared for an industry-wide digital transformation. The bank needed a comprehensive and accurate overview of its application landscape, extensive reporting capabilities for management, risk and audit compliance purposes, and the analytics and insights to help its leaders make robust, fact-based, strategic decisions.

About Customer

The customer is a leading global financial services company that offers a wide range of wealth management and investment banking services. The bank positions itself as an entrepreneur-focused bank. With more than 500 billion euros of assets in 2017, it is one of the largest banks in Europe. The bank is renowned for advising its clients in all aspects of finance, across the globe and around the clock. The bank aims to become a more entrepreneur-focused bank by leveraging its strengths in wealth management and investment banking.

Solution

The bank’s IT team found its solution with Alfabet, Software AG’s “whole view” IT planning and portfolio management solution. Alfabet, part of Software AG’s Digital Business Platform, provided a comprehensive and accurate overview of its application landscape, extensive reporting capabilities for management, risk and audit compliance purposes, and the analytics and insights to help its leaders make robust, fact-based, strategic decisions. The bank adopted Alfabet in 2008 and its IT team quickly tackled the first item on its to-do list: merging its three repositories into one. Alfabet proved ideal for harmonizing IT assets and led to critical functional improvements. In 2014, the bank decided to leverage this investment further and adopted Alfabet’s array of monitoring and strategic planning capabilities.

Impact #1	Provided comprehensive overview of application landscape
Impact #2	Ensured efficiencies by re-using assets
Impact #3	Delivered insights and analytics to enhance strategic decision-making

Impact #1

Provided comprehensive overview of application landscape

Impact #2

Ensured efficiencies by re-using assets

Impact #3

Delivered insights and analytics to enhance strategic decision-making

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Overview

Banking on Alfabet for Continuous Architecture and Technology Improvement

Operational Impact