Product for the standardized integration of ABACUS/DaVinci into SAP Banking Services
ABACUS/IRR is a product for the standardized integration of ABACUS/DaVinci into SAP Banking Services (Bank Analyzer). The product provides SAP customers with a complete solution on a uniform platform: it allows them to convert the requirements of regulatory reporting and to complete further analytical evaluation within the same infrastructure.
Some of the core functionalities include the extraction of SDL and RDL data from SAP Banking Services, the interface transfer to ABACUS/DaVinci and the transformation of the data extracts into the ABACUS/DaVinci entrance interface structure as a preparation for the issuing of the report.
The regulatory reporting solution ABACUS/IRR contains a preconfigured selection process, as well as a standardized interface between SAP Banking Services and ABACUS/DaVinci. Hence it allows for a standardized acquisition of data relevant for reporting, from SAP Banking Services to ABACUS/DaVinci, where it generates statistical and bank regulatory reports in the approved way.
In 2011 SAP and BearingPoint Software Solutions concluded a collaboration for the development of a regulatory reporting solution.
ABACUS/IRR was introduced in several banks, - among which are three state banks-, which use the software SAP Banking Services. Through our development cooperation with SAP we offer all ‘SAP Banking Services’ clients a standard solution for fulfilling the regulatory reporting duties.
Experts in regulatory reporting at BESS are continuously developing ABACUS/DaVinci and ABACUS/IRR in order to promptly implement new and changing legal requirements.
ABACUS/IRR offers considerable synergies in introductory projects on regulatory reporting and long-term cost benefits in the maintenance of a SAP-integrated regulatory report connection:
SAP Banking Services as a solution for bank-wide management are used for calculation, evaluation and analysis of financial products. In the SAP Banking Service components, the data from several resource systems (SAP systems as well as systems from third-party suppliers) is being brought together. Therefore this is the main data source for the data used by ABACUS/IRR.
For the data transfer between SAP Banking Services and ABACUS/DaVinci, a special interface, as part of the complete ABACUS/IRR solution, has been developed.
With ABACUS/IRR, a data delivery from SAP Banking Services is realized that contains a preconfigured integration, minimizing implementation as well as maintenance efforts.
With the ABACUS/IRR transformation of the SAP Business Content data model into ABACUS/DaVinci data model a large part of the complexity of the introduction project on regulatory has been removed. With the constant maintenance of ABACUS/IRR transformation the client obtains operational security in a complex and highly dynamic environment.
ABACUS/IRR is delivered and maintained for SAP Banking Services 5.0&8.0 The SAP add-on IRR applies to many SAP standard technologies, as Add-on-Assembly-Kit, Business Content, HDB, CVPM, iDoc, SAP SOA-Manager, WebGui for HTML and ICF Services. The productive operation of ABACUS/IRR is possible also with SAP Banking Services 6.0 & 7.0.
The operation of ABACUS/IRR assumes a current ABACUS/DaVinci release.