At the confluence of digital transformation, pandemic-prompted innovation, and the explosion of industry-specific cloud offerings sits SAP Fioneer, a “special partnership” that’s redefining what it means to be a vendor to companies working in financial services. As the banking and insurance industries start to embrace technology and bold innovation, opportunities abound. Bob Evans talked with Falk Rieker, GVP and Global Head of the Banking independent business unit at SAP and Mitch Bouchard, president for the Americas at SAP Fioneer, about what they’re seeing in the market, their thoughts on the rapid pace of change, and more.
The Big Themes:
- Some background on SAP Fioneer: Falk and Mitch explain how the partnership came to be and offer details about how the two organizations work together while maintaining independence.
- What makes SAP Fioneer unique in the market: by building the backbone for “the end-to-end business process,” SAP Fioneer is more than a point solution or even a vendor, it sees itself as a partner to customers.
- Looking to the future of financial services: Falk and Mitch each share what they expect to be the next big trends and transitions in FinServ, from making a cashless economy more accessible and equitable to AI to the metaverse.
The Big Quote: “It will be more and more important that these systems integrate with each other, speak the same language. This is where you get the economies of scale. This is where you standardize, automate and harmonize your landscape. And if you’re able to do that, you will be good for your customers. And what’s good for your customers is actually then good for your business, as you can imagine.” – Falk Rieker
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Want to learn more about SAP Fioneer?
Connect with Falk and with Mitch on LinkedIn.
