Bangalore-based iCreate is to collaborate with SAP to provide banks with improved analytics, risk and compliance reporting.
Through the agreement, iCreate will integrate SAP’s technology portfolio for banking and financial services with its business solutions.
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The portfolio includes SAP Sybase IQ enterprise edition, SAP BusinessObjects business intelligence platform and SAP Crystal Reports.
Vivek Subramanyam, CEO of iCreate, said: "It is part of our mission to provide banks worldwide with a superior decision making capability and this collaboration sets a new benchmark for the banking fraternity.
"I am delighted that we can leverage SAP’s industry leading technology platform and R&D prowess to co-innovate best-in-class banking solutions.
"As a result of both companies’ leadership and focus in the banking domain, I am sure banks globally can now expect better information management and faster insights," he added.
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By GlobalDataElbert Bailey, VP of SAP Asia Pacific Japan, said: "Our innovative partnering models open up new opportunities for partners to leverage SAP’s strengths with their own core competencies to create new, compelling and innovative products.
"Through their solutions embedding our proven technology platforms, we will work closely with iCreate to serve our joint banking customers – partnering to increase their customer-centricity, reduce cost and complexity, and better manage regulatory and risk compliance," he added.
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