Newsletter Edition 52 - June 2015

Bremer Kreditbank chooses BARS

In the case of Bremer Kreditbank AG (BKB), a traditional Bremer bank decided to use the BARS balance analysis system. This system, which was developed by S&N, is used by more than 200 financial institutions to assess creditworthiness in corporate business. In 1863, Bremer Kreditbank was founded by six merchants from Bremen. It has an exciting and eventful history. In 1982, the Belgian KBC Group took over the majority of shares. As a result, in 1999, Bremer Kreditbank was renamed KBC Bank Deutschland. In…[mehr]

Highest demands for data quality in banks (BCBS 239)

We are coming to the end of an era in which IT solutions and manually maintained Excel spreadsheets are used to manage the data of financial institutions. When analysing the financial crisis 2007–10, many institutions and banking supervisors saw that a large proportion of the IT and data architectures of banks were inadequate for managing financial risks. For example, after the collapse of Lehman Brothers, major international banks needed approximately two weeks to assess their own Lehman commitment.…[mehr]

S&N at Fleet & Mobility Executive Circle 2015

On 20 and 21 April, Management Circle welcomed more than 70 guests for the first Fleet & Mobility Executive Circle at the Kempinski Hotel Frankfurt Gravenbruch. S&N was represented as a solution partner with Fleet 3.0 fleet management for SAP ERP and the Android-based RFID license check. Professor Michael Schreckenberg from the University of Duisburg-Essen eloquently led the two-day event with a great deal of humour. In addition to the star-studded program, which included a panel discussion with…[mehr]

SAP Workflow - transparently depicting business processes

A business process is usually influenced by various factors. These can be temporal and/or related to data systems. In many areas of work, SAP solutions are being used to map this complex functionality with one or several reports. This approach has several disadvantages: Subsequent changes are complex and expensive to implement The process is not transparent and is difficult to track Errors may only be detected at the end of the business process Timed tasks are difficult if not impossible to…[mehr]

Working together for the future

The month marks 10 years of successful cooperation between S&N AG and the Fraunhofer Institute for Industrial Engineering (IAO) in Stuttgart as part of the "Bank & future" innovation forum. This is a good opportunity to reminisce about the work completed and look into the future of the banking industry. We interviewed Claus-Peter Praeg, project manager at the Fraunhofer IAO, and Uwe Bröker, Management Board of S&N. Editorial staff: Mr. Praeg, what does the "Bank & Future" innovation forum stand…[mehr]

New branch in Dusseldorf

We are very pleased to inform you that our new branch in Düsseldorf opened its doors on 1 June of this year. At Neumann Straße 10 in Düsseldorf, our modern and well-equipped office with nearly 300 m² of space provides us with the ideal conditions to better serve our customers in the Rhine/Ruhr region expand our business in this region. Of course, we will use the new space and existing infrastructure for the growth of S&N Invent GmbH along with S &N AG and A:gon Solutions GmbH. Regional employees…[mehr]

Into the future with PEP

PEP means momentum and is also a large part of the S&N "Personal Evolution Programme". In addition to specific training, we will once again offer a company-wide technological training programme. Four of the five PEP2014/2015 modules address the subject of efficiency and effectiveness. The fourth addresses a bank-specific focus of S&N AG. With a maximum of three of five modules per employee, approx. 140 S&N employees took part in 13 training sessions, some of which offered test certificates. The…[mehr]

Congratulations to our Bachelor's students

After presenting their final colloquium at the end of 2014, our Bachelor's students have now been awarded Bachelor's certificates from the FHDW. We would like to congratulate Jens Binfet and Sebastian Heitmeier for achieving top marks in their industrial computer science programmes. We are also pleased that both will continue to work for S&N and implement their acquired knowledge in project groups. Contact: Rüdiger Klein; Turn on Javascript![mehr]