SAP is breaking new market-oriented ground with the newly founded joint venture Financial Services Industry (project name FSI) with the Munich-based investment company Dediq, which will start in the next fiscal year. This is understandable insofar as niche providers, neo-banks and corresponding new service providers for solutions and applications are increasingly establishing themselves among financial service providers, also accelerated by the pandemic.
The products, services and experts of the SAP parent company brought into the joint venture are thus to become more flexible, agile and innovative. Questions about the further process, strategic planning and organization, and in particular the protection of previous investments of DSAG members are now in focus.
We take note of the general commitments made to existing customers to date and trust that they will be honored, even though the new joint venture will be "SAP branded" but will operate on the market as a legally independent entity.
We very much welcome the opportunity to leverage unprecedented potential in the new, leaner unit with a startup mindset and to act more quickly in the market with clear, simpler structures and realize customer requirements faster. However, investment protection for existing customers must have the same priority in the new company as new, innovative services for neo-banks.
In view of the great importance for us SAP users, we therefore insist that further developments as well as maintenance and support, which have already been coordinated with each other, are adhered to.
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