November 15, 2007
SAP announced an alliance with Computer Sciences Corporation (CSC) that will address the growing need for banks to differentiate themselves through strategically optimized product pricing. The collaboration between the two will bring together the SAP Price Optimization application with CSC's Hogan Core Banking System, simplifying CSC clients' access to sophisticated pricing options.
The overall collaboration will complement the Hogan Core Banking System to help banks improve their productivity, manage change and optimize their core processes quickly. The goal of the alliance is to provide banks the flexibility they need to integrate, migrate and update application functionality based on strategies to consolidate and streamline platforms. The joint offering will focus on providing a tool suite that can predict optimized pricing scenarios across banks' product portfolios.