Loans management
Loans Management are two core banking system modules from SAP Industry Solution Banking that run on different SAP servers, but support the same core loan processes in many areas. The main difference is that CML posts every single business transaction in real time to the general ledger without aggregation. This procedure corresponds to the historical basic idea of real-time posting in R / 3 , as it is in all classic SAP modules. Due to the huge amount of posting material, especially in parallel bookkeeping in accordance with various accounting regulations (multi-GAAP accounting), this principle must be broken from a certain number of totals records in the general ledger. This amount of total rates is slightly exceeded at retail banks and especially in the consumer credit business with monthly interest, fee and repayment rates.
Loans on ERP (formerly CML Consumer, Corporate and Mortgage Loans)
The module has been developed since around 1992 and uses SAP Netweaver as the platform. It can manage the product types based on the product types programmed by SAP: Mortgage Loans, Borrower's Notes, Policy Loans, Consumer Loans, Installment Loans and General Loans. The difference between the product types is that they have different activities in the life cycle, i. H. have different mass runs and transactions and sometimes different fields. In terms of look and feel, it is a classic SAP module, comparable to MM or SD.
Loans on Platform
is the new module that was programmed on a different SAP server. The account management for the German Postbank was programmed on the basis of the old BCA. Today the module is called Deposits Management. Loans management was programmed on this basis in Release 6.0, but it has nothing to do with what is known from the CML.
The main disadvantage of this module is that the Bank Analyzer AFI (Accounting for Financial Instruments) is required as a posting interface, at least for loans based on the debit principle (= loan with debit position based on the payment plan), since otherwise no general ledger posting records are updated. In addition, the module does not have any open item management, which means that Contract Accounts Receivable and Payable must also be introduced. Likewise, unlike CML, the module does not use the debtor (FI-AR) and bank accounting (FI-BA) as standard to connect to payment transactions. This is why Loans on Platform requires the SAP Payment Engine or another payment system for data exchange with a clearing bank (e.g. LZB). To connect the sales channels, e.g. B. Branch sales, offers Loans on Platform BAPIs and web services. The relatively simple SAP GUI transactions that cannot be used for loan initiation in a branch can generally not be used for this. For this purpose, SAP offers the Account Origination (AO) module in its CRM server.
The biggest advantages of Loans on Platform are the possibility of parallelization of mass runs, the compressed general ledger connection and the very high number of interfaces that open the door to a service-oriented architecture of a bank. It is preferable to the CML for tier 1 banks, as it can handle much higher booking volumes both in the day-end closing and in the end-of-month processing.
SAP banking platform
The new SAP banking platform is a different runtime environment than ECC 6.0 and therefore runs on its own SAP kernel and has its own different release cycles. The current release of this product is called Banking Services from SAP 9.0. It now contains the main modules SAP Business Partner for Financial Services (serves to store and manage all customer information), Account Management (contract management for accounts, loans and bank cards), Master Contract Management (management of framework agreements for business customers of a bank), DispoOffice (rule-based automatic and manual disposition of payment items), collateral management (the administration and monitoring of collateral) and the Bank Analyzer (supports the overall bank management through the calculation, evaluation and analysis of financial products).
Individual evidence
- ↑ SAP ERP ( English ) SAP. Retrieved August 27, 2019.
- ↑ banking services from SAP ( English ) SAP. Retrieved August 27, 2019.