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TORONTO — SAP SE (NYSE: SAP) today announced that Lloyds Banking Group will boost its payment capabilities and provide unmatched delivery to corporate and institutional clients with a cash management and payments platform from SAP, powered by SAP HANA.

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In-memory technology of SAP HANA delivers real-time view of cash positions

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“API-first platform” offers unique opportunities to embrace the benefits of open banking

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New features provide seamless connectivity across the core digital platform

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By bringing new digitalized functionalities to its commercial portfolio, Lloyds will offer clients seamless self-service with increased performance efficiency and operational productivity. SAP technology will furnish Lloyds with a real-time banking platform to meet the complex business requirements of large commercial banks, non-bank financial institutions and corporate while also providing cost savings and enriched customer experience to clients. The announcement was made at Sibos 2017, being held October 16–19 in Toronto, Canada.

With a commitment to delivering the future of innovation in banking, Lloyds is making this investment to support its existing and prospective clients in embracing the opportunities emerging through open banking. Through its digital core, which provides advanced real-time data analytics as well as open architecture, SAP technology enables Lloyds to redefine experiences for corporate and institutional clients. Now, complex transactions can be completed faster, liquidity can be managed more efficiently and productivity can be increased through additional insight into operations.

“The need for corporate banks to provide their clients with a seamless user experience as well as a high level of self-service becomes more and more imminent,” said Rob Hetherington, global head of Financial Services Industries at SAP. “Banks must provide not only first-class product functionality but also ease of consumption through open application programming interfaces (APIs) as well as being flexible to meet customer expectations. By supplying real-time cash management, payments and analytics capabilities coupled with an API-based architecture, SAP is committed to helping corporate banks, like Lloyds, harness innovation to deliver unparalleled experiences.”

Selecting SAP technology follows Lloyds’s decision to improve its trade finance, invoice finance and client monies platforms. By expanding its comprehensive payment and channel capabilities, Lloyds not only addresses client needs for quick, secure and reliable payments but also acquires the agility needed to adapt to future changes.

From the core banking offering from SAP, Lloyds will use the SAP Deposits Management and SAP Payment Engine applications and the SAP Omnichannel Banking solution, all powered by SAP HANA. This will enable Lloyds to offer clients a wide range of digital self-service tools for cash management and payments. The in-memory technology of SAP HANA allows both corporate and institutional clients to access these features with advanced real-time analytics capabilities. Through the modular and flexible SAP platform, Lloyds expects to gain a competitive advantage with greater business agility and lower total cost of ownership.

To learn more, including additional news from Sibos 2017, visit SAP at Stand D44 and use the hashtag #sibos.

For more information, visit SAP for Banking solutions page on sap.com and the SAP News Center. Follow SAP on Twitter at @sapnews and @SAPforBanking.

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 355,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

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Birgit Dolny, SAP, +49 (6227) 7-61664, birgit.dolny@sap.com, CET
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At SAP TechEd Las Vegas this year Björn Goerke announced, among a lot of other great new things, the new SAP Cloud Platform SDK for service development. Generally speaking, it provides generic development libraries and tools such as OData services provisioning and consumption, business events and so on to enable application developers to easily create extensions on SAP Cloud Platform. In this blog I would like to provide you more insight about what the SDK does, how you can use it to build apps for SAP Cloud Platform and what resources help you to make best use of it.

Let’s first have a closer look at the scope of the SDK. As a “software development kit”, it helps you develop software, in this case apps which will run on SAP Cloud Platform. More specifically the SDK  at this point is a Java SDK and the resulting apps will run on SAP Cloud Platform, Cloud Foundry Environment.

Cloud apps are about providing and consuming services. This is where the SDK will help you by simplifying the development significantly. Apps built with the SDK can easily provision RESTful services based on open standard OData (V4) protocol, which is broadly adopted not only in the SAP world. The implementation for the different OData service operations (CRUDQ, actions, functions) can be done with very few lines of code, if it is not already done generically by the service provisioning framework of the SDK. Under the hood unsurprisingly we are using the Apache Olingo library for OData, which was largely contributed by SAP. The following code demonstrates some key attributes of the APIs of the SDK:

For the consumption of services again there are already powerful APIs for the most important datasources: OData (for instance for working with data in SAP S/4HANA) and CDS, which is the metamodel of choice now for business objects in SAP. The following self-explaning line of code shows an sample OData service request for retrieving product data from an S/4HANA system:

As you can easily imagine, as a Java developer you already now have some key ingredients for building what we call Extension Apps: these are apps, which provision services in the cloud (nothing special so far) but at the same time let you re-use all the data and processes, which you have already in place in your organization. Why bother building yet another store for products or business partners if you can simply use the existing one?

Beyond support for service-related development the SDK also offers you a growing number of capabilities which you will need for writing reliable, secure and manageable cloud apps.

So, when and how can you start using the SAP Cloud Platform SDK for service development?

You can start now, the SDK is publicly available on Maven Central under the GroupID com.sap.cloud.servicesdk and you can use it with your IDE of choice. It contains two archetypes: Quickstart (for your own project) and Sample (fully implemented app). We will continue to add functionality and datasources to the SDK and therefore you may want to come back from time to time to get the latest version.

In addition to the Javadocs that come with the SDK there is a detailed documentation on SAP Help Portal, which also contains currently four tutorials:

* Creating a Simple OData V4 Service That Exposes Mock Data
* Creating an OData V4 Service from an OData V2 Service
* Creating an OData V4 Service That Exposes a CDS Data Source
* Creating an OData V4 Service That Exposes Data From Multiple Data Sources

Also Arun Bhaskaran Nair from the development team has published a blog showing step by step how you in less than an hour can build an app with an OData service on SAP Cloud Platform by using the SDK.

Questions or feedback? Just Ask a Question, use the primary tag “development tools for SAP Cloud Platform” and the user tag “SAP Cloud Platform SDK for service development” http://bit.ly/2hDP1z3 #SAP #SAPCloud #AI