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Case study Company name: Zurcher Kantonalbank
| Last updated: 13 Jan 2004 |
IBM Business Consulting Services improved the reporting capabilities of Zurcher Kantonalbank, a major European financial institution, with an updated, comprehensive financial solution. |
Business need | Zurcher Kantonalbank's existing internally developed business administration solution was outdated and no longer meeting the company's needs. |
Key challenges The solution needed to be replaced with a comprehensive and integrated business administration solution that would serve the needs of all Zurcher Kantonalbank's business divisions. |
Solution IBM e-business on demand and IBM Business Consulting Services IBM Business Consulting Services designed and implemented a comprehensive business administration financial solution for all the company's business divisions. The solution included the implementation and integration of SAP SEM-PA, SAP CO-ABC and SAP BW as part of the new management accounting system into the existing IT infrastructure. |
Results | Monthly reports can now be produced within 10 working days of the end of the reporting period. Previously, reports took 30 days to generate. The solution also improved data quality and calculation accuracy and it enabled paperless reporting with interactive query abilities. |
Customer information | Zurcher Kantonalbank | | Zurcher Kantonalbank is Switzerland's largest cantonal bank and the third largest Swiss bank. It's a full service bank offering services in private banking, corporate banking, investment banking and asset management. |
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