A large Indian conglomerate with one of the largest financial services portfolio wanted to separate one legal entity from their main SAP system stack for compliance with government regulations.
There were two approaches to take it forward :-
Since the customer also wanted certain organizational structure changes also to be introduced, the 2nd option was chosen.
The entire carve out project was completed in 2 months time.
RBI regulations are on the core compliance needs of Banks.
At one of India’s largest private back, Form 18 which is an RBI requirement, used to be prepared in excel by consolidating data from different MIS’s from different applications.
The bank wanted to automate this process. While most of the heads in this requirement were General Ledger balances in the SAP system, these were updated as a consolidated entry everyday. And there was no breakup of long term FD and short term FD. However this was a requirement under the RBI guidelines.
The requirement was taken up for development in SAP ECC. First data was to be updated in SAP and bifurcated. Rules which controlled file transfers intermediate system were changed, update programs were modified and separate scripts were written on other application system that send the data to SAP. Finally a formatted output was designed.
The entire Form 18 project was completed in 3 months time with the initial base report being output in the 2nd month itself.