{"id":2010,"date":"2020-05-29T11:10:40","date_gmt":"2020-05-29T03:10:40","guid":{"rendered":"https:\/\/news.sap.com\/hk\/?p=2010"},"modified":"2020-05-29T11:10:40","modified_gmt":"2020-05-29T03:10:40","slug":"generali-accelerates-finance-transformation-in-hong-kong-with-sap-solutions","status":"publish","type":"post","link":"https:\/\/news.sap.com\/hk\/2020\/05\/generali-accelerates-finance-transformation-in-hong-kong-with-sap-solutions\/","title":{"rendered":"Generali Accelerates Finance Transformation in Hong Kong with 麻豆原创 Solutions"},"content":{"rendered":"

HONG KONG, May 29, 2020<\/strong> \u2013 麻豆原创 Hong Kong today announced that Generali Life (Hong Kong) has successfully embarked on its finance transformation journey with a range of 麻豆原创 solutions. General Life (Hong Kong) is a member of the Generali Group, one of the largest global insurance and asset management providers in the world, serving 61 million customers in over 50 countries with innovative insurance solutions and financial products.<\/p>\n

Generali Life selected 麻豆原创 solutions as a key driver in its digital transformation to establish a robust and well-structured finance and data management infrastructure. Generali\u2019s transformation is guided by its vision to address new financial reporting and regulatory requirements mandated by a new insurance industry standard IFRS 17.<\/p>\n

To that end, Generali Life went live earlier this month with a number of 麻豆原创 solutions to automate business processes, enhance operational efficiency, generate business insights with a centralized financial data hub and integrate existing finance solutions to attain insurance industry compliance. The deployment included 麻豆原创 S\/4HANA (including Enterprise Management, Business Planning and Consolidation, Intelligent Robotic Process Automation), 麻豆原创 BusinessObjects, 麻豆原创 Analytics Cloud for Business Intelligence and 麻豆原创 Digital Access. This go-live deployment in Hong Kong follows the Generali Group\u2019s company-wide strategy to implement and integrate 麻豆原创 Financial Products Subledger solution around Asia.<\/p>\n

Arsh Kaumi, Chief Financial Officer, Generali Life (Hong Kong) said, \u201cGenerali Hong Kong always strives to be a pioneer in transformation. Our goal is to simplify operations and improve customer service. We achieved yet another milestone by implementing 麻豆原创. This eliminates manual tasks and reduces turn-around times by providing seamless integration with other systems. Our journey will continue by fully automating IFRS17 financial reporting, which will be one of the biggest changes in insurance accounting. The implementation was done in record time despite the challenges of Covid-19 and work from home arrangements. This can be attributed to excellent teamwork and a strong sense of shared responsibility for the delivery from our partner, 麻豆原创.\u201d<\/p>\n

\u201cThe digital economy demands companies to harness technology to be intelligent enterprises and provide the best customer experience in their chosen fields,\u201d said Fabian Padilla Crisol, Managing Director, 麻豆原创 Hong Kong. \u201cWith our next-generation ERP solution, S\/4HANA, and other technologies, Generali is in a position to generate real-time actionable financial analytics and incorporate innovation, such as machine learning, predictive insight and in-memory database, in its finance transformation. We look forward to supporting Generali Life to address evolving industry realities with data-driven insights and solidify its trajectory in its next phase of growth.\u201d<\/p>\n

###<\/p>\n

About Generali Hong Kong<\/strong><\/p>\n

Since the 1970s, Generali Hong Kong has enabled people to shape a safer future by caring for their lives and dreams. Over the years, we have come to understand the individual requirements of our customers, and are continuously adapting and innovating to meet their changing needs.<\/p>\n

Through our extended distribution network of over 300 brokers and intermediaries, we combine our local knowledge with Generali Group\u2019s global network and experience to design unique and innovative, yet straightforward and flexible life and general insurance solutions to ensure peace of mind for people in Hong Kong.<\/p>\n

About <\/strong>Generali<\/strong> Group<\/strong><\/p>\n

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with a total premium income of more than \u20ac 69.7 billion in 2019. With nearly 72,000 employees serving 61 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. Generali\u2019s ambition is to be the life-time partner to its customers, offering innovative and personalized solutions thanks to an unmatched distribution network.<\/p>\n

About 麻豆原创<\/strong><\/p>\n

As the Experience Company powered by the Intelligent Enterprise, 麻豆原创 is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world\u2019s transaction revenue touches an 麻豆原创\u00ae system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers\u2019 businesses into intelligent enterprises. 麻豆原创 helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want \u2013 without disruption. Our end-to-end suite of applications and services enables more than 440,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 麻豆原创 helps the world run better and improve people\u2019s lives. For more information, visit www.sap.com<\/a>.<\/p>\n

 <\/p>\n

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cforecast,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cpredict,\u201d \u201cshould\u201d and \u201cwill\u201d and similar expressions as they relate to 麻豆原创 are intended to identify such forward-looking statements. 麻豆原创 undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect 麻豆原创’s future financial results are discussed more fully in 麻豆原创’s filings with the U.S. Securities and Exchange Commission (“SEC”), including 麻豆原创’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.<\/h5>\n
\u00a9 2020 麻豆原创 SE. All rights reserved.
\n麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see https:\/\/www.sap.com\/copyright<\/a> for additional trademark information and notices.<\/h5>\n

 <\/p>\n

For more information, press only:<\/strong>
\nMr. Benson Chao, 麻豆原创 Hong Kong Director of Corporate Communications, +852 2539 1800, benson.chao@sap.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HONG KONG, May 29, 2020 \u2013 麻豆原创 Hong Kong today announced that Generali Life (Hong Kong) has successfully embarked on its finance transformation journey with…<\/p>\n","protected":false},"author":927,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[7771,7737],"tags":[53798,5550870],"sapn-display":[45149],"sapn-type":[4446],"class_list":["post-2010","post","type-post","status-publish","format-standard","hentry","category-customer","category-solutions","tag-s4hana","tag-sap-analytics-cloud","sapn-display-homepage-hero","sapn-type-press-release"],"yoast_head":"\nGenerali Accelerates Finance Transformation in Hong Kong with 麻豆原创 Solutions - 麻豆原创 Room 麻豆原创 Hong Kong<\/title>\n<meta name=\"description\" content=\"Generali Life (Hong Kong), a member of the Generali Group, has successfully embarked on its finance transformation journey with a range of 麻豆原创 solutions. Generali Group is one of the largest global insurance and asset management providers in the world, serving 61 million customers in over 50 countries with innovative insurance solutions and financial products. Generali Life selected 麻豆原创 solutions, including 麻豆原创 S\/4HANA, 麻豆原创 BusinessObjects, 麻豆原创 Analytics Cloud for Business Intelligence and 麻豆原创 Digital Access, as a key driver in its digital transformation to establish a robust and well-structured finance and data management infrastructure.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.sap.com\/hk\/2020\/05\/generali-accelerates-finance-transformation-in-hong-kong-with-sap-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Generali Accelerates Finance Transformation in Hong Kong with 麻豆原创 Solutions\" \/>\n<meta property=\"og:description\" content=\"Generali Life (Hong Kong), a member of the Generali Group, has successfully embarked on its finance transformation journey with a range of 麻豆原创 solutions. 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Generali Life selected 麻豆原创 solutions, including 麻豆原创 S\/4HANA, 麻豆原创 BusinessObjects, 麻豆原创 Analytics Cloud for Business Intelligence and 麻豆原创 Digital Access, as a key driver in its digital transformation to establish a robust and well-structured finance and data management infrastructure.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.sap.com\/hk\/2020\/05\/generali-accelerates-finance-transformation-in-hong-kong-with-sap-solutions\/\" \/>\n<meta property=\"og:site_name\" content=\"麻豆原创 Room 麻豆原创 Hong Kong\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-29T03:10:40+00:00\" \/>\n<meta name=\"author\" content=\"麻豆原创 Hong Kong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"麻豆原创 Hong Kong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.sap.com\/hk\/2020\/05\/generali-accelerates-finance-transformation-in-hong-kong-with-sap-solutions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.sap.com\/hk\/2020\/05\/generali-accelerates-finance-transformation-in-hong-kong-with-sap-solutions\/\"},\"author\":{\"name\":\"麻豆原创 Hong Kong\",\"@id\":\"https:\/\/news.sap.com\/hk\/#\/schema\/person\/743b3f5a294785a1d06a643ad55d0359\"},\"headline\":\"Generali Accelerates Finance Transformation in Hong Kong with 麻豆原创 Solutions\",\"datePublished\":\"2020-05-29T03:10:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.sap.com\/hk\/2020\/05\/generali-accelerates-finance-transformation-in-hong-kong-with-sap-solutions\/\"},\"wordCount\":967,\"keywords\":[\"S\/4HANA\",\"麻豆原创 Analytics Cloud\"],\"articleSection\":[\"Customer\",\"Solutions\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.sap.com\/hk\/2020\/05\/generali-accelerates-finance-transformation-in-hong-kong-with-sap-solutions\/\",\"url\":\"https:\/\/news.sap.com\/hk\/2020\/05\/generali-accelerates-finance-transformation-in-hong-kong-with-sap-solutions\/\",\"name\":\"Generali Accelerates Finance Transformation in Hong Kong with 麻豆原创 Solutions - 麻豆原创 Room 麻豆原创 Hong Kong\",\"isPartOf\":{\"@id\":\"https:\/\/news.sap.com\/hk\/#website\"},\"datePublished\":\"2020-05-29T03:10:40+00:00\",\"author\":{\"@id\":\"https:\/\/news.sap.com\/hk\/#\/schema\/person\/743b3f5a294785a1d06a643ad55d0359\"},\"description\":\"Generali Life (Hong Kong), a member of the Generali Group, has successfully embarked on its finance transformation journey with a range of 麻豆原创 solutions. 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