Thứ Ba, 4 tháng 4, 2017

SAP Startup Focus Member Meteo Protect Honored for Risk Management App Built on SAP HANA

WALLDORFSAP SE (NYSE: SAP) today announced that Meteo Protect has been recognized by Celent as a Model Insurer for its work in the Data Mastery and Analytics Category.

Celent is a global research and advisory firm for the financial services industry. Meteo Protect was recognized for its weather risk management application, Vivaldi, built on the SAP HANA platform.

“We are delighted to see Meteo Protect recognized as a Celent Model Insurer and grateful for the support of the SAP Startup Focus program in our continued success,” said Gabriel Gross, President and CEO, Meteo Protect. “Clients are more and more demanding; they want more refined structures, as bespoke as possible, and the complexity of what we do is increasing. We have found that with SAP HANA, whenever we need to initiate a new product or service, the commissioning is extremely fast and reliable.”

Meteo Protect created Vivaldi, an app that allows insurers to select their policy specifications, including geolocation, coverage period, and weather parameters, and then uses SAP HANA to aggregate weather-related data, analyze risks, and price and underwrite the policy — all in real time.

Meteo Protect is an insurance and reinsurance underwriter and broker that has the largest team in Europe dedicated to weather risk management. Meteo Protect provides businesses and institutions anywhere in the world index-based financial covers to protect them when the weather impacts their results.

Celent’s annual Model Insurer Awards recognize the best practices of technology usage in different areas critical to success in banking/insurance. Nominations are submitted by financial institutions and technology vendors, and undergo a rigorous evaluation process by Celent analysts. Initiatives must be live to be considered. Celent judges submissions on three core criteria: demonstrable business benefits, the degree of innovation relative to the industry, and the quality of the technology or implementation excellence.

For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.

Media Contact:

Dana Dye, +1 (415) 928-1310,, PT

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 “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP 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 SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’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.
© 2017 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see for additional trademark information and notices.

via SAP News Center

Không có nhận xét nào:

Đăng nhận xét