Commerzbank Digital Transformation Initiatives

About the Customer

Commerzbank AG is a German banking and financial services company based in Frankfurt, Hesse, Germany.

Commerzbank is Germany's fourth-largest bank by total assets. The bank is present in more than 50 countries around the world, although primarily provides services in Germany and Poland. As of 2018, it provides almost a third of Germany's trade finance and the German state is the largest shareholder with a 15% stake.

Scope and Challenges

For Private and Small Business Customers as well as Corporate Clients, the Bank offers a comprehensive portfolio of financial services. Commerzbank AG started its digital transformation at the end of 2016 by implementing SAP SuccessFactors HCM Suite (Employee Central, Talent, Performance & Goals, Learning, Compensation) for 48743 users.​​​​​​​
Outcome and Implications

Later on, two new products have reached on the technology portfolio of the company, SAP Bank Analyzer and SAP Accounting for Financial Instruments both powered by SAP HANA Cloud Platform

Frankfurt, 60311 , x
Industry Employees Revenue
Banking and Financial Services Subscribe Subscribe

Enterprise Software and Cloud Applications Purchased by Commerzbank

Vendor Old Product New Product Function Market Users VAR/SI When Live
Kyriba Legacy Applications Kyriba Treasury Treasury and Risk Management TRM n/a n/a 2005 2005
Subscribe Subscribe Subscribe Human Capital Management HCM Subscribe Subscribe 2017 2017

IT Decision Makers and Key Stakeholders at Commerzbank

First Name Last Name Title Email Phone
Subscribe Subscribe Managing Director Human Resources Subscribe Subscribe
Subscribe Subscribe Head of GM-HR Shared Service Center Subscribe Subscribe
Subscribe Subscribe Deputy CFO Subscribe Subscribe
Subscribe Subscribe Managing Director, Global Head of Corporate Communications Subscribe Subscribe