SAP Fioneer releases AI agent

Finextra

a day ago

SAP Fioneer, a leading global provider of financial services software solutions and platforms, today announced the launch of its AI Agent: an expert-built solution designed to intelligently enhance core operations of financial services institutions.
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The first release of the Fioneer AI Agent lays the foundation for banks and insurers to automate processes, gain real-time insights, and make smarter decisions using natural language and without the need to share data externally.
The Fioneer AI Agent is generally available now as an add-on for SAP Fioneer S/4HANA products in Banking, Insurance, and Finance. By leveraging the suspense account analysis, finance teams can generate complex reports using natural language, significantly reducing manual effort, improving operational efficiency, and achieving considerable time savings.
'Our approach to AI-powered financial services focuses on delivering tangible outcomes to our customers in two ways: Embedded directly into our products and solutions or, via our AI Agent, operating across our portfolio as a powerful add-on', said Dirk Kruse, CEO at SAP Fioneer. 'Unlike generic AI tools, the Fioneer AI Agent comes pre-configured to integrate seamlessly with Fioneer's products and future data models and is engineered with deep expertise for the financial services industry.'
The Fioneer AI Agent delivers intelligence that is integrated into SAP Fioneer's banking, insurance, and finance solutions, offering contextual, transparent, and actionable use cases without the need for custom development and heavy IT dependance. It empowers financial professionals to interact with data using natural language, eliminating reliance on IT teams and accelerating time to value. Designed for flexibility, the Fioneer AI Agent supports bring-your-own-LLM strategies as well as SAP BTP AI Core LLMs and will integrate with SAP Joule and other agents such as Microsoft Copilot. Integrated and aligned with the SAP strategy, it ensures full compliance with data privacy and auditability standards, making it a trusted solution for institutions seeking to scale AI responsibly and effectively.
Fioneer's AI Agent is developed in alignment with industry-standard AI ethics frameworks, ensuring fairness, transparency, and human oversight.