IBM and SAP SE announced that SAP intends to onboard two of its finance and data management solutions to IBM Cloud for Financial Services to help accelerate IBM cloud adoption within the financial services industry. The collaboration will be designed to help the companies address the industry's stringent compliance, security and resiliency requirements, while supporting business transformation and innovation for financial services institutions. As banks and insurers balance the need to deliver innovative services and meeting the industry's strict security and compliance requirements, hybrid cloud environments have become increasingly important. To fuel industry-wide innovation, IBM introduced the IBM Cloud for Financial Services with built-in security and compliance controls that help companies reduce risk and regulatory barriers impeding IT landscape modernization, transformation, and innovation. IBM Cloud for Financial Services offers a highly secured, purpose-built environment for financial services institutions to transact with their technology partners and FinTechs. By onboarding to the IBM Cloud for Financial Services, clients can adopt onboarded SAP offerings, while addressing their regulatory and compliance standards. Supported by a growing ecosystem of more than 100 partners and FinTechs, the cloud platform is designed to speed customers' business transformations by addressing risk in the supply chain for financial institutions and unlocking new revenue opportunities. In the context of their ongoing partnership, IBM and SAP have helped hundreds of companies digitize their operations using an open, hybrid cloud approach. SAP intends to join IBM's ecosystem to deliver finance risk, operations, and total spend management offerings on the IBM Cloud for Financial Services. When onboarded, SAP's planned offerings on the IBM Cloud for Financial Services will provide financial services institutions, their partners and FinTechs with the following: SAP's intelligent suite, including SAP S/4HANA® solutions: With its intelligent enterprise framework, SAP provides integrated applications, intelligent technologies, and a digital platform designed to enable banks to better serve current customers. SAP's solutions for strategic data management, including SAP® Adaptive Server Enterprise, and SAP IQ software: Combining the strength of in-memory technology with these solutions, SAP offers a robust data platform to achieve business agility. SAP and IBM together have hundreds of clients and more than 5,500 individual products. The companies are focused on helping enterprises modernize their businesses and making the most of cutting-edge technologies.