SAP today announced that Citi’s Treasury and Trade Solutions has subscribed to SAP Financial Services Network (FSN), which provides secure communication for transactions between corporations and their financial institutions.
With SAP’s 2012 acquisition of Ariba, the supplier network which connects 730,000 buyers and suppliers, the FSN becomes a very compelling story, said Russ Wainwright, global head of financial services for SAP during a presentation at Sibos last month.