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SAP NEWSBYTE – July 07, 2010 – Banco Galicia, the largest private sector bank in Argentina, is using SAP® for Banking solutions to improve its business processes centered on generating new products and services to bring added value to its customers.

The first phase of the multi-phase project was completed on budget, on time and with results that exceeded the bank’s expectations. Banco Galicia believes that by implementing SAP software it has brought about a profound change in several of its processes, thus helping to reinforce service delivery and further boost customer satisfaction.

The objective of the project is to integrate SAP for Banking solutions with Banco Galicia’s legacy systems to streamline processes for generating new product and services for its customers. The bank aims to achieve rapid return on investment (ROI) and reduce its IT infrastructure costs with standardized, banking industry-specific SAP software. It also seeks to capitalize on the expertise and developments resulting from SAP engagement with banks in other highly competitive financial markets.

Watch a video to hear directly from Banco Galicia Chief Operating Officer Miguel Peña about the SAP project: