SAP SE announced a new release of the financial services accelerator for the SAP® Hybris® Commerce solution, enabling banks and insurance companies to offer customers a faster and easier experience opening checking accounts, applying for loans, obtaining insurance policies and many other services either in person, online or on mobile devices. Customers such as ATB Financial, Kaspi Bank and MyDeposits rely on SAP Hybris solutions for the financial industry. SAP partnered with msg global solutions ag, a financial service product and solutions integrator, and NETCONOMY, an e-commerce specialist, to deliver the enhanced solution through msgNETCONOMY, a joint venture dedicated to implementing SAP Hybris solutions. With a highly extendable and adaptable data model, consumer-facing processes can be streamlined, improving the customer experience and increasing return on investment. The new release also includes preconfigured storefronts that offer real-time personalization based on customer preferences and history to enable a compelling experience. In addition to streamlining processes for financial institutions, the accelerator offers best-of-breed capabilities from SAP Hybris Commerce, including unification of data from disparate systems and easy integration with SAP or third-party platforms to get customers up and running quickly. The new version of the financial services accelerator contains the following enhancements: Co-browsingcapabilities allow bankers and insurers to see the same information as their customers and assist them as they complete online transactions (similar to in-person interactions), which reduces application abandonment and increases customer satisfaction. Side-by-side product comparison allows customers to easily compare products and services. Template forms for product applications allow bankers and insurers to quickly react to regulatory, product or other changes and provide their customers access to the most current application when applying for insurance and banking products.