• Introduction to SAP FPSL, including overview, architecture, and core concepts
• Understanding FPSL components and their relationships
• System architecture, technical infrastructure, and integration points
• Master data setup and configuration of basic master data
• Understanding FPSL components and their relationships
• System architecture, technical infrastructure, and integration points
• Master data setup and configuration of basic master data
• Defining and modeling financial products and instruments
• Creating and managing product catalogs and hierarchies
• Configuring the business rules engine
• Pricing models and condition techniques
• Creating and managing product catalogs and hierarchies
• Configuring the business rules engine
• Pricing models and condition techniques
• Understanding the contract lifecycle process
• Creating and managing financial contracts
• Managing contract modifications and amendments
• Contract settlement and closure processes
• Creating and managing financial contracts
• Managing contract modifications and amendments
• Contract settlement and closure processes
• Subledger accounting within FPSL
• Integration with the General Ledger (GL)
• Regulatory and compliance reporting
• Financial statement preparation including balance sheets and profit & loss statements
• Integration with the General Ledger (GL)
• Regulatory and compliance reporting
• Financial statement preparation including balance sheets and profit & loss statements
• Risk identification and assessment methods
• Credit risk management and counterparty analysis
• Market risk management including interest rate risks
• Operational risk management and control processes
• Credit risk management and counterparty analysis
• Market risk management including interest rate risks
• Operational risk management and control processes
• Integration with other SAP modules and systems
• External system interfaces and third-party integrations
• Data migration from legacy systems to FPSL
• API management including REST and SOAP web services
• External system interfaces and third-party integrations
• Data migration from legacy systems to FPSL
• API management including REST and SOAP web services
• System administration including user management and configuration
• Performance monitoring and optimization
• Error handling and troubleshooting techniques
• Batch processing and background job scheduling
• Performance monitoring and optimization
• Error handling and troubleshooting techniques
• Batch processing and background job scheduling
• Valuation methods such as fair value and amortized cost
• Interest calculations and accrual methods
• Multi-currency handling and currency conversion
• Impairment testing and provisioning calculations
• Interest calculations and accrual methods
• Multi-currency handling and currency conversion
• Impairment testing and provisioning calculations
• Configuring business workflows and approval processes
• Authorization and role-based access management
• Document management and version control
• Audit trail management and compliance tracking
• Authorization and role-based access management
• Document management and version control
• Audit trail management and compliance tracking
• Managing complex financial products such as structured products and derivatives
• Portfolio management and product grouping
• Cross-product netting and offsetting capabilities
• Scenario planning and what-if analysis
• Portfolio management and product grouping
• Cross-product netting and offsetting capabilities
• Scenario planning and what-if analysis
• Compliance with IFRS (International Financial Reporting Standards)
• Basel III regulatory requirements for banking
• Solvency II framework for insurance companies
• Local GAAP compliance for country-specific accounting standards
• Basel III regulatory requirements for banking
• Solvency II framework for insurance companies
• Local GAAP compliance for country-specific accounting standards
• Unit testing strategies for individual components
• Integration testing for end-to-end processes
• User acceptance testing with business users
• Go-live support including cut-over planning and post-implementation assistance
• Integration testing for end-to-end processes
• User acceptance testing with business users
• Go-live support including cut-over planning and post-implementation assistance
