SAP Fioneer was launched in 2021 as a joint venture between the global technology company SAP and the entrepreneurial investor Dediq. The company's mission is to accelerate innovation in the financial services industry (FSI) by building on SAP's world-class technology and FSI solution portfolio. They develop and provide open, configurable, and scalable solutions for core banking, core insurance, and specific finance sectors, enabling customers to streamline operations, adapt to new regulations, and meet evolving customer expectations in a digital-first world.