April 21, 2009 – Fitch Group, parent company of Fitch Ratings, Fitch Solutions, and Algorithmics implement the SAP Business All-in-One solution to enhance and integrate financial reporting capabilities throughout its global organization. To support and enhance its worldwide operations, the Fitch Group will replace its legacy software in each of its companies with SAP Business All-in-One and provide a standard global platform for financial reporting and compliance-related processes.

"Fitch Group companies operate around the world and in a variety of languages and currencies," said David Weinfurter, managing director, Fitch Group. "SAP and IDS Scheer demonstrated a clear understanding of our operations and provided a solution that meets all of our requirements. The scalability and unique multi-currency and multi-language capabilities of SAP Business All-in-One will enhance our visibility into our global operations."

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