IBM has announced that The Union Bank of Colombo PLC is deploying SAP SuccessFactors Performance and Goals as their new performance management solution. IBM Global Business Services will support the Bank's vision to strengthen the performance culture, and to create a more conducive environment for managing and measuring performance. As a part of the implementation, Union Bank and IBM evaluated the existing talent management process and identified improvements that can be facilitated through the adoption of SAP Success Factors. IBM is implementing the solution for the Bank, which will provide a structure for the employee performance management process ensuring that employees receive timely direction, feedback and recognition needed to maintain high levels of performance. The solution combines strategic thinking, analytics and technology tools to help the Bank make more informed decisions and optimize the benefits of the performance management process.