Callataÿ & Wouters has partnered with Deutsche Börse Systems to deliver Thaler on SAP, the vendor’s core banking system, to the German market as a software-as-a-service (SaaS). For the first time in Germany, Callataÿ & Wouters and Deutsche Börse Systems will offer a ‘bank in a box’ solution suitable for retail, corporate and private banks.
The agreement builds on the successes of Callataÿ & Wouters’ partnership with Clearstream Services, another Deutsche Börse subsidiary, in Luxemburg where the partners secured several joint deals including one with Dresdner Bank.
Michael Stremel, head of section z/OS and CSD/exchange back office operations, Deutsche Börse Systems, said: “In this difficult economic climate, banks that realise operational excellence and cost efficiencies in their IT will be in the best position to achieve a competitive advantage. This is, however, not always an easy path to follow. To help banks address this challenge, we partnered with Callataÿ & Wouters who will support us in better servicing our new and existing customers by providing them with the most comprehensive portfolio of SaaS solutions in Germany.”
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