Callataÿ & Wouters, a provider of core banking and multi-channel distribution solutions, announced the signing of a contract.
Callataÿ & Wouters jointly secured the deal with its partner Logica after surpassing leading industry vendors during the selection process. Building on the existing relationship with Banque de La Poste, which has been using Thaler along with in-house built software for more than 10 years, Callataÿ & Wouters will now provide the bank with an integrated end to end flexible platform to replace the existing systems.
Founded in 1995 from a joint partnership between La Poste and Fortis Bank, Banque de La Poste is an established Belgian bank with over 1.2 million customers and more than 650 branches across the country. Banque de La Poste offers a wide range of retail services including current accounts, savings & investment products and insurance.
To further enhance the security and accessibility of its system and to improve the consistency of its clients’ experiences, Banque de La Poste was looking for a solution able to replace the existing systems and provide an end-to-end integrated platform. To meet these requirements, Callataÿ & Wouters and Logica will jointly implement Thaler on SAP including the customer management, deposits, securities, payments, e-banking, branch interfaces and SAP Accounting & Business Intelligence modules. As part of the implementation process, Callataÿ & Wouters and Logica will also work with Banque de La Poste to establish new and more cost-efficient banking best practices. In addition, Callataÿ & Wouters’ strong presence in Belgium means that through its extensive regional knowledge and deep understanding of local regulations Thaler on SAP can also better address existing and upcoming Belgian regulatory requirements.
Banque de La Poste selected Callataÿ & Wouters on the strength of the existing relationship with the vendor in June 2009 after a thorough seven month selection process. The bank is scheduled to go live with Thaler on SAP in Q1 2011.