SAP has announced that it will collaborate with banking and financial software specialist Callatay & Wouters. The two will work together to create an integrated banking system for mid-sized backs, based on SAP technology. The intention is to use an integrated platform to create an end-to-end core banking system that will unify core operational banking business processes.
The plan is to combine Callatay & Wouters’s core banking product, Thaler, with SAP’s banking-specific process platform and analytics capabilities. The resulting system will be available to banks on a global basis.