Callataÿ & Wouters Launches Internet Banking Solution

Stephen Harris

11 August 2008

Callataÿ & Wouters, a provider of core banking and multi-channel distribution solutions, has launched Thaler Direct Savings Bank, its front-to-back office internet banking solution.

The solution enables banks to implement internet banking facilities in as little as four months, according to the company. It says that with the solution banks can allow customers to be more self-sufficient while achieving high levels of operational efficiency with the straight through processing of orders.

With customers managing and servicing all aspects of their accounts independently, banks can streamline customer interaction, allowing them to minimise overheads and pass on considerable incentives and savings. Banks can also benefit from pre-tailored country-specific capabilities to meet local regulatory and reporting requirements, facilitating the swift expansion into additional territories.

Callataÿ & Wouters developed Thaler Direct Savings Bank as a result of its work with Rabobank International Direct Banking, the internet retail banking division of the Dutch Rabobank Group

Banks can install Thaler Direct Savings Bank either on their own servers or through a Software as a Service model to further reduce ongoing costs. The system is an extension of Thaler, the company’s flagship core banking system, and includes functionality for deposits, loans, securities, treasury and payments as well as dedicated front-office modules such as an intuitive user interface.