Callataÿ & Wouters presents brilliant results for 2006 and further reinforces its status as a global player in IT solutions for banking

20 March 2007

Callataÿ & Wouters, the Belgian specialist in IT solutions for banking has revealed brilliant results for the year 2006. With a progression of almost 20% in turnover, and 25% in net profits, the company confirms it is in excellent health. From New Zealand to Amsterdam, Paris and Dubai, sustained commercial activity ensures a prosperous future for C&W. Indeed, in 2006, no fewer than eleven new clients chose the Thaler software package. These are remarkable figures for this very specific business sector.

The year 2006 yielded a record turnover of 46.36 million euros, which is an increase of almost 20% compared to the previous year. The result before tax progressed in the same way, reaching 6.1 million euros (+12.8%).

These remarkable results are the fruit of sustained commercial activity, which resulted in a record number of new clients during the past year. Indeed, no fewer than eleven banks worldwide opted for the Thaler software package. Callataÿ & Wouters now proudly exports its know-how as far and wide as New Zealand, Amsterdam, Dubai and Paris.

One example is the Rabobank group, which has confirmed the status of Callataÿ & Wouters as its strategic partner, launching a fourth Internet bank this year (the country in which it is being launched is currently kept secret). Also worthy of note is a contract established with the Dutch company Ordina, which aims to offer banks in the Netherlands a BPO (Business Process Outsourcing) service, using the Thaler solution. Four of these are already being installed. Again in the Netherlands, Bizner Bank (also a member of the Rabobank group) launched its Internet banking activities for SMEs using Thaler.

The NEPB Bank (a member of the Crédit Mutuel group) is about to become the first bank equipped with Thaler in SaaS (Software as a Service) mode. This deal constitutes a rapid successful outcome of the partnership signed in Luxembourg with Clearstream Services, aiming to introduce this full and integrated offer of services into the market. In France, BNP Paribas bank decided to equip itself with Thaler z/OS (the version developed by Callataÿ & Wouters for IBM's Mainframe environment) in order to implement a new detailed accounting for its loans.

The full satisfaction of its existing clients is also part of the success of Callataÿ & Wouters. Numerous new projects have been carried out for these banks, illustrating the confidence they have placed in us, sometimes over many years. “This satisfaction is due to our strong sense of commitment and our total respect of budgets, deadlines and quality,” highlights Didier de Callataÿ, CEO.
He adds: “Our solutions are modern and reliable, and these factors are also sources of satisfaction for our clients. This is the result of very significant investments in R&D; more than 25% of our staff design and develop the solutions of tomorrow. Major technological changes are centred around a new SOA (Service Oriented Architecture) based on Java technologies. In addition, our functional standby enables our clients to deal rapidly with the challenges of the SEPA (ed.: Single European Payment Area) or the MiFID (ed.: Markets in Financial Instruments Directive).”

The new developments do not stop at these directives. In particular, the Belgian editor has developed a special offer for private bankers. The Thaler Wealth Management version was launched as a reaction to observations made in the Luxembourg and Geneva markets, which revealed that there was a real need for a solution suited to this type of business, on both a functional and technical level.
Callataÿ & Wouters currently employs more than 400 people in 12 countries throughout the world. Recruitment continues at a steady pace, in order to meet the growing needs of clients. Ongoing training and personalised management are the foundations of the company's human resources policy.

Finally, as part of the expansion of its commercial activity, Callataÿ & Wouters opened a branch in Dubai last September.

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