Delta Lloyd Bank first went live with Thaler in 2004 to manage its securities, lending and payments processing. In 2007, the bank began its selection process for an integrated platform that could also replace its existing accounting system, and improve the efficiency and accuracy of its accounts reconciliation process. In addition, it sought to extend its core banking system to support its deposits, loans and treasury operations. Based on the strength of the existing relationship and the satisfaction with the benefits obtained so far, the bank turned to CallataÃ¿ & Wouters and signed the deal for the enhanced deployment of Thaler in June 2008.
In 2007, CallataÃ¿ & Wouters signed a strategic deal with SAP to deliver Thaler on the SAP platform and integrate it with SAPâs solutions for finance and risk management. The bank will implement SAPâs general ledger, bank analyser and business intelligence components, which are pre-packaged with Thaler, along with Thalerâs modules for deposits, loans and treasury processing. With an integrated end-to-end solution, the bank will benefit from a full audit trail from general accounting to operational data, consistency and traceability of data across the whole banking application and effective support for strategic decision-making.
Thaler is a scalable core banking system that includes functionality for deposits, loans, securities, treasury and payments as well as multi-channel distribution modules. It is designed to run either as an end-to-end solution, covering the entire range of core banking activities, or on a modular basis to support individual lines of business.
SAP and CallataÃ¿ & Wouters bring together the strength of SAPâs flexible and agile platform and analytical banking solutions along with the expertise and capabilities of CallataÃ¿ & Wouters, providing banks with a solid IT foundation.