SAP and finance software specialist Callataÿ & Wouters have announced a collaboration to offer an end-to-end core banking platform for midsized banks based on SAP software and technology.

The strategic collaboration will deploy Callataÿ & Wouters’ core banking product “Thaler” and SAP analytics capabilities on a business process platform for banks globally.

“The success of our customers was top-of-mind when we formed this partnership. We believe this collaborative effort will make our customers more agile, more efficient and better able to compete in today’s demanding market, ” said Marc De Groote, CEO of Callataÿ & Wouters.

Léo Apotheker, deputy CEO of SAP, said: “Through this collaborative effort, banks will be able to tap into the business value of SOA delivered by the business process platform from SAP.”