Callata & Wouters and the banking software division of IT consultancy Sopra Group have signed an agreement to integrate the two firms into a single company offering solutions to the financial industry.
Callata & Wouters is known for its Thaler solution, a core banking solution offered to corporate banks and investment firms as well as retail banks, credit institutions, holdings and insurance companies. Sopras Evolan suite is a similar product offered to financial services firms.
The combined size, expertise, customer base and know-how of the new company will allow us to achieve a strong, strategic leadership position in Europe, says Marc De Groote, CEO of Callata & Wouters. Our expanded scope, including a workforce of 1.200 people and an aggregate reference list of hundreds of customers around the world, will also enable us to serve our clients better.
The two firms are focusing on integrating the synergies between Thaler and Evolan and will release further details in the future.
De Groote will be one of the principal directors of the new entity, and Callata & Wouters’ founders Didier de Callata and Godefroid de Wouters will be part of the new board of directors.
(CG)