Major Financial Services Division in Luxembourg Implements Callatay and Wouters System

Go-Live of Thaler and SAP for Multi-Channel Banking
By None

Callata & Wouters, a provider of core banking and multi-channel distribution solutions, has announced that financial services division of P&T Luxembourg has implemented Thaler on SAP, a modular, scalable and highly flexible platform for retail banking.

P&T Luxembourg is the leading postal and telecommunications services operator in Luxembourg and offers a range of financial services, including an e-banking solution.

P&T Luxembourg chose Callata & Wouters Thaler on SAP as part of its plans to modernize and automate its core banking infrastructure thus enabling it to offer its customers a much improved multi-channel banking experience.

The implementation of Thaler on SAP will enable P&T Luxembourg to better service existing customers and attract new ones through online transaction channels, such as the internet and eventually mobile, while also reducing the actual cost of transactions. In addition, the new banking platform will allow P&T Luxembourg to launch new products to the market more quickly and easily, while also achieving an effective total cost of ownership.

Crucially, Thaler on SAP meets P&T Luxembourgs current needs as well as being sufficiently flexible to adapt to the organizations future requirements as the local retail banking landscape evolves. Thaler on SAP is fully integrated with all P&T Luxembourg business applications, which makes it the central key component of the Financial Services Division. The CCP-Connect (e-banking) interface provides an enhanced banking experience.

(LB)

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