
Outsourcing and hosting is a growing trend in the banking IT space. Numerous banks have started revisiting their value chain. They have decided to focus on their core competencies and outsource their non-core - but nevertheless mission-critical - operations to best-in-class service providers. The joint offering of infrastructure and software, whether in a business process outsourcing (BPO) mode or a 'Software-as-a-Service' (SaaS) approach, has become a compelling and viable option. A rapidly growing number of BPO and SaaS providers have combined Thaler with their service offer.
Netherlands-based service provider Ordina BPO, for instance, runs the processes and IT of several banks in a hosted model. Handling the operations of diverse financial institutions on one single instance of Thaler, it can offer significant TCO advantages to each individual bank.
Thaler SaaS (software as a service) is a complete, hosted banking solution that combines proven core-banking functionality from Callata˙ and Wouters with robust infrastructure, competencies, methods, and tools from international experts such as Luxembourg's Clearstream Services. The result is a best-of-breed solution for IT outsourcing that provides a high level of professional support. State-of-the-art technology, compliance support, and operational excellence let you dedicate your in-house resources to improving the most important parts of your business: your products and services. The easy-to-implement solution can also limit your investment risk.
Thaler SaaS gives you:
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