Callataÿ & Wouters and partner Clearstream Services S.A., a subsidiary of Deutsche Börse AG, have won for the second time ‘Best Business Application’ in the annual IT One Awards for their joint Thaler Wealth Management on SaaS offering. Selected by a panel of 50 CIOs from the financial services industry in Luxembourg, the solution was noted for having the benefits of best-of-breed core banking solution, without the risks and long timeframes involved in a full system replacement. Having entered the successful partnership in 2006, Callataÿ & Wouters and Clearstream Services S.A., have since secured several joint deals for the solution including one with Dresdner Bank.