This growth was driven by 12 new client deals -- the product of a strong commitment to research and development, new business partnerships, and the continued dedication of their highly motivated staff.

"To create innovative products, trim costs, and meet their compliance requirements, banks need core banking systems that are efficient, scalable, and robust," says Callataÿ & Wouters CEO Marc De Groote. "We are helping banks create such environments by introducing service-oriented architecture, building strong partner relationships, and maintaining a dedicated and highly trained staff."

During fiscal year 2010, new client wins with Argenta Netherlands, ASR Bank, and two other banks expanded the Callataÿ & Wouters footprint in the Netherlands. BPER and a large German financial group added new customers in Luxembourg. Additional deals were signed in the United Kingdom involving the Callataÿ & Wouters software-as-a-service offering, and further business development is underway in the Philippines, Malaysia, Eastern Europe, and China.

Underpinning these sales were several years of investment into research and development that produced the core-banking support banks need to meet the many challenges they face today. During the year, Callataÿ & Wouters finalized delivery of Thaler New Generation -- a state-of-the-art, platform-independent solution that combines service-oriented architecture (SOA) with multi-channel delivery. Callataÿ & Wouters continued to work with BIAN (Banking Industry Architecture Network) to further enhance its Thaler Enterprise Architecture. It also enriched its mainframe Thaler on z/OS offering.

New partners added during fiscal 2010 include HCL Technologies (a global partner), VanceInfo in China, Indra in The Philippines, TeamWork Management in Switzerland, Cap Gemini in The Netherlands, and Clearstream in Germany.

"We also expanded local ties with IBM into a more comprehensive global relationship," De Groote says. "In addition, we continued our move towards increased industrialization, enhanced partner training and documentation, and introduced a portal for partners that will give them access to sales and marketing resources."

To support its new deals, Callataÿ & Wouters significantly increased recruitment efforts for top candidates across the globe, while continuing to offer a wide range of programs for motivating our staff, improving their professional credentials, and enhancing inter-company communications.

"Thanks to healthy and careful financial management, state-of-the-art solutions, partnerships with worldwide leaders, and a growing staff of highly skilled professionals, we are perfectly positioned for further market advances," De Groote adds. "These strengths have been recognized by the market, helping us add to our Leader status in the Gartner Magic Quadrant 2010 for international retail banking systems."