December 12, 2008

Brussels-based FRSGlobal, a provider of risk and regulatory compliance solutions with coverage for more than 30 countries on a unified platform is partnering with Callata & Wouters (Brussels), a provider of software applications and IT services for the financial sector.

Thaler, Callata & Wouters' solution, provides international banks with a scalable, end-to-end banking solution that promotes excellence in customer service, operations and risk management and will support an interface to integrate the leading FRSGlobal regulatory compliance solution within the Thaler product suite.

Thaler can be run either as an integrated end-to-end solution to cover the entire range of core banking activities or on a modular basis to cover individual lines of business. Thaler is installed in more than 40 banks in 15 countries.

Callata & Wouters will promote the FRSGlobal regulatory reporting solution to existing clients and in new business opportunities as a Referral Partner " supported by FRSGlobal direct sales.