SAN DIEGO and PARIS, Nov. 17, 2011 /PRNewswire/ -- Teradata Corporation (NYSE: TDC), the world's leading analytic data solutions company, today announced that Credit Agricole Technologies, the IT division of the largest retail bank in France and one of the largest banks in Europe, has selected Teradata to integrate the business intelligence systems of its 39 regional banks in order to reduce costs and better serve its 24 million customers.
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"Teradata's capacity for handling large volumes of data and processing information rapidly represents a significant advantage for our project and will help us achieve our goal of unifying the Group's information system to enhance customer relationship management," says Jacques Delort, vice president, CA-Technologies.
Credit Agricole Technologies' objective is to develop a more flexible, straightforward and open customer relationship management program. To support this objective, the Teradata Active Data Warehouse will scale to 120 terabytes of data and enable simultaneous accesses for vastly different workload types and data-access needs, such as batch processing, complex queries, tactical queries, and ad hoc queries, all while guaranteeing the high standard of service that internal users demand. This is possible because all the data are centrally collected and available at the "right time" to all banking groups from the individual business unit up to the holding company.
"We are committed to supporting the business intelligence initiatives of Credit Agricole," says Hermann Wimmer, president, Europe, Middle East and Africa (EMEA) Region, Teradata. "With the Teradata Active Data Warehouse, Credit Agricole is putting its customers at the heart of the Group's information system, providing customers with better service. In addition, the bank is able to make smarter decisions and develop a range of financial products and services that meet their customers' needs."
The Teradata Active Enterprise Warehouse provides lightning-speed performance and integrates the latest innovations from Teradata Labs which combines solid state drives and hard disk drives technology. Based on the ground-breaking concept of "data temperature," Teradata Virtual Storage intelligently migrates the most frequently used "hot" data to the fastest, solid state storage for breakthrough levels of performance. Teradata Professional Services will support deployment which is to be progressively rolled out through 2015.
About Credit Agricole Technologies
Credit Agricole Technologies, along with Credit Agricole Services, were established in March 2010 as part of the NICE (Nouvelle Informative Convergente et Evolutive) project to develop a new unified, scalable information system for the Group's regional banks). The mission of the NICE project is to build a unified information system that incorporates a customer-centric platform capable of supporting multi-channel delivery of the Group's products and services.
About Teradata
Teradata (NYSE: TDC) is the world's leading analytic data solutions company focused on integrated data warehousing, big data analytics, and business applications. Teradata's innovative products and services empower organizations to integrate, analyze and profit from data for competitive advantage. Visit teradata.com for details.
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