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ABN AMRO Selects Teradata Data Warehouse

Originally published February 22, 2006

Teradata, a division of NCR Corp., is a global technology provider in enterprise data warehousing, analytic applications and data warehousing services. The company has been selected by ABN AMRO to support the development of consumer businesses in Asia.
 
ABN AMRO has 3,000 branches in more than 60 countries. Several financial services, in particular credit card and VIP banking, have driven rapid growth for ABN AMRO in Asia. In light of a successful history of rapid growth in all markets across the region, the banking giant foresees significant growth opportunities on this continent.
 
ABN AMRO’s regional data warehouse will be primarily used for customer relationship management, customer revenue analysis and monitoring of credit risk metrics. 
 
Prior to the partnership with Teradata, ABN AMRO’s operational data store and disparate data mart architecture resulted in high maintenance costs, and consistency problems for business users.
 
With Teradata’s help, ABN AMRO will integrate all data across its Asia branches to meet the bank’s need for data consistency .This will enable the development of a consistent multinational view of its business.
 
The new integration will enable the bank’s Hong Kong headquarters to view the region’s total business and the performance of each individual country’s business. Each country will now have a view of its own data.

“To better serve our customers and fulfill the needs of the company's marketing management and risk control, we need a robust decision support platform. After a thorough vendor evaluation process, we decided to work with Teradata to deploy our data warehouse and CRM solution,”said Jim Brown, Head of the Asia Consumer Client Segment of ABN AMRO.

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.