Teradata Customers Recognized for Best Practices Leadership in Finance and Operational Performance Management in 2007 - 11/6/2007
Ventana Research evaluates company case studies, names finalists and winners
DAYTON, Ohio — Teradata Corporation (NYSE:TDC), the global leader in enterprise data warehousing, announced that RBC Financial Group (Canada) was named a winner, with Teradata, in the Ventana Research 2007 Performance Management Leadership Awards program. The program recognizes organizations that have demonstrated leadership in orchestrating people, processes, information and technology for optimal business impact.
RBC Financial Group was named the Finance Performance Leadership Award winner, using a Teradata Warehouse® in its successful initiative to build an extensible, scalable BASEL II compliance solution. RBC augmented a series of key data management strategies consistent with BASEL II requirements, ensuring effective management of BASEL II data throughout its lifecycle, from architecture to capture. These strategies — which include data quality, data integration, data architecture and metadata management — ensure compliance while keeping costs to a minimum.
Among other business benefits, this solution allowed RBC to avoid millions of dollars in standards and data management process costs and will improve the bank's management of risk and regulatory capital reserves. RBC has been a Teradata solutions customer for more than a decade and has leveraged Teradata solutions to become a globally recognized leader in the enterprise data warehousing and data management space
NCR Corporation, recognized as a finalist in the Ventana Research category Operational Performance Leadership, uses a Teradata Warehouse for operational and financial management.
"The Performance Management Leadership Awards highlight companies that exemplify leadership and show the value of successfully adopting best practices to improve performance," said Mark Smith, chief executive officer, Ventana Research. "The nominations this year were phenomenal. These organizations in particular are to be congratulated for aligning business and IT to accelerate growth and improve their competitiveness."
"We congratulate RBC Financial Group and NCR for their recognized best practices in financial, business and IT performance management," said Jeff Lovett, director of Teradata Finance and Performance Management solutions marketing. "The fact that Teradata customers continue to be recognized as award winners and finalists in this and other award programs speaks volumes about the kind of company that chooses Teradata."
Enterprise Data Warehouses produced by Teradata analyze business operations to drive better, faster decisions by providing a complete view of the business and the agility to create a sustainable competitive advantage. Teradata provides integrated, optimized and extensible technology for a single, application-neutral repository of a company's current and historical data, forming the framework of the business intelligence architecture.
The latest data warehouse release, Teradata 12.0, includes advanced features such as high-performance parallel database technology, a cost-based optimizer, a sophisticated mixed-workload management tool, a full suite of data access and management tools and data mining software. Teradata 12.0 enables organizations to achieve Active Enterprise Intelligence by building on the strengths of an enterprise data warehouse, helping our customers to deliver strategic and operational intelligence in a single system. Teradata shipped the first data warehouse in 1984.
To learn more about the Ventana Performance Management winners and finalists, please visit this web site: www.ventanaresearch.com/resources/resources.aspx?id=2414
About About TeradataTeradata Corporation (NYSE: TDC) is the world's largest company focused on raising intelligence through data warehousing and enterprise analytics. Teradata is in more than 60 countries and on the web at www.teradata.com.
Share this post: