November 19, 2012 | WARSAW, Poland and SAN DIEGO, Calif.
Bank Zachodni WBK Deploys Teradata Data Warehouse to Drive Growth in Poland
Bank to better understand and dynamically react to customers, regulators, and market risks
Teradata (NYSE:TDC), the leading analytic data solutions company, today announced that the third largest bank in Poland, Bank Zachodni WBK (BZ WBK), has decided to deploy a new Teradata Active Enterprise Data Warehouse to support its business growth. The new data warehouse will enable the bank to expand its customer base, enhance management reporting, better manage risk, and comply with future Basel regulations.
"BZ WBK sees the opportunity for further growth in the Polish market and the new Teradata platform will offer the bank a stable, high-performance foundation," said Patryk Nowakowski, director Information Management Centre of Competence at BZ WBK. "The bank’s investment in Teradata technologies improves its ability to understand and dynamically react to customers, regulators, and market risks."
The Teradata Active Enterprise Data Warehouse with the Teradata Database is flexible enough to grow as the bank grows. Teradata will also offer BZ WBK real-time performance for a range of applications – from reporting to advanced business analytics.
"The Teradata warehouse will integrate all data from throughout the bank and will provide a global view of the banking operations for the best decision possible. In an ultra-competitive financial environment, BZ WBK knows that leveraging data is a key differentiator," said Marek Rudnicki, managing director, Teradata Poland.
Bank Zachodni WBKBank Zachodni WBK is one of the biggest and most modern banks in the Polish market and a winner of 2012 Euromoney Award for Excellence as the best bank in Poland. Bank Zachodni WBK has a total of 630 branches, which is the third largest branch network in Poland. Clients looking for basic, inexpensive, and fast service may use a network of 108 agencies under the brand of "Bank Zachodni WBK Partner" located in small towns and residential districts of large cities. Seven Business Banking Centers located across all key markets in Poland provide services for business clients. Corporate Business Centers serve corporate clients from offices in Warsaw, Poznan and Wroclaw. For more information, please visit http://www.bzwbk.pl/
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