DAYTON, Ohio – Caixanova, one of Spain's most prominent financial services institutions, announced today that it will build an enterprise data warehouse (EDW) platform from
Teradata, a division of
NCR Corporation (NYSE: NCR). The multiphase project, currently underway, entails the development of a corporate information system that will give users a single view of the bank's consumer, information technology and finance data. Access to all this information will be enabled through the Teradata® platform, which will be integrated with the legacy systems of the bank.
Once Caixanova made the strategic decision to implement an enterprise-wide view of its business, it immediately identified several projects for which a Teradata Warehouse would be essential. Projects currently being implemented include a system to measure profitability, a system to support Basel II and one for fraud prevention.
In addition to Caixanova's four-terabyte Teradata Warehouse and professional consulting services, the bank also acquired Teradata's Financial Logical Data Model, which, because
70 percent of the data is premodeled, will dramatically accelerate the development of the data warehouse.
Future phases of this project will enable users based at the bank's headquarters to get branch information by means of queries and reports and the implementation of a solution to measure profitability. The last phase of the project would consist of implementing additional functionality focused around administration, marketing and risk areas, customer relationship management and data mining.
About Caixanova
At the present time, Caixanova is developing a plan of expansion of its commercial network, opening a great number of new branches in different areas of Galicia, Spain, Portugal and America. In Galicia, the bank has approximately 400 offices and is currently increasing its presence in the main Spanish financial markets (Madrid, Barcelona, Bilbao, Valencia, Alicante, Málaga, Las Palmas, Tenerife, Valladolid and Zaragoza). Caixanova considers the development of new technologies strategically important as it strives to improve its competitive position by means of innovation and differentiation in the services provided to its clients.
About Teradata Division
Teradata, a division of NCR Corporation (NYSE: NCR), is the global technology leader in enterprise data warehousing, analytic applications and data warehousing services. Organizations around the world rely on the power of Teradata's award-winning solutions
(www.teradata.com) to get a single, integrated view of their business to enhance decision-making, customer relationships and profitability.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR's ATMs, retail systems, Teradata® data warehouses and IT services provide Relationship Technology™ solutions that maximize the value of customer interactions and help organizations create a stronger competitive position. NCR
(www.ncr.com) is based in Dayton, Ohio.
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NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.
