Wachovia

Wachovia Bank, N.A. is a market leader in American banking.

Wachovia has selected the Teradata Warehouse and Teradata Financial Services Logical Data Model as the foundation for its risk management data platform as well as to enable Basel II compliance. The Teradata platform will enable Wachovia to build enhanced risk management capabilities and support emerging business intelligence requirements, including the deployment of many aspects of the proposed Basel II initiative that promotes the adoption of sound corporate governance practices by banking organizations.

"The Teradata solution is attractive to Wachovia because once the risk information management program is in place, we can leverage the Teradata investment to reduce the overall cost and complexity of our business intelligence systems," says Nancy Church, Wachovia's Chief Information Officer of Shared Services.