Ventana Research Evaluates Company Case Studies, Names Finalists and
DAYTON, OHIO, November 6 /CNW/ - 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(R) 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:
Teradata 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.
Teradata is a trademark or registered trademark of Teradata Corporation
in the United States and other countries.
For further information:
For further information: Teradata Corporation Mike O'Sullivan,
937-445-7152 email@example.com or Dan Conway, 858-485-3029