Bank of China Selects Teradata Data Warehouse; Bank to Modernize Its 47 Million Bank Card Business.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--July 2, 2003 Teradata, a division of NCR Corporation (company) NCR Corporation - Electronics company mainly active in the midrange server market. NCR was founded 1884 as National Cash Register Company. It joint the computer industry in th 1950s. (NYSE NYSE See: New York Stock Exchange :NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers ), announced that the Bank of China, with more than 47 million bank cards in issue, selected the Teradata(R) data warehouse and Teradata customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) solutions to establish a new generation of profit-oriented bank-card sales and customer-service systems. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an official from the Bank of China, Teradata was selected because its enterprise data warehouse-based CRM solution has proved to be successful in its global banking industry deployment. The Teradata technology will enable the bank to be more competitive by helping to create unified service standards, improving customer service, increasing profit and promoting the brand awareness of the Bank of China bank cards. The Bank of China has developed the largest customer base and merchant network in the domestic bank-card market in mainland China with the issuance of the Great Wall credit card, Great Wall debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. and Great Wall International card. Teradata enterprise data warehouse solutions will enable the Bank of China to accelerate the modernization of the bank-card business, boost the competitive edge and optimize customer relationships by supporting the development of effective marketing strategies. "Eight of the top 15 global banks depend on the Teradata enterprise data warehouse to optimize customer relationships and create a competitive advantage," said Jim Donovan Jim Donovan may refer to:
About Bank of China Bank of China (BOC (Bell Operating Company) One of 22 companies that was formerly part of AT&T and later organized into seven regional companies. See RBOC. ), China's oldest financial institution, was founded in 1912. BOC was ranked 'Best Bank of China' nine times by Euromoney Magazine from 1992 to 2002 and one of the Global Fortune Top 500 enterprises for 13 years in a row. At the end of 2002, the bank's total assets amounted to RMB RMB Right Mouse Button RMB Regional Management Board (USACE) RMB Rolf Maier Bode (musician, band) RMB Ren Min Bi (currency of People's Republic of China) 3593.9 billion (approximately $435 billion) and was ranked as the second largest by assets in China. It has 12,090 branches at home and 581 overseas branches and subsidiaries in 26 countries and regions across the globe and total of 192,468 employees. For more information, visit http://www.bank-of-china.com. About Teradata Division Teradata, a division of NCR Corporation (NYSE:NCR), is the global leader in enterprise data warehousing and enterprise analytic technologies and services. For more information, visit www.teradata.com. 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(R) data warehouses and IT services provide Relationship Technology(TM) solutions that maximize the value of customer interactions. Based in Dayton, Ohio, NCR (www.ncr.com) employs approximately 29,600 people worldwide. NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion