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Caixanova to Implement Teradata Enterprise Data Warehouse Platform.


DAYTON, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873.  -- Caixanova, one of Spain's most prominent financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 institutions, announced today that it will build an enterprise data warehouse (EDW EDW Enterprise Data Warehouse
EDW Edwards, CA (aviation indentifier)
EDW Electronic Document Workflow (paperless initiative of Defense Contract Management Agency)
EDW Estimated Dry Weight
) platform from 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 ). The multiphase Mul´ti`phase

a. 1. (Elec.) Having many phases;

Adj. 1. multiphase - of an electrical system that uses or generates two or more alternating voltages of the same frequency but differing in phase angle
 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(R) 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 Basel II is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. The purpose of Basel II is to create an international standard that banking regulators can use when creating regulations  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, Malaga, Las Palmas Las Palmas: see Palmas, Las, Spain.
Las Palmas
 or Las Palmas de Gran Canaria

Seaport city (pop., 2001: 354,863), northeastern Grand Canary Island, Spain.
, 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 (www.teradata.com), 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 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(R) data warehouses and IT services provide Relationship Technology(TM) 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.

NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 25, 2005
Words:459
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