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Release: Global Leader HSBC Bank Selects Teradata
posted on 15 July 2008 05:15
LONDON (UK) --(BUSINESS WIRE)--Teradata Corporation (NYSE: TDC - News) announced today it has signed an agreement in which HSBC Bank plc, the leading global financial services institution, will re-deploy its UK Bank data warehouse on Teradata’s latest 5550 server technology and Teradata 12 RDBMS.
The agreement marks the beginning of the latest phase of HSBC's development of its business intelligence strategy whereby the Bank can continue to manage risk, compliance and leverage the growth in data volumes. Teradata will work with strategic partner, Capgemini, over the coming months to deliver a solution which the Bank anticipates will significantly improve on its existing capabilities.
About Teradata
Teradata Corporation (NYSE: TDC - News) is the world’s largest company solely 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.
[Formatted by Wendy Matthews.]
tags: BI
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