(WEB HOST INDUSTRY REVIEW) — Supporting more than 140 financial institutions in Scandinavia, Skandinavisk Data Center (www.skandinaviskdatacenter.dk) has purchased the Enterprise Data Warehouse platform from Teradata Corporation (www.teradata.com), which offers data warehousing and enterprise analytics, to optimize the system performance of SDC’s banking data center in Denmark.
The largest banking data center in Denmark, SDC supports the information technology needs of banks across Denmark, Sweden and Norway. Teradata’s software will help drive sales, reduce risk, and manage ever-changing compliance regulations, according to Teradata’s Monday announcement, providing a 360 degree view of customers, supply chain, and financial and performance management.
“After a competitive review of proposals from key data warehousing vendors, we turned to Teradata to provide solutions to fit the unique needs of all of our member banks,” SDC development director Klaus Laforce said in a statement. “Teradata offers the greatest flexibility, highest data warehouse availability and performance and an attractive total cost of ownership, which we will translate into the shortest possible time to market.”
The EDW platform is part of the Teradata purpose-built platform family, a range of purpose-built data warehouses with proven power and performance. It is supported by the Teradata 12 analytical database, which provides speed, dependability and performance. The EDW platform is also enhanced by a full suite of data management tools and robust data mining software, as well as expert data warehouse advice from experienced data warehouse consulting professionals.
Teradata Middle East and Africa, and Nordic regions vice president Peter Mikkelsen said Teradata will also offer banks shared and dedicated professional and customer services.
“Advanced workload management tools are a part of the Teradata system and will provide SDC member banks with a high performing and scalable enterprise data warehouse,” Mikkelsen said in a statement. “Each bank will have a ‘private compartment’ within the database allowing each to do complex analysis on its own data. Yet, everything will run on a single, shared platform with seamless database administration.”
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