Enterprise Data Warehouse to Integrate Enterprise Resources and
Provide Powerful Support for Business Decision-Making
TAIPEI, Taiwan--(BUSINESS WIRE)--Jan. 31, 2007--Teradata, a division of NCR Corporation (NYSE:NCR), announced today that Hua Nan Financial Holdings Company (HNFHC) has selected the Teradata(R) Warehouse as its business analytics and decision-making foundation to enhance enterprise intelligence.
HNFHC will consolidate data from business units across the enterprise into the Teradata enterprise data warehouse. The integration of data from credit card, wealth management, property insurance, fund business, consumer banking, corporate banking and other lines of business will enhance data analysis and support management in making better, faster decisions.
HNFHC plans to migrate the data and software applications from the existing IBM data warehouse to a Teradata enterprise warehouse. After a series of rigorous evaluations, HNFHC selected the Teradata data warehouse over the other competing vendors.
"We had conducted a proof-of-concept test before we made the decision regarding the new data warehouse vendor. Besides loading thousands of terabytes of data into the new system to verify the vendors' performance claims, we also invited business users from different departments to interview consultants to make sure the selected vendor has abundant experience and industry knowledge in the implementation of data warehouses in the banking industry," said Casey Lo, vice president and deputy general manager, HNFHC Information Technology and Administration Department.
HNFHC announced the request for proposal for a new vendor in early June 2006. All bidders participated in multiple tests of their software and hardware. Teradata was the only bidder that passed all tests in the four-month period and, as a result, they were selected by HNFHC to provide the company's enterprise data warehouse.
"We are pleased that the Teradata warehouse solution was selected by HNFHC. It proved our solutions provide financial services firms with a competitive advantage," said Sean Wu, general manager of Teradata in Taiwan. "With Teradata's powerful, integrated data warehouse platform and the experience we gained by serving top financial institutions in the world, we will help HNFHC improve decision efficiency and business performance."
About Hua Nan Financial Holdings Company
Hua Nan Financial Holdings Company (HNFHC) is ranked the number-one branch network and e-commerce services provider among all 14 financial holding companies in Taiwan. The company was formed on Dec. 19, 2001, when Hua Nan Commercial Bank (HNCB) and Hua Nan Securities (HNS) merged. On the same day, HNFHC was formally listed on the Taiwan Stock Exchange, making it the first licensed financial services holding company in Taiwan.
HNFHC has seven subsidiaries, including HNCB, HNS, Hua Nan Bills Finance, South China Insurance, Hua Nan Investment Trust, Hua Nan Venture Capital, and the Hua Nan Management Consulting Company. The common goal of these companies is to provide superb, comprehensive banking services while maximizing shareholders value. At of the end of 2005, HNFHC had assets of NT$1,584.4 billion, equity capital of NT$71.7 billion, 7,738 employees, and 265 branches and offices.
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. As a growing business, Teradata is always looking for outstanding talent. To learn more about Teradata career opportunities, visit www.teradata.com/careers.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR's Teradata(R) data warehouses, ATMs, retail systems, self-service solutions and IT services provide Relationship Technology(TM) that maximizes the value of customer interactions and helps organizations create a stronger competitive position. Based in Dayton, Ohio, NCR (www.ncr.com) employs approximately 28,900 people worldwide.
NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.
CONTACT: NCR Corporation
Teradata Division
Dan Conway, 858-485-3029
dan.conway@teradata-ncr.com
SOURCE: NCR Corporation