Skandinavisk Data Center Purchases Teradata Active Data Warehouse Platform for 140 Financial Institutions
Data center supports more than 140 financial institutions in Scandinavia – Denmark, Sweden and Norway.
MIAMISBURG, Ohio — Teradata Corporation (NYSE: TDC), the world’s largest company solely focused on data warehousing and enterprise analytics, today announced that Skandinavisk Data Center (SDC) purchased a Teradata Active Enterprise Data Warehouse platform for its banking data center in Denmark. The data center supports more than 140 financial institutions in Scandinavia – Denmark, Sweden and Norway.
“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,” said Klaus Laforce, director of development, Skandinavisk Data Center. “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 SDC is the largest banking data center in Denmark with a workforce of 350 individuals, and approximately 150 external consultants. The SDC supports the information technology needs of more than 140 member banks, including 756 departments, 10,600 employees, and 3.6 million consumers with 5.8 million accounts.
“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. 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,” said Peter Mikkelsen, vice president, Nordic and Middle East Africa (MEA), Teradata. “In addition, Teradata will offer both shared and dedicated professional and customer services for each bank.”
The Teradata Active Enterprise Data Warehouse platform, a member of the Teradata Purpose-Built Platform Family, is a completely integrated solution with optimized system performance. Teradata’s family provides a range of purpose-built data warehouses allowing companies of all sizes and complexity to start small and grow with the proven power and performance of the recognized database leader at an affordable price. The family is supported by the Teradata Database, the recognized gold standard in analytical databases, providing dependability and high performance while allowing businesses to begin loading data and running queries within hours after delivery.
Skandinavisk Data Center (www.skandinaviskdatacenter.dk) is an information services center providing an all-round service for financial institutions in Scandinavia. SDC clientele is made up of 140 Danish, Norwegian and Swedish financial institutions, which are also the owners of SDC.
Teradata Corporation (NYSE: TDC) is the world’s largest company solely focused on raising intelligence through data warehousing, data warehouse appliances, consulting services and enterprise analytics. Teradata is in more than 60 countries and on the Web at www.teradata.com.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.