Channels

10:50 AM
Connect Directly
Facebook
Twitter
Google+
RSS
E-Mail
50%
50%

ABN AMRO Upgrades Data Analytics Capabilities

The bank has partnered with Teradata Technologies to enhance its data warehouse to meet regulatory requirements and improve customer analytics.

The Dutch state-owned bank ABN AMRO will partner Teradata Technologies to enhance its data analytics capabilities. The bank is planning to update its existing Teradata data warehouse to meet compliance requirements, while also expanding its capabilities in customer analytics.

[See Related: With Big Data Comes Great Responsibility (to Your Customers) ]

"The bank is preparing to meet the future regulatory requirements of Basel and the Dutch government. The Teradata data warehouse with a range of analytic applications will offer the needed insight into customers' financial needs and banking operations," Hans Fons, the managing director of Teradata's Dutch operations, said in a statement released by the company.

ABN AMRO chose to partner with Teradata at a time when data growth and more sophisticated business analytics are becoming more important to its business, according to the statement. The bank is planning to integrate data across its marketing, risk and corporate finance arms into the data warehouse.

Jonathan Camhi has been an associate editor with Bank Systems & Technology since 2012. He previously worked as a freelance journalist in New York City covering politics, health and immigration, and has a master's degree from the City University of New York's Graduate School ... View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.