Crédit Agricole Technologies Chooses Teradata

Teradata Corporation announced that Crédit Agricole
Technologies, the IT division of the largest retail bank in France and one of the largest banks in Europe, has selected Teradata to integrate the
business intelligence systems of its 39 regional banks in order to reduce costs
and serve its 24 million customers.

"Teradata’s
capacity for handling large volumes of data and processing information rapidly
represents a significant advantage for our project and will help us achieve our
goal of unifying the Group’s information system to enhance customer relationship
management," says Jacques Delort, vice president, CA-Technologies.

Crédit Agricole Technologies’s objective is to develop a flexible, straightforward and open customer relationship management
program. To support this objective, the Teradata Active Data Warehouse will
scale to 120 terabytes of data and enable simultaneous accesses for vastly
different workload types and data-access needs, such as batch processing,
complex queries, tactical queries, and ad hoc queries, all while guaranteeing
the standard of service that internal users demand. This is possible
because all the data are centrally collected and available at the ‘right
time’ to all banking groups from the individual business unit up to the
holding company.

"We are committed
to supporting the business intelligence initiatives of Crédit Agricole,"
says Hermann Wimmer, president, Europe, Middle East
and Africa (EMEA) Region, Teradata. "With
the Teradata Active Data Warehouse, Crédit Agricole is putting its customers at
the heart of the Group’s information system, providing customers with better
service. In addition, the bank is able to make smarter decisions and develop a
range of financial products and services that meet their customers’ needs."

The Teradata Active Enterprise Warehouse provides performance and integrates the innovations from Teradata
Labs which combines solid state drives and hard disk drives technology. Based
on the concept of ‘data temperature,’ Teradata Virtual
Storage migrates the most frequently used ‘hot’ data to
the fastest SSDs.

Teradata Professional Services will support deployment which is to be
progressively rolled out through 2015.