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Teradata Announces Basel II and Risk-Management Enhancements in Latest Teradata Financial Services Logical Data Model Teradata, a division of NCR Corporation (NYSE: NCR), announced the availability of Teradata® Financial Services Logical Data Model (FS-LDM) version 7.0 that enables financial services institutions to establish sound risk-management practices, take steps to meet Basel II Capital Accord regulatory requirements and enhance financial management. Teradata enables data from across the organization to be centralized into a warehouse. The Teradata FS-LDM structures and organizes the information making it possible to run a deep analysis of large volumes of data without impacting performance. The resulting business intelligence and cross-business-unit view provides senior managers and customer service representatives a better understanding of risk- and financial-management information. This business intelligence also supports the development of key performance indicators that can be deployed across the organization. “Today, 60 percent of financial institutions lack the capability to implement the more rigorous Basel II IRB or internal ratings-based approach for risk-measurement compliance. Instead, they rely on the less demanding Basel II standard approach to measuring credit risk,” said Jonathan Klaus, vice president of Teradata global solutions development. “This is of critical importance. Financial institutions that are the most adept at determining risk exposure are the ones that are best able to leverage their capital, and therefore drive better bottom-line results.” With enhanced risk management, based on a centralized data warehouse and analytical capabilities, capital committed to regulatory reserves can be freed up for more profitable initiatives. Additionally, the use of Teradata FS-LDM delivers cost savings in areas of reporting, external audit fees, improved product pricing and campaign return on investment. The latest version of Teradata FS-LDM also provides enhanced capability to answer business questions related to commercial banking, institutional investment activities, correspondent banking and internal financial management. In addition, it harnesses the complex data required by the new Basel II regulatory requirements. Teradata FS-LDM provides more than enhanced risk management. It ensures that cross-functional data is available for senior managers to determine who are the most profitable retail and wholesale banking customers and respond accordingly. It also empowers the chief financial officer to not only understand the health of the business, but to better forecast the future. When implemented by a financial services provider, the Teradata FS-LDM ties together information about such things as customers and their accounts, their channel-usage preferences and their individual privacy preferences. Taken together, all of this information can be used to determine customer profitability and formulate appropriate retention, acquisition and growth strategies. The Teradata FS-LDM lays the foundation for cross-functional, enterprise-wide analysis so that an institution can truly understand its customers, their behaviors and preferences and subsequently act on that information to maximize its competitive edge and return on investment. Serving as a pre-packaged blueprint, the Teradata FS-LDM provides financial services companies with a starting point in the process of building and implementing an enterprise data warehouse, saving the financial services provider significant time, money and resources. The range of analytics that can be run against this structure is virtually limitless. About Teradata Division Teradata, 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 (www.teradata.com) to get a single, integrated view of their business to enhance decision-making, customer relationships and profitability. About NCR Corporation NCR Corporation (NYSE: NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR’s ATMs, retail systems, Teradata® data warehouses and IT services provide Relationship Technology™ solutions that maximize the value of customer interactions and help organizations create a stronger competitive position. Based in Dayton, Ohio, NCR (www.ncr.com) employs approximately 28,900 people worldwide. Kontaktinformationen: Dan Conway, NCR Corporation Telephone: (937) 445-2225 E-mail: dan.conway@teradata-ncr.com
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