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Schwab brokerage firm selects Teradata data warehouse

Monday 18 April 2005 14:40 CET | News

Charles Schwab & Co., Inc., the brokerage subsidiary of The Charles Schwab Corporation, has selected Teradata, a division of NCR, data warehousing technology to support the firms reporting and analytical needs.

As one of the largest financial services companies in the U.S., Schwab selected Teradatas data warehouse for its high-performing parallel database technology, linear scalability and ability to support real-time business intelligence. With both historical and current operational data consolidated into one central warehouse, front-line employees can have direct access to a single version of information for both analytics and decision-support needs. In addition, the consolidation of data marts will also help the company reduce information-technology complexity and improve customer service at lower costs.


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Categories: Payments & Commerce | Payments General
Countries: World
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