Italy's Gruppo Montepaschi Consolidates on Teradata Active Enterprise Data Warehouse Platform

Teradata Corporation (NYSE: TDC), the world's largest company solely focused on data warehousing and enterprise analytics, today announced that Italy's Gruppo Montepaschi consolidated the data warehouses of multiple banks onto the Teradata Active Enterprise Data Warehouse platform.

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Completed in the last year, the bank's Teradata Active EDW provides diverse users with valuable enterprise intelligence for marketing, sales monitoring and management reporting. Gruppo Montepaschi has been able to greatly simplify its information technology infrastructure and lower expenses. The Teradata Active EDW is accessed by corporate decision makers, executive users and thousands of managers from branch offices throughout Italy. The data warehouse provides business intelligence on several levels - from summary reports to detailed analyses of customer events.

"In a continuously evolving and highly competitive market, it is necessary to manage the complexity arising from the information requirements of business users with appropriate processes, people and technology," said Marco Bernardini, facility department manager of the Operational Consortium, Gruppo Montepaschi. "We found that Teradata offered the right technology and professional services needed to manage thousands of complex ad hoc and tactical queries in a single data warehouse environment."

The data warehouse has grown steadily from solely supporting decision-making for the marketing department to a strategic asset used by the entire organization. Gruppo Montepaschi considers business intelligence to be an essential tool for gaining a competitive advantage in its market.

The Teradata Active EDW helped Gruppo Montepaschi manage the complexity arising from the integration of multiple banks, enabling execution of ad hoc queries at the same time as advanced analytics, without duplicating data. In addition to performance, the deployment of the Active EDW lowered the total cost of ownership, eliminated the risk of data inconsistency and provided enterprise intelligence on a timely basis.

"Our experience confirms that Teradata technology is capable of supporting the most advanced business decision-making requirements," said Sergio Lonoce, solutions development department manager for the Operational Consortium, Gruppo Montepaschi. "Teradata enabled us to simultaneously manage thousands of queries; without this capability our business intelligence would be limited."

Gruppo Montepaschi

The Monte dei Paschi di Siena Bank, founded in 1472 as Monte di Pieta to lend aid to the underprivileged classes of Siena, it is considered the oldest bank in the world. Today, it is the leader of among the top five banking groups in Italy, with significant market share in all the sectors in which it operates. A member of the Monte dei Paschi di Siena Bank group, the Gruppo Montepaschi has a presence all over Italy and in the major international financial centers. It services include traditional banking, asset management, private banking (mutual funds, wealth management, pension funds, and life insurance policies), investment banking and innovative business financing (project finance, merchant banking, and financial counseling). Gruppo Montepaschi has special capability and experience with accounts for families, as well as small to medium businesses. With more than 30,000 employees, more than 3,000 branches, and a well-organized distribution channels, Gruppo Montepaschi offers its services to some six million customers. For further info please visit: http://english.mps.it/

About Teradata

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.

Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.

SOURCE Teradata Corporation

http://www.teradata.com

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