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What Does the Teradata and Microsoft Partnership Mean to FSIs?

  • Artigo

Sorry I am late on this news, it been a busy week! The Teradata and Microsoft partnership was announced at the National Retail Conference a couple weeks ago. I am very excited about this partnership with NCR Teradata. The partnership will provide financial services institutions (FSI) a highly scalable infrastructure for exposing data from a their existing data warehouses.

But what does this really mean? The opportunity for FSI's are that a fully integrated information architecture story is presented to them. By starting with an industry leader such as Teradata in Enterprise Data Warehouse space and connecting that with the rich an seamless solution for getting enterprise data. Then from Warehouse itself to the end consumer of the information.

We can leverage the power behind Office Business Applications (OBA) and the MOSS Business Intelligence (PreformancePoint) to provide customers with a highly productive environment.

See below:

 

A picture is worth a thousand words. Instead of walking through this with words, I will let you consume what opportunities this presents to your FSI.

By using the familiar office tools (word, outlook, excel) and combining the application services that MOSS provides (IRM, workflow, document management) it allows FSI organizations to be more agile in the financial space.

When I say "agile", that is somewhat of an over used term, huh? Well it is however I belive that in this case it is true. The Information Worker (IW) tools built in the new 2007 Office System empowers business users or in Microsoft terms IW's with the right tools to build exception processes with out a developer.

Let's give a simple example:

Let's say that an underwriter is making a decision on a loan and he/she finds an unaccounted exception. Traditionally at this point there would be a flurry of coatic activities from rushed phone calls, screen captures and e-mails sent. The problem here is that isn't very productive. Additionally you loose auditing capabilities on decision making.

Since MOSS is built on top of .Net 3.0 it can exclusively uses Windows Workflow Foundation (WF). Now within document libraries where that data and application would reside IW augmenting workflow's can be applied.

The companies will offer Teradata specific integration for Microsoft Business Intelligence solutions enabling ubiquitous business intelligence from familiar desktop products on the industry’s highest performing data warehouse platform.

Microsoft Business Intelligence solutions will be optimized for Teradata. Solutions with combined Microsoft &Teradata technology are available for initial customer evaluation now and for general availability by the end of Q1, 2007.

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