Financial Services
Netezza helps financial services organizations like HBOS, Nationwide and NYSE Euronext analyze large, complex and rapidly growing data volumes very quickly for faster speed-to-market and better decision-making. Netezza offers 10-100 times the performance of traditional solutions, with a much lower TCO, rapid implementation and minimal ongoing maintenance
Financial institutions continuously struggle with complex data models and intricate procedures. And with today’s increased market scrutiny and industry regulations, companies must comply with strict reporting requirements from the SEC, FINRA, the FDIC and other regulatory bodies to protect their assets and reputations. Meanwhile, emerging competition from direct-to-consumer providers and new online offerings make it even more difficult for traditional financial institutions to thrive
With the power of Netezza, exchange markets and investment banks ensure accurate and timely compliance against ever-increasing order and trade volumes. Insurance companies process and deeply analyze more claims to cut costs, reduce processing cycles and increase customer retention. Retail banks get a holistic view of their customers for more effective marketing and loyalty programs. Financial services institutions across the board prevent risk, identify fraud in near real time and optimize their pricing strategies for maximum revenues and operational efficiency. Finally, investment banks, retail banks, exchange markets and insurance companies can make all of their data actionable, transforming the way they do business – which is why so many world-leading financial institutions and industry-renowned partners have embraced the Netezza appliance
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Webcast: Nationwide on its use of Netezza & IBI
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