SCB takes a lead in banking technology, choosing "Teradata" solution to boost its competitive edge in modern business world

ข่าวทั่วไป Tuesday May 23, 2006 15:50 —PRESS RELEASE LOCAL

Bangkok--23 May--Siam Commercial Bank
Siam Commercial Bank has selected the Teradataา Enterprise Data Warehouse (EDW) solution as the platform for its EDW project to enhance its IT potential in supporting the Bank's expansion and increasing its competiveness in all business segments according the key policy "Premier Universal Bank"
Dr. Amarit Laorakpong , SCB Executive Vice President, IT Solution Delivery Division revealed that actually SCB has long established the goal in taking a lead in banking technology. We are the first bank to introduce ATM, Internet Banking and Mobile Banking in Thailand as well as online network system development and complete implementation of Core Banking system. These achievements mark our vision to giving primary concern on technology development together with business operation, which significantly contributing to superior products and services to the others competitors.
On an occasion of 100th anniversary, SCB , as the first bank in the country, has implemented Teradata EDW solution which will integrate data across SCB's businesses, delivering consistency and efficiency and giving decision-makers a clear and strategic view of the entire business.
The solution developed by Teradata, a division of NCR Corporation is widely implemented among organizations around the world. Apart from data integration which allows the Bank realize a single view of its business, the Teradata EDW solution will increasingly support functions as diverse as personalized customer relationship management and marketing programs, credit risk management strategies, and financial analysis and reporting as well as improved operational efficiencies that will result in helping reduce opertaing costs.
"SCB is deelp committed to identifying and implementing the best technologies to support our business. This robust solution wil allows us to better serve our customers and fulfill the needs of the bank's marketing management and risk control, as well as critical business intelligence support, which is in line with its declared vision to become The Bank of Choice." He added.
About Teradata Division
Teradata, a division of NCR Corporation, 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 solution to get a single, integrated view of their business to enhance decision-making, custoner relationships and profitability.
Phot Jaichansukkit, Public Relations Manager, Siam Commercial Bank
For more information please contact : Wattanee, Sareeya Tel : (02) 544 4501-3

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