Aug 10, 2022 | Santiago

Certainly one of Chile’s largest retail & business banks migrates to Vantage on Microsoft Azure to attain its digital transformation objectives

Teradata (NYSE: TDC) in the present day introduced that Banco de Crédito e Inversiones (Bci) has moved its on-premises knowledge analytics platform to Teradata Vantage on Microsoft Azure. Bci selected Teradata’s cloud providing to modernize and develop its analytic ecosystem so the corporate can enhance operational effectivity and higher assist and reply to its rising buyer base.

Bci presents a variety of banking services. Established in 1937, its foremost goal was to take care of the productive sector of the nation, specializing in small enterprise and household work. At the moment, Bci is among the most necessary banks within the nation with quite a few subsidiaries that complement and assist its enterprise. It has greater than 300 places of work in Chile, worldwide illustration, 1000’s of shoppers from completely different markets, and round 10,500 staff that assist preserve the Financial institution as one of many principal gamers within the Chilean banking system.

Because the world of monetary companies continues to evolve, understanding and responding to clients’ wants is Bci’s greatest precedence. To do that, the corporate wants elevated agility and operational effectivity so it may possibly rapidly add, scale, and alter new and present analytic purposes – resembling behavioral analytics and marketing campaign administration capabilities – to allow richer buyer insights and higher buyer experiences.

Bci is increasing its workload assist to reply to the wants of its clients extra successfully and effectively. By leveraging the flexibleness of Vantage within the cloud, Bci can maintain prices low, even whereas the info quantity will increase. And by offering elevated entry to knowledge throughout the group, Bci is arming its determination makers with data-driven insights that may assist them innovate quicker and scale back time-to-market for brand new monetary services.

“Bci wished to cost-effectively modernize its knowledge platform for an agile, versatile and scalable analytics setting,” stated Juan do Carmo, Nation Supervisor of Teradata Chile. “Our expanded strategic partnership with Microsoft enabled us to effectively migrate Bci’s on-premises workloads to Vantage on Azure, guaranteeing continuity of operations and the quickest path to the cloud.”

Teradata not too long ago introduced an enlargement of its strategic international partnership with Microsoft to additional combine the Vantage knowledge platform with Microsoft Azure. 

Teradata Vantage integrates Azure Synapse, Azure Knowledge Lake, Energy BI and Azure Machine Studying which helps firms like Bci to modernize their knowledge analytics workloads with safety, reliability and elasticity.

“From reimagining buyer experiences to enhancing threat administration and streamlining regulatory compliance, the way forward for monetary companies is constructed on the data-driven capabilities that Teradata Vantage on Azure can present,” stated Invoice Borden, Company Vice President of Worldwide Monetary Companies at Microsoft. “Main monetary establishments like Bci are modernizing their knowledge analytics within the cloud, and Teradata and Microsoft provide the built-in options to speed up each step of that journey.” 

Teradata Vantage is the related multi-cloud knowledge platform for enterprise analytics. It permits ecosystem simplification by unifying analytics, knowledge lakes and knowledge warehouses. With Vantage, enterprise-scale firms can eradicate silos and cost-effectively question all their knowledge, on a regular basis, no matter the place the info resides – within the cloud, on a number of clouds, on-premises, or any mixture thereof – to get an entire view of their enterprise.