UBL and Teradata introduces Enterprise Data Warehouse
The technology sector in Pakistan is developing like never before. With partnerships and startups cropping up every second day the future can easily be predicted for the nation’s tech life within a year or two. The same is happening in sports in Pakistan. And the very same mega scale partnerships are seeing fruition in Banking and Finance sectors too.
UBL – United Bank Limited – with its technology partner, Teradata of Delton, Ohio entered a new venture. Teradata, which specializes in business analytics, cloud products, and consulting, supported UBL in rolling out a fruitful customer profitability analytics implemented through the much celebrated ‘Enterprise Data Warehouse’.
Similar to Chase Manhattan’s loan and customer facilities of gauging individual and corporate clients’ loans, trade facilities, finance management and some more features like automated analytics the Enterprise Data Warehouse has proven successful in its initial implementation.
CEO’s and Top-Cats of both enterprises were present at the occasion of the rollout. Managing Director, Teradata Pakistan, Qazafi Qayyum, in his address, mentioned
“We are excited to be a trusted partner for UBL in their analytics journey. With the successful rollout of the Profitability Analytics project, UBL not only gains the strategic advantage within the banking industry by understanding ‘true’ profitability at a granular level across various business segments but also has the right architecture in place to cater for all future data needs for the organization.”
With the analytics and consultation provided by the specialist company that Teradata is, UBL will be able to enhance its services manifolds. Ease for a customer and the staff at their end will be as simple as tapping a few keys to generate analytics for individual customers.
This is a very useful and timely addition to UBL’s up-gradation as online banking, financial services, and branchless finance services have become the order of the day more like a need of the times. These services are boosting up ease for customers by facilitating them in all possible ways wherever the customer may be at any moment. UBL with its Enterprise Data Warehouse has taken a plunge into further taking their services a notch higher.
On behalf of UBL Sima Kamil, President & CEO UBL commented at the occasion and expressed his progressive views regarding Teradata’s support.
“We believe that robust customer analytics will give UBL a competitive edge by driving pricing decisions and by identifying areas of growth and savings within our businesses. We would like to acknowledge the efforts of Teradata for making this possible and look forward to our continued partnership.”
These services are boosting up ease for customers by facilitating them in all possible ways right from where the customer may be at that moment. UBL with its Enterprise Data Warehouse implementation will be able to do better in terms of facilitating the individual customers providing them with instant analytics.