UBL, Teradata joins hands to implement Integrated Data Warehouse
KARACHI: Teradata Corporation, the big data analytics and marketing applications company, recently announced that United Bank Limited (UBL) has selected the company’s Data Warehouse and Teradata Value Analyser for its Customer Profitability project. UBL is one of the largest banks in Pakistan with more than five million customers and over 1,300 branches. UBL has selected Teradata as its partner of choice for providing and implementing state-of-the-art analytical capabilities based on the extensive local and global experience of the company. These advanced capabilities will enable the bank to transform the data aspect of its overall business operations, enabling it to do deep analytics on Customer profitability, hence maximizing its return on investment.
To recognise this partnership, a signing ceremony was held at the UBL Head Office in Karachi where Wajahat Husain, President & CEO UBL, Khuram Rahat, Managing Director, Teradata Pakistan
and senior executives of both organisations were in attendance.
“UBL seeks to implement a data warehouse solution that can be used as a long term business furtherance tool. Given the scale and complexity of our operations, investment in technology and infrastructure remains a key component of the Bank’s strategy. We seek long term business partners within our core businesses that are reliable and have the ability and intention to grow with us” said Wajahat Husain. He further added “UBL is keen to build on the relationship with Teradata and is confident that its global presence, experience and technical expertise will drive the implementation which will create synergies across the different segments of the Bank.
Khuram Rahat said at the occasion, “Teradata has been a leader in providing advanced analytics solutions to customers in Pakistan for many years. With the implementation of Teradata’s solution, UBL will be able to get complete and timely information to enable decisions and undertake analytics specifically with respect to ‘customer profitability’.”