from DSSResources.comNational Bank of Abu Dhabi gains real-time analytics with SAS, TeradataANTWERP, BELGIUM — The number one bank in the United Arab Emirates, the National Bank of Abu Dhabi (NBAD), will leverage market-leading technologies from Teradata, (NYSE: TDC), the world’s largest company focused on data warehousing, and SAS, the leader in business analytics software and services, to gain a single enterprise view across the organization. This will help the bank maintain market leadership in corporate banking and expand its retail segment by speeding insight and decision making through rapid analysis of its customer behavior. “With the help of SAS and Teradata, we will be able to better analyze customer behavior trends, as well as evaluate the profitability of our Corporate and Consumer banking divisions with drill-down capabilities to customer, channel, relationship and product profitability,” said Saher Arar, the Deputy Chief Information Officer at NBAD.Enhanced information on product costs and profitability levels will lead to better marketing of the bank’s products to the proper customer segments. The SAS and Teradata solution will allow NBAD to better focus resources on the right customers, while nurturing growth of relationships with influential clients. NBAD selected components of the SAS and Teradata Business Insight Advantage Program to better manage and extend analytical intelligence across the enterprise. Those elements include SAS Enterprise BI Server, SAS Enterprise Data Integration Server,SAS Profitability Management and SAS Activity-Based Management – all executed within the Teradata data warehouse. Users will benefit from greater information visibility, accelerated analytical processes, and quicker insight anytime, anywhere it is needed. “In today’s post-crisis environment, businesses are realizing the growing importance of getting closer to their customers. NBAD is harnessing its data to gain a reliable, comprehensive view of all business units and branches. Rapidly identifying opportunities and risks across the organization will help the bank address customer needs and enable customers to make smart decisions,” said Mikael Hagstrom, Executive Vice President of SAS Europe, Middle East, Africa and Asia Pacific. “This underscores the growing strength of the Teradata and SAS partnership globally,” said Hermann Wimmer, President, Teradata EMEA Region. “Pairing both companies’ integrated technology solutions with our respective global industry experience will help NBAD and other financial institutions grow stronger, deriving new insight and foresight through the power of business analytics.” Today’s announcement came at The Premier Business Leadership Series event in Antwerp, Belgium, a business conference presented by SAS that brings together more than 600 attendees from the public and private sectors to share ideas on critical business issues. About NBAD The National Bank of Abu Dhabi (NBAD), The Number One Bank in UAE, was incorporated in 1968 and is listed on the Abu Dhabi Securities Exchange (ADX), under stock code (NBAD).Ranked as one of the top 50 safest banks in the world, NBAD currently operates across 13 countries on four continents. NBAD has a network of 113 branches, cash offices, and more than 450 ATMs to provide banking services to customersall over the UAE. Besides brick & mortar branches, NBAD provides 24 hour internet banking access through NbadOnline and NbadDirect, the SMS-based payment service (Arrow) as well as account access and personalized customer support through its 24-hour Call Centre. NBAD’s overseas network stretches from Oman, Kuwait, and Bahrain in the G.C.C.; Egypt, Libya, and Sudan in Africa; UK, France, and Switzerland in Europe; Hong Kong and Jordan in Asia to Washington, D.C. in the U.S.A. Overall, NBAD has nearly 50 branches and 60 ATMs outside the UAE. NBAD provides its customers with a wide variety of financial services targeting all segments of the consumer and corporate markets. NBAD is rated senior long term/short term A+/A-1 by Standard and Poor's, Aa3/P1 by Moodys and AA-/F1+ by Fitch giving it one of the strongest combined rating of any Middle Eastern financial institution. Web: www.nbad.com About SAS SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions delivered within an integrated framework, SAS helps customers at more than 50,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW®. SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2011 SAS Institute Inc. All rights reserved. About Teradata Teradata is the world's leader in data warehousing and integrated marketing management through its database software, data warehouse appliances, and enterprise analytics. For more information, visit teradata.com.
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