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Finance

St George revamps data warehouse

Australia's fifth largest bank St George has completed a refresh of its data warehouse systems on the eve of its likely merger with larger rival Westpac.
Written by Liam Tung, Contributing Writer on

Australia's fifth largest bank St George has completed a refresh of its data warehouse systems on the eve of its likely merger with larger rival Westpac.

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The implementation has seen the bank bring in Teradata's new three-node 5550 system, released earlier this year, along with an upgrade to its existing Teradata data warehousing systems. The legacy systems have been redeployed as the bank's disaster recovery systems.

Financial details of the deal have not been disclosed, but it has included ongoing consultancy with the data warehouse vendor.

"It prepares us for the next phase of growth and the next generation of data warehousing," Jean-Claude El-Sabbagh, head of enterprise business intelligence at St George said in a statement.

St George's last upgrade to its Teradata systems in 2005 saw the bank equipped for the first time with disaster recovery capabilities.

The new systems will also support the bank's Business Objects business intelligence systems, which were upgraded in 2006 to help the bank tackle sales and operational risk analysis, compliance reporting and loan management activities.

St George was unable to respond to ZDNet.com.au's questions at the time of writing.

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