Informatica PowerCenter Part of New HP Enterprise Risk Management Solution
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
2100 Seaport Blvd.
Redwood City, CA, 94063
Press release date: October 4, 2007
Enables high-volume data integration and data quality assurance for managing global risk and compliance
REDWOOD CITY, Calif., Oct. 4 / / -- Informatica Corporation (NASDAQ:INFA), a leading provider of data integration software, today announced that the Informatica PowerCenter data integration platform is an integral part of the new HP Enterprise Risk Management solution, a business intelligence solution for financial services organizations. PowerCenter provides the high-performance data integration underpinnings of the solution, powering a global view of enterprise risk and ensuring the quality of data used across all regulatory compliance initiatives.
Sharing a 10-year alliance with HP, Informatica was the first data integration vendor to pass certification on HP Neoview and also supplies key technology for HP Oneview, a customer-centric data warehouse solution for telecommunications companies. Informatica collaborated with HP, MicroStrategy and Quadrant in the development of the new solution, which is based on the HP Neoview enterprise data warehouse platform.
PowerCenter fulfills the key role of capturing, consolidating and delivering high volumes of data across almost any enterprise sources, while improving and monitoring its accuracy, consistency and reliability. This enables customers to leverage a single risk intelligence platform enterprise wide, with integrated and robust data quality controls and audit capabilities, to successfully address Basel II, Sarbanes-Oxley, Anti-Money Laundering and other on-going requirements.
"Today it is challenging for global entities to effectively manage risk and compliance across a fragmented information environment," said Harry Gould, senior vice president, Global Alliances, Informatica. "Informatica is contributing an integral piece of this financial services solution, and we're pleased to be leveraging our tight integration with HP Neoview to help bring it to our mutual customers."
The HP Enterprise Risk Management solution is pre-integrated with HP Neoview, Informatica PowerCenter, MicroStrategies' analytical dashboard and Quadrant's data model so that customers benefit from faster implementation, minimal integration issues, a single source of support, and accelerated return on investment.
"Accurate, comprehensive and timely data is the lifeblood of risk management and compliance," said Geoffrey Burkholder, Director, FSI Business Intelligence Solutions, HP. "Informatica PowerCenter works hand in hand with HP Neoview to provide a cost-effective enterprise framework for leveraging the full spectrum of data to enhance compliance and improve risk management."
Informatica PowerCenter helps accelerate enterprise data integration initiatives, enabling enterprises to reduce IT costs and complexity, modernize systems and ensure a single, consistent enterprise-wide view of information for more effective decision-making. PowerCenter is also designed to access, transform and integrate data from a wide variety of enterprise systems to support the broadest range of data integration projects including data warehousing, data migration, data consolidation, data synchronization and master data management. This allows IT management to be more responsive to business demands for information despite dramatically increasing data volumes, IT developers to benefit from reduced time-to-results, and business users to gain a holistic and consistent view of their enterprise information.
Informatica Corporation (NASDAQ:INFA) is a leading provider of enterprise data integration software and services. With Informatica, organizations can gain greater business value by integrating all their information assets from across the enterprise. More than 2,850 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of any complexity and scale. For more information, call 650-385-5000 (1-800-653-9871 in the U.S.), or visit http://www.informatica.com/.
Note: Informatica and PowerCenter are trademarks of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.
Source: Informatica Corporation
CONTACT: Deborah Wiltshire of Informatica Corporation, +1-650-385-5360, mobile, +1-650-862-8186, firstname.lastname@example.org
Web site: http://www.informatica.com/