Latin America's largest government-owned bank to power real-time data
integration and risk and fraud management with Informatica PowerCenter
BRASILIA, Brazil, Jan. 22 /PRNewswire-FirstCall/ -- Informatica
Corporation (Nasdaq: INFA), a leading provider of data integration
software, today announced that Brazil's Caixa Economica Federal (CEF), the
largest government-owned bank in Latin America, has chosen the Informatica
PowerCenter data integration platform and Informatica Data Quality to
underpin a data integration project centralizing customer information to
gain a single view of the customer.
By integrating company-wide data currently stored in three disparate
systems and platforms -- banking customers in one database; employees in
another; and mortgage customers in a third environment -- the new system
put in place will upgrade and deploy new processes to generate key
decision-support information for the bank's business management, risk
management and fraud prevention systems.
The Informatica solution will be deployed across CEF's three main
centers located in Sao Paulo, Rio de Janeiro and Brasilia in the CRM and
Data Warehousing functions, and will manage the Government's Severance
Indemnity Fund for Workers (FGTS) information. CEF will also use
Informatica's metadata management functionality to support compliance with
Sarbanes Oxley and Basel II -- requirements for documentation and auditing.
"We are very pleased to have met all the bank's extensive requirements
during a year-long selection process that culminated with a one week and
40-hour deadline to test and prove the effectiveness of the proposed
solution," said Carlos Andre, regional director, Informatica Latin America.
"Through its Informatica implementation, Caixa Economica Federal will
achieve gains at both the tactical and strategic levels, increasing the
company's competitiveness and effectiveness."
About Caixa Economica Federal
Caixa Economica Federal is the largest government-owned bank in Latin
America. The customer base has grown by 42 percent during the past 30
months, from 23.1 million to 33.6 million. Over 3 million people have
entered the Brazilian banking system by means of the simplified account
program, the greatest banking inclusion action countrywide.
About Informatica
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 2,900 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, Informatica Data Quality and PowerCenter are
registered 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
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Related links:
http://www.informatica.com
CONTACT:
Deborah Wiltshire of Informatica Corporation,
+1-650-385-5360, mobile, +1-650-862-8186,
dwiltshire@informatica.com; or Donna Lyon of Text 100,
+1-415-593-8478, mobile, +1-415-350-6615,
informatica@text100.com, for Informatica Corporation
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