The Digital Source For China's Tech Innovation Since 2000

Search
Close

Shanghai Stock Exchange Selects Teradata

December 28, 2005
Software

Teradata, a division of NCR Corporation (NCR), the leader in enterprise data warehousing solutions, announced that the Shanghai Stock Exchange has selected Teradata for the second phase of its enterprise data warehouse project.

After successfully working with Teradata to complete the first phase of its operational data store consolidation, SSE is working with Teradata to build an enterprise-wide decision-support system based upon the Teradata Warehouse.

The project, a Dimension Data Store for application analysis and data warehouse management, began in 2004 and is on track to be completed by end of this year. At the conclusion of the second phase of the project, SSE will be able to increase its information sharing, improve operational efficiency and provide value-added services through a unified platform.

"Building the enterprise data warehouse is the first step. Our ultimate goal is to utilize the Teradata Warehouse platform to develop more products, reduce operational risks, improve our monitoring capability and continuously provide additional information services," said Bai Shuo, chief technology officer, Shanghai Stock Exchange.

The outcome of the project's second phase will be a single view of the enterprise, advanced metadata management and application, a complete data warehouse management architecture, and structured and nonstructured data application.

With the implemented data mining solution on top of the data warehouse, SSE is expecting to improve its information technology, decision support, market monitoring and its ability to serve customers, which in turn will help with product innovation. As one of SSE's three major projects, the enterprise data warehouse will integrate with the next generation of securities trading systems, new Web sites, a third-generation surveillance system and other systems to form a new information technology infrastructure.

Since its inception in 1990, the SSE has accumulated valuable historical data including the transaction data for financial products such as stocks, funds, bonds and other stock market-related information. With the completion of phase one, all historical and operational data was stored in the Teradata Warehouse, providing a centralized platform, an open interface to other systems and easy query access to the data.

Simon Yang, general manager of Teradata's Center of Expertise and strategic partnerships for the Greater China Area, said, "The completion of Shanghai Stock Exchange's enterprise data warehouse will not only provide decision-support capability to the securities compliance department, but also will provide efficient monitoring and management services for the China Securities Regulatory Commission, as well as help the development of China's stock market."

Tags: BAI | chief technology officer | China | China Securities Regulatory Commission | commission | data | development | enterprise | finance | financial | general manager | Greater China | information technology | infrastructure | innovation | management | monitoring | platform | Shanghai | Shanghai Stock Exchange | stock | stock exchange | stock market | stocks | technology

Other Related News:

Digital China Will Add More Branches To Explore Regional Market

January 10, 2007

Autonomy Technology To Provide Backbone For Chinese Academy Of Sciences' Library

December 4, 2003

Online Conference Management Software Market Anticipated Forecast 2027 In Key Regions Global (United States, European Union And China)

August 20, 2021

Didi Shares Fall After China Reportedly Requests NYSE Delisting TheStreet

November 27, 2021

China To Join Top 10 Supercomputer List?

June 3, 2004

SST Extends Licensing Deal With Shanghai Foundry

November 3, 2003

China's Huawei To Set Up Manufacturing Plant In India

September 28, 2010

Dozens of fake news websites and social media accounts pushed pro-China talking points 24HTECH.ASIA

August 5, 2022

SGX, Trumid and Hillhouse Capital form joint venture to launch new Asian bond trading platform

February 9, 2021
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....