Financial Daily from THE HINDU group of publications
Thursday, Apr 14, 2005
Financial Daily from THE HINDU group of publications Thursday, Apr 14, 2005 |
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Money & Banking
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Life Insurance Info-Tech - Software Teradata to provide data warehousing solutions to LIC Our Bureau
Mumbai , April 13 TERADATA, a division of NCR Corporation, will be providing data warehousing solutions to Life Insurance Corporation. The Corporate Active Data Warehouse will cater to the 160 million policies held by 130 million policyholders and the large volumes of cash transactions that take place. This will enable LIC to understand various usage profiles of the customers and policies in order to customise offerings and bundles and effectively manage them. "We envisage Teradata's data warehousing solutions will empower LIC with tremendous analytical capabilities and help in designing customer-oriented insurance products," said Mr T. S. Vijayan, Managing Director, LIC.
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