HP 'S Neoview Chosen by Netherlands Bank

Filed in archive Announcement on October 4, 2007

Score one more for HP - the company has announced that Netherlands-based Rabobank has selected a business intelligence solution from HP in a deal valued at $4.3 million. Netherlands-based Rabobank, which serves more than 9 million individuals and corporate clients in 38 countries, selected a solution based on HP Neoview, a next-generation data warehousing platform, as well as HP Services. The solution, having already demonstrated improvements in performance and cost, is expected to accelerate Rabobank's business growth.

And for those of you who need to meet compliance regulations, there's also good news. HP announced a new business intelligence solution that enables financial services organizations to better measure risk and improve compliance management processes. Based on HP Neoview, the HP Enterprise Risk Management solution addresses all three pillars of Basel II and aids in the compliance of industry regulations such as Sarbanes-Oxley, International Accounting Standards, Anti-Money Laundering and Know Your Customer.

The HP Enterprise Risk Management solution was developed in collaboration with industry-leading business intelligence software partners Informatica, MicroStrategy and Quadrant. HP has coupled this technology with its business intelligence hardware and services to deliver a broad offering for enhanced data access, governance and data Quality management.

For more information, visit the HP web site.