This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Banco Volkswagen S.A. Standardizes On Informatica

Stocks in this article: INFA

Redwood City, Calif. and Sao Paulo, Nov. 4, 2013 (GLOBE NEWSWIRE) -- Informatica Corporation (Nasdaq:INFA), the world's number one independent provider of data integration software, today announced that Banco Volkswagen has standardized on Informatica to increase revenues, enhance customer loyalty and grow market share. Banco Volkswagen chose Informatica MDM over four competing solutions. The Brazilian financial services division of the leading German automotive group Volkswagen is deploying a best-in-class master data management (MDM) strategy, based on Informatica, to create a single, trusted view of more than 900,000 customers across the company's complete portfolio of vehicle finance and retail banking services.

By unleashing the potential of Banco Volkswagen's customer, product, financial and other data, the Informatica MDMrollout is an important step, which will enable the company to more effectively cross-sell and up-sell complementary financial products across all the vehicle brands - including Volkswagen, Audi, Ducati and MAN Trucks - as well as the company's banking services. By moving closer to these customers, Banco Volkswagen also will be uniquely positioned to maintain more intimate and rewarding customer relationships across its lines of business.

"Informatica will provide Banco Volkswagen with a trusted, 360-degree customer view, which will enable our sales, marketing and customer support teams to grow revenue from existing financial services customers," says Rafael Rolla, chief information officer, Banco Volkswagen. "This customer view also will enable the company to develop financial solutions aligned to the different consumer profiles and support automotive dealers and the banking network in their daily operations."

Banco Volkswagen is the financial services subsidiary in Brazil of the VW Financial Services AG part of Volkswagen A.G. The company has embarked on a multi-year business transformation strategy aimed at innovation, agility and customer success. As part of this re-alignment, the company needed to take control of its data. Previously, data concerning each customer, their relationship history, the vehicle they finance through the company, banking services and other data was hidden away in difficult to reach areas of the business. The company realized it needed a single, trusted, and complete view of this data - and to link it across the organization.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs