Frost Bank Standardizes On Informatica Platform For Application Data Integration And Data Quality

Uses Informatica Platform to Power Comprehensive and Trusted Single Customer Views

REDWOOD CITY, Calif., October 25, 2011 - 

News Facts:

  • Informatica Corporation (NASDAQ: INFA), the world’s number one independent provider of data integration software, today announced that Frost Bank, a leading provider of banking, investment and insurance services in Texas, has implemented the Informatica Platform as the operational data integration and data quality cornerstone of its enterprise-wide data integration and data quality strategy.  
  • Recently ranked number one in Texas for customer loyalty and satisfaction by J.D. Power, Frost Bank uses the Informatica Platform to power comprehensive and trusted single customer views, which are key to the bank’s ability to build high-value, long-term customer relationships spanning its multiple lines of business.
  • The Informatica Platform also provides operational data integration to help drive such critical customer-oriented business functions as financial product development, demand generation and customer care.  
  • Specifically, Informatica PowerCenter and Informatica PowerExchange are being used to integrate data from 60 sources and applications, including salesforce.com and operational data stores. Their use has enabled Frost Bank to:
    • Accelerate integration projects by 40 percent or more, thus helping reduce time to market for products and services.
    • Reduce data integration development costs.
    • Comprehensively track data lineage for compliance and improved trust in the data.
  • Informatica Data Quality and Informatica Data Explorer are being used by Frost Bank’s managers and data owners to ensure the quality of their data on an on-going basis. This effort includes:
    • Data profiling and impact analysis.
    • Data cleansing and identification of duplicates.
    • Identifying relationships across customer records.
    • Supporting data governance strategy.
    • Improved data quality for prospecting.

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Supporting Quotes

  • “The Informatica Platform provides data integration for business intelligence and customer knowledge to segment customer audiences, tailor business streams and deliver the greatest value to customers for the least cost,” said Uday Shetgeri, executive vice president, Application Development and Maintenance, Frost Bank. “Our goal was to consolidate all of our data integration efforts into a single, complete platform. We also wanted to ensure our data was clean, reliable and trusted. Informatica stood head and shoulders above other data integration vendors in terms of enterprise data management. The technology enables the bank to move, integrate and manage all the data, regardless of how much, what kind or where it is.”
  • “As Frost Bank demonstrates, financial institutions with access to timely, relevant and trustworthy data are able to place the customer at the center of their operations and thus reap substantial benefits in the form of increased market share, improved loyalty and retention and lower customer costs,” said Ivan Chong, executive vice president and general manager, Data Quality, Informatica. “The Informatica Platform enables banks to maximize their Return on Data and eliminate traditional silos of information to capture a complete, up-to-date and accurate picture of each customer relationship, deliver better service and differentiate themselves from the competitive field.” 

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About Informatica

Informatica Corporation (NASDAQ: INFA) is the world’s number one independent provider of data integration software. Organizations around the world rely on Informatica to gain a competitive advantage with timely, relevant and trustworthy data for their top business imperatives. Worldwide, over 4,500 enterprises depend on Informatica for data integration, data quality and big data solutions to access, integrate and trust their information assets residing on-premise and in the Cloud. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com. Connect with Informatica at http://www.facebook.com/InformaticaCorporationhttp://www.linkedin.com/company/informatica and http://twitter.com/InformaticaCorp.

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Note: Informatica, PowerCenter, PowerExchange, Informatica Platform, Informatica Data Quality and Informatica Data Explorer are trademarks or 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.