About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Hyundai Securities Selects Teradata for Next Gen Data Warehouse

Subscribe to our newsletter

Korean brokerage firm Hyundai Securities has selected Teradata to provide it with a data warehouse, which will include Teradata 12 Database and the Teradata Active Enterprise Data Warehouse 5550. The firm, which has been using Teradata’s data warehousing technology since 1999, is planning to use the new technology to build a real-time enterprise data warehouse.

According to Hyundai Securities, the new system will allow it to enhance its securities brokerage for both domestic and foreign investors, asset management, investment banking and customer service. Kim Chang Sik, deputy manager, Hyundai Securities, explains: “We are now striving to redefine ourselves as a global player by enhancing our asset management and investment banking businesses.”

Kim describes Teradata as “a natural choice” and says that a major factor in the selection process was the vendor’s low total cost of ownership. “The total cost of ownership is important in terms of long-term execution of Hyundai’s strategy,” he adds.

Con Vass, country manager for Teradata Korea, comments: “Hyundai Securities’ business intelligence and analytics capability will significantly improve with the combination the world class Linux platform and Teradata 12 Database. Hyundai Securities has been focusing on product development and collecting customer deposits since the enforcement of the Market Consolidation Act. As a business partner, Teradata will support Hyundai Securities with our technology and know how to help transform the vast amount of data being collected into a competitive advantage. This will enable Hyundai Securities to be a more agile and customer focused. Teradata technology will enhance strategic decision making, as well as push business intelligence to front-line customer service representatives.”

In the vendor selection process, Teradata competed with IBM/DB2 and HP/Sybase. After a comprehensive review of each vendor’s solution, Hyundai Securities decided to adopt the Teradata Active EDW and the Teradata 12 Database based on performance and availability, says the firm.

Subscribe to our newsletter

Related content


Recorded Webinar: Approaches to ESG data for analytics

Volumes of ESG data are huge and continue to grow, questioning how financial institutions with a focus on ESG investing can continuously capture and contain required data sets, master and integrate the data, and ensure data quality for meaningful analytics. This webinar will consider approaches to ESG data and data management for analytics, the challenges...


Bloomberg Employs ML and Industry-Implied Models to Increase Carbon Emissions Data

Bloomberg has increased its carbon emissions dataset to cover 100,000 companies. The dataset consists of company reported carbon data and estimates based on either a machine learning smart model or Bloomberg’s newly developed industry-implied model accompanied by a Partnership for Carbon Accounting Financials (PCAF) reliability score. “Greater precision in Scope 1, 2 and 3 carbon...


FinCrime Tech Briefing, London

RegTech Insight (from A-Team Group) is proud to announce the launch of its FinCrime Tech Briefing taking place in both London and New York this summer and focusing on RegTech for AML and Financial Crime Compliance.


Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...