On May 8, 2007, Teradata and DFA announced their joint investment in a strategic partnership to bring an innovative enterprise risk and capital management solution to the primary carriers and reinsurers in the property, casualty, life and annuity sectors of the insurance industry for North America and Europe.
Teradata and DFA are integrating their industry-leading technologies to deliver a comprehensive data and analytical solution for the rapidly emerging enterprise risk and capital management requirements of the insurance industry. The joint solution will enable companies to realize real competitive advantage through greater accuracy in strategic decision-making, regulatory and ratings agency compliance, and the allocation of capital and resources. The integration of DFA’s ADVISE™ and GEMS™ with Teradata’s industry-leading data warehouse technologies and capabilities marks a major breakthrough for fulfilling these stringent requirements.