LOWELL, Mass., Sept. 13, 2016 (GLOBE NEWSWIRE) — Podium Data has been selected as a finalist in the prestigious Teradata EPIC Awards for Big Data Excellence for a joint project with Teradata: “TD Bank Agile Banking 3.0.”
The project involved helping TD Bank replace its existing manual process of delivering data to business users with enhanced model of fast, secure, on-demand access to enterprise data (Data-as-a-Service) by standing up a managed enterprise data lake using Podium’s data lake management platform.
Podium teamed up with Teradata’s Think Big specialty big data consulting group to deliver the data lake to TD Bank and support the project with project management expertise and custom development of several specialized scheduling and integration tools. Podium’s data lake management platform was a key component of TD Bank’s data lake success.
“Podium has proven to be remarkably easy-to-use and efficient for onboarding, exploring and extracting data in our enterprise wide data lake,” said a Team Leader from TD Bank’s data lake team. “One of the key benefits of using Podium is that it takes the fear away from working in a ‘big data environment’ by allowing users with little or no previous Hadoop experience to perform data ingestion and data transformation – skills they are familiar with from working in traditional relational database and data warehouse environments.”
One of the critical drivers for success was the ability for TD Bank to efficiently bring into the data lake huge quantities of disparate data of varying quality and formats from a variety of sources, including mainframes and third-party providers.
“With Podium we are able to quickly ingest data, check for data quality issues through built-in validations, explore what we ingested through profiling reports and by writing our own queries, then perform transformations and prepare data sets for our consumers, making Podium a complete end-to-end data management solution,” added the TD Bank Team Leader. “The ability to shape and influence the Podium roadmap and the pro-active support received from the Podium team has been outstanding in delivering on key transformational objectives to the enterprise.”
“We are honored to be considered for an EPIC award and even more pleased at how effective our data lake management platform and our partnership with Teradata has been to quickly deliver a functional, value-driven data lake solution to TD Bank. The solution is already providing a return on investment and is establishing a foundation for rapid innovation of TD Bank’s products and services for its banking customers,” said Paul Barth, CEO of Podium Data. “It is a testament to the forward-thinking vision of TD Bank’s IT leadership and project team that this project is such a success.”
Additional information on the EPIC award can be found at http://www.teradataepicawards.com/.
About the Teradata EPIC Awards
The annual Teradata EPIC Awards program recognizes companies doing groundbreaking work to deliver business outcomes using big data, and/or data lakes with BI technologies and techniques.
About Podium Data, Inc.
Podium Data is redefining enterprise data management with its practical, high performance data lake management platform. Headquartered in Lowell, Massachusetts, Podium’s seasoned team of entrepreneurs has deep expertise in analytics, big data and enterprise data management. A growing list of Fortune 500 companies use Podium to accelerate delivery of data to business users through a variety of enterprise scale data lake, extraction/transformation, and load migrations; and analytic projects. More information is available at http://www.podiumdata.com and on Twitter at @PodiumData.
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