P&N Group Chooses Informatica and Snowflake to Modernize Analytics in the Cloud
15 August 2023 - 11:00PM
Business Wire
Informatica (NYSE: INFA), an enterprise cloud data management
leader, today announced that P&N Group in Australia has engaged
Informatica and Snowflake, the Data Cloud company, for cloud
analytics modernization, encompassing Informatica’s Intelligent
Data Management Cloud’s AI-powered cloud-native services including
data ingestion and orchestration, data quality and data governance
on Snowflake Data Cloud for reporting, analytics and data
science.
P&N Group is represented by P&N Bank in Western
Australia and BCU Bank in New South Wales and south-east
Queensland. The new technology partnership with Informatica and
Snowflake is part of P&N Group’s digital transformation
strategy that aims to deliver more personalized banking for its
customers, while ensuring the protection and integrity of customer
data.
The Informatica and Snowflake solution will give P&N Group
greater business agility by rapidly scaling high data volumes and
removing siloed data across P&N Bank and BCU Bank systems to
derive meaningful insights. This will help the bank’s data science
team better support customer satisfaction, retention and the
overall customer experience. It will also provide the bank with
more robust data management for regulatory reporting purposes.
Chris Malcom, General Manager, Data & Open Banking at
P&N Group, said, “As a leading customer-owned banking group in
Australia, P&N Group’s transformation program involves an
investment in strategic platforms that will provide secure data
environments, advanced data ingestion and offer advanced automated
governance tools. Through our digital transformation partnership
with Informatica and Snowflake, we are confident it will help us to
be placed at the forefront of the next generation of banking.”
Richard Scott, Group Vice President for Asia Pacific at
Informatica, said, “This is a partnership that we are truly excited
about, especially with P&N Group’s plan to adopt our new
AI-powered, cloud-native solutions to improve customer experience
and regulatory compliance. We are honored to work alongside a brand
that embodies technology transformation, and we look forward to
supporting them throughout their data-driven-digitalization journey
to bring their data to life.”
Ash Willis, Vice President, Partners and Alliances – APJ at
Snowflake, said, “We look forward to partnering with Informatica to
support P&N Group’s data-led digital transformation that can
help drive the evolution of customer engagement in financial
services.”
About Informatica
Informatica (NYSE: INFA), an Enterprise Cloud Data Management
leader, brings data to life by empowering businesses to realize the
transformative power of their most critical assets. We have created
a new category of software, the Informatica Intelligent Data
Management Cloud™ (IDMC). IDMC is an end-to-end data management
platform, powered by CLAIRE® AI, that connects, manages and unifies
data across any multi-cloud or hybrid system, democratizing data
and enabling enterprises to modernize and advance their business
strategies. Customers in more than 100 countries, including 85 of
the Fortune 100, rely on Informatica to drive data-led digital
transformation. Informatica. Where data comes to life.
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Media Contact: prteam@informatica.com
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