(Source: Business Wire)

Netezza
Corporation (NYSE: NZ), the global leader in data
warehouse and analytic appliances, today announced that
IntercontinentalExchange (NYSE: ICE) has selected Netezza to meet their
business intelligence needs. Atlanta-based ICE recognized the analytics
offered through the Netezza platform provided the best database solution
over competing providers to help them lower their total cost of
ownership through speed and simplicity.
ICE is a leading operator of regulated global futures exchanges,
clearing houses and over-the-counter markets for agricultural, credit,
currency, emissions, energy and equity index markets. The Netezza®
TwinFin appliance is used by ICE as its next generation data warehouse
and provides the foundation for ICE's expanded regulatory compliance and
reporting platform.
"TwinFin has allowed us to reduce the complexity of regulatory reporting
and processing of exchange data from days down to minutes," said Edwin
Marcial, chief technology officer for ICE. "Due to the TwinFin's speed,
simplicity and capacity for handling large volumes of data, we are able
to provide our compliance departments the fastest, most functionally
rich reporting platform in the industry. Our investment in
next-generation technology for our compliance teams represents our
strong commitment to leading-edge technology and to regulatory
compliance."
The Netezza TwinFin data warehouse appliance is built specifically to
analyze petabytes of detailed data significantly faster than existing
data warehouse options, at a much lower total cost of ownership. It
stores, filters and processes petabytes of records within a single unit,
analyzing only the relevant information for each query. Netezza has
placed the CPU power next to the data, allowing its appliances to speed
through processes that would occupy most data warehouse systems for
hours, or even days, thereby enabling dramatic increases in productivity
across organizations.
"Organizations across various industries, like ICE, are realizing the
untapped value of their stored data and how analytics can truly help
gain an edge in this competitive environment," said Jim Baum, president
and CEO of Netezza. "ICE's use of the Netezza solution to deliver
complex reporting across massive amounts of data is a great example of
how real-time analytics can deliver a competitive advantage to virtually
any industry."
About IntercontinentalExchange
IntercontinentalExchange® (NYSE: ICE) operates leading regulated
exchanges, trading platforms and clearing houses serving the global
markets for agricultural, credit, currency, emissions, energy and equity
index markets. ICE Futures Europe® hosts trade in half of the world's
crude and refined oil futures. ICE Futures U.S.® and ICE Futures Canada®
list agricultural, currency and Russell Index markets. ICE offers trade
execution and processing for the credit derivatives markets through
Creditex and ICE Link, respectively, and CDS clearing through ICE
Trust and ICE Clear Europe®. A component of the Russell 1000® and S&P
500 indexes, ICE® serves customers in more than 50 countries and is
headquartered in Atlanta, with offices in New York, London, Chicago,
Winnipeg, Calgary, Houston and Singapore. www.theice.com.
About Netezza Corporation
Netezza Corporation (NYSE: NZ) is the global leader in data warehouse
and analytic appliances that dramatically simplify high-performance
analytics across an extended enterprise. Netezza's technology enables
organizations to process enormous amounts of captured data at
exceptional speed, providing a significant competitive and operational
advantage in today's data-intensive industries, including digital media,
energy, financial services, government, health and life sciences, retail
and telecommunications. Netezza is headquartered in Marlborough,
Massachusetts and has offices in Northern Virginia, Canada, the United
Kingdom, Germany, France, Poland, Japan, Korea, Australia and Singapore.
For more information about Netezza, please visit www.netezza.com.
Netezza® TwinFin and the "N" logo are either registered trademarks or
trademarks of Netezza Corporation. Other names may be trademarks of
their respective owners.
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