Longtop Financial Technologies (LFT) and Netezza Corporation have announced a sales and marketing relationship in China.

Longtop and Netezza will cooperate to offer Netezza’s data warehouse appliance along with Longtop’s innovative decision support solutions for banking, insurance and securities companies.

Financial institutions in China, as in the rest of the world, face the challenge of leveraging high volumes of data to make faster, better decisions in areas such as credit and risk management, target marketing, customer loyalty and fraud detection. Longtop’s deep experience in data warehouse and decision support systems combined with the speed and simplicity of the Netezza(R) TwinFin(TM) data warehouse appliance will allow financial institutions to meet these challenges more quickly, easily and at a lower cost.

Netezza’s TwinFin data warehouse appliance consists of Netezza software running on a configuration of commercially available, industry standard blade servers. Netezza’s hallmark performance is achieved through its patented software streaming architecture and a set of database accelerator cards that are seamlessly integrated with the blade servers. Netezza’s unique streaming architecture will help address the expanded data needs of organizations in industries that include telecommunications, financial services, retail, digital media and the public sector, as these industries typically have the largest data volumes.