Central Banks Rely On MySQL Based Simulator
By Bertrand Matthelié on Jan 11, 2011
We recently published a case study describing how central banks worldwide rely on the Bank of Finland's MySQL based simulator.
of Finland (BoF) acts as Finland's central bank, national monetary authority,
and member of the European System of Central Banks and the Eurosystem.
The BoF developed a MySQL based versatile system for making payments and settlement simulations, used for analyzing liquidity needs, risk issues, changes in authority policies & regulations, and more. Running on Windows, the application has been widely adopted by central bank economists worldwide.
The Simulator is managing large data sets and thus needed a robust database as its foundation. Key requirements to select the database included:
· Low Costs
· Performance & Scalability
· Ease of Use
You can read more about why the Bank of Finland selected MySQL to power its economic simulator in our case study, posted here.
For more information about MySQL on Windows, check out our MySQL on Windows Resource Center, and, join today's Oracle TechCast Live: "MySQL 5.5 Does Windows" with Mike Frank at 10.00 am PT!