Sterci processes financial messages 7x faster while lowering TCO
By R A Sanyal on May 16, 2013
Headquartered in Geneva, Sterci Group is a market-leading financial messaging solutions company with subsidiary divisions in London, Brussels, Toronto, New York, Paris, Riyadh, Singapore and Zurich. Sterci’s products and services provide banks, corporations and financial institutions with integrated business solutions for transactional banking, multi-bank connectivity, full data integration, reconciliation, cash management, zero balancing and market data management.
Sterci partners with Oracle to deliver mission critical and best-in-class solutions their clients can depend upon. Many of their customers were running old financial messaging switches like IBM mainframes and HP’s Tandem type platforms that are very expensive to support. Sterci’s view was to help those organizations lower their total cost of ownership. Sterci wanted an application server environment that had transactional monitoring capabilities that were robust, high performing, easy to distribute, and widely supported in the market.
Oracle Tuxedo was an obvious fit. Tuxedo is widely distributed, widely used, mature, highly available and highly performing. With Oracle Tuxedo and Exalogic, Sterci went from processing half a million to 3.5 million financial messages per hour while lowering the total cost of ownership. Watch the video, Sterci Clients up to 7x Faster with Oracle Tuxedo, with Rob Kotlarz, Business Development Director, of Sterci to learn more.
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