Thursday May 08, 2014

Reliance Commercial Finance Accelerates Time-to-Market, Improves IT Staff Productivity by 70%

Reliance Commercial Finance provides loans for real estate, commercial and private vehicles, construction equipment, and infrastructure to more than 70,000 customers, including businesses and individuals. The company has an operational presence that spans 66 locations in India, and it is one of the fasting growing nonbanking financial companies in the country.

With more than 2,000 users accessing the company’s core applications every day, the legacy IT infrastructure was struggling to process more than 6,000 daily transactions, especially during peak periods, such as the last five days of each month. It was also time-consuming and costly to manage and track customer-loan applications and approvals across multiple systems. The legacy system increased customer churn and time to market. 

To address these issues, the company implemented Oracle WebLogic Suite and Oracle Exalogic Elastic Cloud to ensure high-performance, high availability, and scalability for its core applications. It also enabled seamless integration with Oracle Exadata Database Machine. These implementations accelerated loan transaction speed by 30% and increased IT staff members’ productivity by 70%. In addition, the financial institution improved its competitiveness by accelerating the customer loan approval process by 3x and slashing new application deployments from eight weeks to one day, thereby increasing customer satisfaction. Complete details of Reliance Commercial Finance's use case can be found here.

Tuesday May 14, 2013

Oracle Traffic Director - download and check out new cool features in 11.1.1.7.0

As Oracle's strategic layer-7 software load balancer product, Oracle Traffic Direct is fast, reliable, secure, easy-to-use and scalable; that you can deploy as the reliable entry point for all TCP, HTTP and HTTPS traffic to application servers and web servers in your network.

The latest release Oracle Traffic Director 11.1.1.7.0 is available for ExaLogic and Database Appliance! For download and details please visit the Traffic Director OTN website.

It this release, we have introduced some major new functionality and improvements.

Web application firewall. Oracle Traffic Director supports web application firewalls. A web application firewall (WAF) is a filter or server plugin that applies a set of rules, called rule sets, to an HTTP request. Using a web application firewall, users can inspect traffic and deny requests to protect back-end applications from CSRF vulnerabilities and common attacks such as cross-site scripting.

WebSocket Connections. Oracle Traffic Director handles WebSocket connections by default. WebSocket connections are long-lived and allow support for live content, games in real-time, video chatting, and so on.

Support for LDAP/T3 Load Balancing. Oracle Traffic Director now supports basic LDAP/T3 load balancing at layer 7, where requests are handled as generic TCP connections for traffic tunneling. It works in full-NAT mode.

Please download and try it out. For more information, check out the data sheet and the documentation:

http://www.oracle.com/us/products/middleware/application-server/oracle-traffic-director-ds-1389582.pdf

http://docs.oracle.com/cd/E23389_01/doc.11116/e21036.pdf


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