Infosys has set a new global benchmark for the volume of inter-bank payment transactions processed, by conducting a performance benchmark exercise of Finacle
Payments solution version 11.0 on Oracle SPARC T5 servers running Oracle
Solaris 11.2 and Oracle Database version 22.214.171.124.
processed over 75 million payments per hour or over 21,000 payments per second. This
capability supersedes known inter-bank payment transactions volume
requirements of banks of all sizes.
transactions globally consist of both high and low value payments and
these are typically processed in large quantities. Finacle Payments, a
robust, reliable and highly scalable solution, addresses such high
volume requirements of interbank payments across various payment
networks and supports the future growth of banks. Moreover, the solution
enables significant improvement in operational efficiency and reduction
in costs by simplifying and rationalizing multiple payment processing
systems, into a single comprehensive solution.
"As customer engagement models transform, new payment options and
platforms are driving a surge in non-cash payment volumes globally.
Efficient, robust and scalable payment solutions are critical for
financial institutions to manage growth confidently. With this
benchmark, Finacle running on Oracle SPARC T5 servers has clearly
demonstrated its reliability in supporting banks with large payment
volumes as well as helping them future proof the ability to manage
increasing volumes at significantly lower costs." - Michael Reh, Senior Vice President and Global Head, Finacle, Infosys
For more details, see the Infosys November 4, 2014 press release.