Thursday Feb 19, 2015

Temenos WealthManager is Optimized for Oracle SuperCluster

Temenos, a market leader for banking software, is always looking for ways to use innovation to improve banking for their customers. The benefits of using modern software are clear to them: customers are more agile, able to offer more personalized products and services, to operate at lower unit costs, to react quicker to market opportunities and to manage risk better. Temenos has grown its product set from core banking to payments, wealth management, business analytics and channels, offering a comprehensive solution set to meet the industry’s needs. It has more than 1,600 installations in over 150 countries.

WealthManager is an integrated Wealth Management Platform designed to simplify and improve the daily work of professionals who advise and serve private investors. Recently Temenos achieved Oracle SuperCluster Optimized status after testing and tuning WealthManager R13 on Oracle SuperCluster T5-8 with Oracle Solaris 11, Oracle Database 11g Release 2 and Oracle Exadata Storage Server Software 11g. They wanted to test the high scalability of WealthManager to enable rapid expansion of customer implementations and support the high-volume requirements of the largest banks while increasing customer satisfaction by meeting financial processing SLAs.

"A testament to WealthManager scalability is Oracle SuperCluster's ability to handle CPU & I/O intensive operations yielding throughput benefits that enable us to meet stringent Service level agreements" - Janet Julian, Product Manager, WealthManager, Temenos.

The results showed high intensity financial engines executing 2x-3x faster compared to previous benchmarks and their largest customer throughput, as well as less than 2s average response times for 3x users and data volumes.

More information about Temenos can be found here. Oracle Exastack Optimized program information cab be found here.

Friday Dec 05, 2014

Record Performance and Seamless Scalability in Core Banking with Infosys Finacle and Oracle SuperCluster

New White Paper                               

Demonstrating extraordinary performance and scalability, an Infosys Finacle core banking solution version 10.2.13, running on an Oracle SuperCluster T5-8 system recently set a new global benchmark for the number of transactions processed across key banking functions. In a test that was audited and reviewed by a global business consulting and audit firm, the solution supported more than 1.9 billion bank accounts with near linear scalability. The test also saw Infosys Finacle processing 726 million effective transactions in four hours, or more than 50,000 average transactions per second. The press release was issued by Infosys a while back.

A new whitepaper describers the technical details behind the testing and results of this work and how it sets a new standard of scalability for core banking infrastructure.

Read the white paper for details.

Thursday Apr 10, 2014

Infosys Finacle Supports Over 1.9 Billion Customer Accounts on Oracle SuperCluster with Oracle Solaris 11

Infosys announced on April 9, 2014 that its Finacle core banking solution(1) running on an Oracle SuperCluster engineered system(1) has set new global benchmarks for the number of transactions processed across key banking functions. The solution supported over 1.9 billion(2) bank accounts with near linear scalability – a number higher than the current population of China the most populous country in the world(3)!

The tests were conducted across a mix of 12 business-critical online transactions and batch processes. The Finacle solution(1) was tested on an Oracle SuperCluster and Oracle SPARC T5 servers with Oracle Solaris 11 to determine its performance and scalability parameters.

The test also saw Finacle processing 726 million effective transactions in four hours, or over 50,000 average transactions per second, to manage workloads comprising of multiple online transactions and customer touch points as well as third-party systems. 
  • The Finacle core banking solution(1) processed interest accruals for over one billion term deposit accounts in less than 87 minutes, or an average of 213,000 records per second.
  • The solution demonstrated its ability to manage large delivery channel workloads by processing 204 million effective transactions in 35 minutes, or an average of 97,000 effective transactions per second.
  • Interest payments to over 79 million savings accounts were processed in 32 minutes, or an average of 41,000 transactions per second.
  • The test was simulated on the Finacle database of over 49 terabytes having over 205,000 branches and more than a million branch users.
  • Finacle’s latest performance levels(1) have shown an improvement of three to five times over its own earlier established benchmarks.

Infosys achieves Oracle SuperCluster Optimized Status
Infosys Finacle(1) has earned the Oracle SuperCluster Optimized status through Oracle PartnerNetwork (OPN), demonstrating that Finacle(1) has been tested and tuned on Oracle SuperCluster to deliver speed, scalability, and reliability to customers. Infosys is a Diamond level member of Oracle PartnerNetwork.

Read the press release.

News spreads fast: Marketwatch, PRNewswire, Business Standard, Kerala IT News, AD HOC NEWS, moneycontrolIIFL, WN

More information about Infosys on Oracle SuperCluster:
Infosys Finacle Core Banking Solution on Oracle SuperCluster and Oracle’s SPARC T-Series Servers

Notes:
(1) Infosys Ltd., conducted a performance benchmark exercise of Finacle Core Banking Solution version 10.2.13 (herein referred to as ‘Finacle’) on Oracle Solaris 11.1 operating system, Oracle T4/T5 servers at the web, JEE and application layers. Further, Oracle RAC database was deployed on Oracle SuperCluster, WebLogic Server 10.3.6 was deployed on JEE servers and Oracle Http Server 11.1.1.6 was deployed on Web servers for online transaction processing mix of 12 business critical transactions
(2) The benchmark was simulated on Finacle database of size 49.84TB having 205,028 branches, 947,364,904 customers, total of 1,969,026,822 accounts, 17,825,570,000 transaction history and 1,037,904 branch user.
(3) China’s population figure as of 2012 from World Bank website
(4)As per the recent CEB Towergroup report titled Planning Your Cross-Channel Future published on Dec 2012, the total volume of transactions per year in US is 73.9 billion or 205 million transactions per day

About

Application tuning, sizing, monitoring, porting on Solaris 11

Search

Categories
Archives
« March 2015
SunMonTueWedThuFriSat
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
27
28
29
30
31
    
       
Today