Tuesday Oct 27, 2015

New Record for Infosys Finacle on Oracle SuperCluster M7

Today Infosys Finacle announced that its Finacle Core Banking Solution running on an Oracle SuperCluster M7 has set a new record for the number of banking transactions processed. In the test, which was observed and reviewed by the global advisory firm Ernst & Young, the solution supported more than 2.0 billion bank accounts with near linear scalability. The tests were conducted across a mix of delivery channel transactions that could originate from branches, ATMs, online and mobile channels. The test was simulated on the Finacle database of more than 65 terabytes having more than 210,026 branches.

Finacle processed 279 million business transactions per hour (i.e. 446.76 million effective transactions per hour) which is equivalent to more than 77,000 business transactions per second (i.e. more than 124,000 effective transactions per second), to manage workloads comprising customer touch points across delivery channels and third-party systems.

What was tested:

  • Finacle Core Banking version 11.1.2
  • Oracle SuperCluster M7
  • Oracle SPARC T7 and M7-16 servers
  • Oracle Database 12c 
  • Oracle WebLogic Server 12c
  • Oracle Solaris 11.3
  • Oracle Solaris Studio 12.4
  • Oracle All Flash FS Storage Systems

PCI DSS security compliance on Oracle Solaris 11.3 was completed as well.

Read the press release here

Tuesday Oct 13, 2015

Asseco def3000/CB Core Banking Systems Optimized on Oracle SuperCluster

 “Our biggest clients need highly performant and scalable systems to grow their business and consolidate data from other banks in the future.  With Oracle SuperCluster we can offer a platform that meets these requirements and offers our. Oracle Systems are now a preferred platform customers lower TCO for Asseco's def3000/CB solution.”- Robert Płociński, Technical Director, Commercial Banks Dept, Asseco

Asseco Poland is the largest IT company listed on the Warsaw Stock Exchange. It has developed technologically advanced software solutions for companies and institutions of all key sectors of the economy for more than 20 years. Today, Asseco is the number one IT powerhouse in Central Europe and the sixth largest software vendor in Europe.

Their def3000/CB (Core Banking) system constitutes the central point of their product offerings for a modern financial institution. It is a state-of-the-art, comprehensive tool, which allows to pursue an effective, efficient and competitive policy of the Bank.

Recently Asseco tested and tuned def3000/CG on Oracle SuperCluster and achieved Oracle Exastack SuperCluster Optimized Status.

Here's what they tested:

  • def3000/CB 10.05.000N
  • Oracle SuperCluster T5-8 Half Rack using Solaris Zones and 4 Exadata X5 HC storage nodes
  • Oracle WebLogic Server 11g
  • Oracle Database Enterprise Edition Release
  • Oracle Real Application Clusters
  • Oracle Partitioning

Oracle Solaris 11 Oracle SuperCluster accommodated the workload requirements and performance SLAs from their biggest customers as well as near linear scalability with RAC and Database partitioning.

It met business and technical requirements to be a preferred platform for def3000.

For more information about def3000 check here.

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 is 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

(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 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


Application tuning, sizing, monitoring, porting on Solaris 11


« November 2015