Monday Aug 31, 2015

Temenos T24 Optimized for Oracle SuperCluster

Earlier this year Temenos, a market leader for banking software, optimized their integrated Wealth Management Platform: Temenos WealthManager,  on Oracle SuperCluster. See blog for details. Now they have optimized their flagship product T24 on it.

T24 is a complete front- to back-office, CRM and product lifecycle management software platform that powers core banking operations. Consistently ranked as the first or second best-selling core banking software platform worldwide for the past 14 years (International Banking Systems Sales League Table), T24 has been developed using a complete service-oriented architecture that’s modular so banks can deploy and integrate the required functionality alongside the needs of their business.

Tests were run with the following:

  • Temenos T24 R14 Core Banking
  • Oracle SuperCluster M6-32 (used at Half capacity) with:
    • 2 x M6 Cabinet : 8 CPU each (50% of CPU capacity )
    • Exadata  Storage Server software
    • Exalogic  Elastic Cloud software
    • Exadata Storage Rack : 9 Storage Cell
  • Oracle Database Enterprise Edition 11GR2
  • Oracle Transparent Data Encryption (Advanced Security)
  • Weblogic Enterprise Edition 11G

Lower TCO, Maximum Performance and Reliability

This solution at a customer deployment provided savings of close to $5.6 million over 5 years with lower TCO and much higher availability. Storing the Temenos core banking data on SuperCluster storage cells costs 50% less than before.

“Temenos T24 on Oracle’s M6-32 SuperCluster engineered system enables Temenos’s customers to securely consolidate their solution at a large ratio without affecting performance, replacing a number of machines with capacity still available for future plans as well as growth. Temenos T24 on Oracle SuperCluster improves efficiency, performance and reduces costs, leading to a better customer experience.  With storage performance improving 10x on existing solutions and a TCO providing massive savings, the platform considerably improves security, performance and availability over existing deployments.” - Simon Henman, Temenos performance manager.

More information about Temenos can be found here.

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Application tuning, sizing, monitoring, porting on Solaris 11

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