Thursday Dec 24, 2015

The Advantage of Running Temenos on Oracle Engineered Systems

Temenos, a market leader in banking applications, recently won the prestigious Oracle Excellence Award for Exastack ISV Partner of the Year for EMEA.

In the following video Simon Henman and Martin Bailey from Temenos discuss their banking applications and the main challenges their customers face.  They also discuss how Oracle Engineered Systems address these challenges and allow their customers to focus on their banking task itself and not on the infrastructure. That is why they recommend them to their customers and have become Oracle SuperCluster, Exadata and Exalogic Optimized.

In previous blogs we discussed how their main application T24 is SuperCluster Optimized as well as their WealthManager application.

Watch the Video.

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.

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.

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Application tuning, sizing, monitoring, porting on Solaris 11

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