IBM, Infosys set record in performance benchmark for Finacle
Bangalore, Dec 5 (UNI) IBM and Infosys today announced record- setting results of a performance benchmark for Infosys' Finacle Core Banking Solution running on IBM's System p Servers that far outperform all such published benchmarks by a wide margin.
As a result, banks worldwide would be able to process rapidly growing volumes of transactions faster and more reliably at an even lower cost per transaction, IBM said in a release here.
In the recent scalability benchmark, reviewed by Ernst and Young, Finacle on IBM System p servers surpassed its own previous record as the most scalable core banking solution in the world. Finacle on IBM System p benchmark performed on a base of over 52 million accounts, delivering a transaction throughput on delivery channels at 29,010 effective transactions per second (ETPS) beating its own previous best of 11,180 ETPS. The new delivery channels transaction processing benchmark translated to a business transaction throughput of 19,288 business transactions per second (TPS).
For On-Line Transactions Processing (OLTP), a throughput of 11,476 ETPS was recorded (which translated to 7,790 business TPS) and for term deposit interest booking batch processing, the system processed 39,408 accounts per second.
''The results of this benchmark with IBM have reinforced Finacle's value proposition as the most scalable and robust core banking solution in the world and a solution ideally suited for global Tier 1, Tier 2 banks and other large and fast growing banks across the world. Finacle coupled with IBM's System p servers will enable our clients to manage aggressive growth efficiently, reliably and at an even lower total cost of ownership,'' Mr Merwin Fernandes, Vice-President and Business Head, Finacle, Infosys, said.
IBM India Country Manager for System p Jyoti Satyanathan said ''we have invested extensively in the advancement of the IBM System p platform to allow our customers to reap real business benefits from our technology innovation. The result from this benchmark is further proof that customers from banking organisations have much to gain in areas of better cost efficiencies, scalability and resource utilisation when running Finacle on IBM System p servers. This is one more example of how we are addressing the needs of our customers who are looking to innovate for business value.'' UNI VK GD TS1712