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Success stories: 'Financial' category

SNS Bank Migrates to JBoss Enterprise Platform

SNSFC56mm

Industry: Financial Services
Challenge: SNS Bank’s IT systems handle 500,000 daily transactions produced by various applications on 3,300 workstations. The bank’s front-end system was reaching its technical and economical limit and was reducing the opportunity for innovation and scalability within the organization. The SNS IT team, responsible for cost savings, looked for a solution that was flexible, stable, and scalable.
Solution: Software: JBoss Application Server
Hardware: 8 IBM X-series servers
Benefits:

  • SNS Bank was able to rapidly deploy its new system onto 3,300 workstations in nine months.
  • The bank experienced reduced licensing costs and overall cost savings after migrating to JBoss solutions.SNS Bank also experienced a reduction in hardware demands following the implementation of its new system.
  • Increased stability and reliability of the organization’s production platform was enjoyed following its migration.
  • » Read more


UTI Bank achieves 99.99% uptime at call center with Red Hat Enterprise Linux & Red Hat Cluster Suite

Industry: Banking
Challenges: Customize CRM to a high degree. Handle a rapidly scaling call workload without any disruption in services. Allow call center agents to have an “always connected” view of the database
Solution: Platform: Red Hat Enterprise Linux
Software: Oracle 11i E-business Suite, Oracle 9i Database & Red Hat Cluster Suite
Benefits: Servers handle close to 7,000 calls a day with 99.99% uptime.
System can accomodate massive growth in call volumes over the next two years.
Complete freedom from viruses and security related risks.
» Read more


PLUS Finanzservice chooses Red Hat Enterprise Linux

Results in better service for Ikea, Hornbach and H&M customers

Installation:

Principal results:

  • 30% reduction in total operating expenses
  • High platform availability for critical business applications
  • Not dependent on a single-source manufacturer
  • High scalability
  • Greater availability allows better service

» Read more


LVM chooses Red Hat Solutions as strategic platform for the future

Industry: Financial Services, Insurance
Geography: Germany
Goal: Find a Linux-solution backed by enterprise-level support while retaining vendor-independence
Solution: Clients: Red Hat Desktop and IBM ThinkPad notebook computers.
Servers: Red Hat Enterprise Linux and Fujitsu Siemens, Sceneo & Futro hardware.
Systems Management: Red Hat Network
Benefits: Cost-effective client and server solution from a trusted vendor. Easy, quick deployment and on-going systems management. On-going confidence via Open Source Assurance program.
» Read more


BPU

Leading Italian bank chooses Red Hat Enterprise Linux and Red Hat Desktop

Industry: Financial Services
Geography: Italy
Challenge: Cut costs and grow revenue. Create a cohesive IT infrastructure following massive merger.
Solution: Red Hat Enterprise Linux and Red Hat Desktop
Benefits: Escape from vendor lock-in. Lower costs with high reliability and performance. Simplified systems management.
» Read more


International Bank of Azerbaijan Chooses Red Hat Enterprise Linux for its Mail and Internet Server

Industry: Financial Services
Geography: Azerbaijan
Challenge: An overloaded email system. An IT system that didn’t deliver the reliability or security needed for modern e-banking.
Solution: Red Hat Enterprise Linux on Fujitsu-Siemens RX200 servers; a Cistron RADIUS server, BIND (DNS) and VPN routing.
Benefits: An increase in email users from 120 to 700. An improved IT infrastructure with servers that support new functionality, such as the VPN-channels that now branch throughout Europe.
» Read more


Indiabulls achieves 10 times more performance by migrating from HP Tru64 to Enterprise Linux

Industry: Financial Services
Challenges: Handle highly volatile user traffic and accomodate rapid growth. Seamlessly migrate from legacy UNIX-RISC environment. Improve network performance, while simultaneously reducing costs. Eliminate downtime
Solution: Software: Red Hat Enterprise Linux, Oracle 9i Database & Order Routing System
Benefits: Enterprise Linux on x86 servers generate 10 times more performance than the earlier UNIX-RISC infrastructure. Linux’ inherent security provides a hassle free solution.
» Read more


Fiserv Investment Support Services (Fiserv ISS) expands and innovates with Red Hat and HP

Fiserv Investment Support Services (Fiserv ISS), one of the largest trustees of self-directed retirement plans in the U.S., recently adopted an Itanium 2-based HP Integrity server platform equipped with the Red Hat Enterprise Linux operating system and an Oracle®Database 10g with Oracle Real Application Clusters to process its customers’ financial data. Nearly five times as fast as the company’s former mainframe-based RISC platform, the Integrity server environment enables Fiserv ISS to exceed ever faster and more complex client service-level agreement (SLA) requirements and enhance the quality, agility, and efficiency of its services while reducing hardware and software costs.


CitiStreet Hits the Road Running with Red Hat

citistreetIndustry: Financial

Geography: North Quincy, Massachusetts (also New Jersey, Florida, and Australia)

Challenge: CitiStreet faced increasing volume on its Web applications, both from an expanding client base and increased utilization of the Web by the plan participants they service. An earlier migration-from a C-based solution to Enterprise Java-had been successful but now required ongoing improvement. CitiStreet needed to future-proof its Web infrastructure and stay on budget.

Solution: Software: JBoss Application Server 3.2, Red Hat Enterprise Linux 4, Sun Java Virtual Machine 5.0
Hardware: HP ProLiant DL series servers (DL 580s and DL 360s)
Services: JBoss Consulting, JBoss On-site Training, JBoss Platinum Subscription, Red Hat Professional Services, Red Hat Support delivered through HP

Benefits: Significantly increased hardware resources without incurring any software licensing costs. Hundreds of thousands of dollars in additional cost savings per year with subscriptions to Red Hat Network and JBoss Operations Network. Improved performance and user experience on CitiStreet website. A resilient, highly-available, secure infrastructure to support long-term business growth. High-quality and responsive 24×7x365 support from knowledgeable, technical staff.
» Read more


Central Bank of India

Bank expects to save $1 million over two years after adopting Linux as its infrastructure platform.

Industry: Banking
Geography: India

Central Bank of India is one of the largest banks in India. Established in 1911, it was the first Indian commercial bank to be wholly owned and managed by Indians. Sir Sorabji Pochkhanawala, founder of the Bank proudly declared on its establishment that Central Bank was the ‘property of the nation and the country’s asset.’ The bank’s customer base of 25 million is among the largest in the industry and it has 3115 branches spread across the vast geography of India. Progressive management and far-sighted leadership have ensured that the bank has maintained its status as an asset for the country.
» Read more


Canara Bank

Red Hat Enterprise Linux to power mission critical banking services on approximately 1,000 servers and 10,000 desktops. Largest deployment of Red Hat Enterprise Linux in the Indian BFSI segment till date

Industry: Banking
Geography: India
Challenges: Automate more than 1000 branches across the country. Modernize branch automation. Retain existing hardware. Seamlessly migrate a custom designed TBA package to the latest platform.
Solution: Software: Red Hat Enterprise Linux
Application: Integrated Branch Banking Software (IBBS)
Benefits: Improvement in system performance by more than 8 times. Significant TCO reduction by eliminating the need for purchasing new hardware and software licenses
» Read more



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