Banif Corretora de Valores e Câmbio S.A. Offers Clients Real-Time, Secure Information through Online Investing Portal
 
 

Banif Corretora de Valores e Câmbio S.A. Offers Clients Real-Time, Secure Information through Online Investing Portal

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Banif Corretora de Valores e Câmbio S.A. is a securities and foreign exchange brokerage that forms part of the Banif Group of Portugal. The company controls BanifInvest, an online investing portal authorized by BM&FBovespa (the Brazilian stock exchange), which enables the company’s clients to buy and sell stocks and options online. The Banif Group also operates in Brazil through Bancos de Investimento e Commercial (Investment and Commercial Banks).

 
 

 
 

Challenges

A word from Banif Corretora de Valores e Câmbio S.A.

  • “With Oracle GoldenGate, we are able to display real-time information to our clients while maintaining the integrity of critical system data, including treasury information, without affecting the performance of our IT environment.” – Everson Ramos, Superintendent of IT, Banif Corretora de Valores e Câmbio S.A.

  • Automate replicating data into various systems—such as the treasury, fixed income, and income tax systems—to update customer account statements in real time on the online investing portal
  • Consolidate client transaction information distributed among various databases to enable quick transaction postings to the online trading portal for transactions totaling US$61.65 million per day on the BM&FBovespa
  • Maintain the company’s competitiveness in financial markets by displaying transaction information as quickly as possible to its 55,000 active clients

Solutions

Oracle Product and Services

  • Worked with Oracle Partner Discover to implement Oracle GoldenGate and automate the online investing portal’s data load rather than relying on manual, day-end processes
  • Eliminated manual updating of investing portal’s data load and began offering real-time updates to customer account statements
  • Centralized and standardized treasury, fixed income, income tax payment, and write-off data from various databases to Oracle Database, Enterprise Edition, ensuring the integrity of the online investing portal
  • Enabled real-time updates of client transactions and equity in investment funds and clubs that previously could only be seen the next day
  • Maintained the security and integrity of treasury, fixed income, and income tax systems since it is now possible to display client data through replication without accessing the systems
  • Streamlined services offered to customers through the online trading portal, thanks to Oracle GoldenGate, and ensured easy system performance maintenance without additional investments in hardware or memory

Partner