Cetelem España Grupo BNP Paribas Implements New Products and Services in Minutes, Forecasts Savings of Nearly 4x for System Investment
 
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Cetelem España Grupo BNP Paribas Implements New Products and Services in Minutes, Forecasts Savings of Nearly 4x for System Investment

Cetelem is a banking institution, part of the BNP Paribas’ personal finance division, specialized in providing consumer, real estate, and car loans; credit cards; saving accounts; and insurance products in more than 20 countries in Europe, in addition to Asia/Pacific and Latin America. Founded in 1953 in France as a financial partner to major retail groups that supported their growth by making consumer credit easily available, it has grown to become a leading consumer-finance bank in continental Europe.

Cetelem España, the Spanish division of the brand, was established in Spain in 1988. Today it is a leader in the Spanish consumer credit market with more than 2.5 million customers and 4,000 points of sale across Spain, growing by 272,000 customers in 2012 alone. As of December 2012, Cetelem España managed 400,000 credit cards, representing more than US$5 billion in outstanding risk exposure.

 
 

 
 

Challenges

A word from CetelemEspañaGrupo BNP Paribas

  • “We decided to deploy Oracle’s engineered systems, Oracle’s SPARC servers, and Oracle’s Sun ZFS Storage appliances for multiple reasons. The most important being extreme performance, reliability, and scalability combined with optimal total cost of ownership and cost savings. Compared with other vendors’ solutions, like IBM, Oracle-on-Oracle platforms are tuned to perfection and provide the system power that our IT department requires to support sustained business growth, which is mission-critical for our company.” – Ricardo Fargallo, Enterprise Architect, Cetelem España.

  • Adopt open systems to downsize the corporate systems hosted for Cetelem’s subsidiaries in more than 20 European countries, with Cetelem España serving as project leader and pilot implementer to determine the best approach to system architecture and deployment
  • Consolidate existing infrastructure and provide a high-performance, scalable, and efficient IT platform for business speed and flexibility and that supports ambitious business growth objectives—including10% annual growth across Cetelem’s business operations in Europe’s consumer credit markets
  • Standardize and consolidate the group’s information technology (IT) infrastructure by moving from traditional application silos to cloud computing with centralized management where computing resources are distributed as needed
  • Improve business agility and drive revenue by reducing time to market for new products and services—such as partner-branded consumer loans—from days to minutes
  • Ensure business continuity to mitigate risks of business losses—such as penalties incurred by unfulfilled service level agreements with business-to-business customers—by reducing data retrieval times from hours to seconds

Solutions

  • Deployed a pre-integrated database grid with Oracle Exadata Database Machine to simplify IT management through database server, storage server, and network standardization and consolidation
  • Ensured business continuity with complete redundancy and provided cost-effective scalability on demand
  • Consolidated numerous servers and storage systems (72 total elements) to two Oracle Exadata and Oracle Exalogic platforms combined with Oracle’s SPARC T4 servers, running Oracle Solaris, and Oracle Sun ZFS Storage 7420 appliance to eliminate duplicate investments, cut hardware costs, and lower software license costs
  • Enabled extreme application performance by deploying Oracle Exalogic Elastic Cloud X2-2, executing mission-critical applications 5x to 30x faster, for example, by seamlessly processing 100,000 daily credit card payments, on average—with peak loads of up to 10 transactions per second and 400,000 transactions per day
  • Reduced hardware and software total cost of ownership to US$5.6 million for a three-year period—with forecasted savings of US$3.9 million in comparison to a solution with products from various vendors and US$10.8 million in comparison to the IBM platform that the company used previously
  • Used Oracle WebLogic Server and Oracle Coherence to deploy partner-branded, consumer credit products and services within minutes instead of days, enabling the company to generate revenue without increased IT infrastructure costs
  • Gained capability to forecast IT costs without surprises to support sustained business growth above 10% annually
  • Enabled visibility and decision-making in real time with unequaled data warehouse and online transaction processing performance
  • Improved service quality with better Java performance to fulfill service level agreements for business-to-business customers—who use Cetelem’s IT infrastructure to offer consumer credit for household appliances and similar products under their own brands that require contractually agreed upon availability and latency
  • Cut data center space, power consumption, and cooling requirements while reducing backup data volume with Oracle Hybrid Columnar Compression by a factor of 4 to 10
  • Mitigated risks inherent in implementing, maintaining, and servicing a large IT infrastructure and reduced staffing requirements by relying on a complete, integrated solution from a single manufacturer that offers extreme performance and uniform reliability at a much lower TCO

Why Oracle

“During the first selection round, we eliminated vendors that could not meet our requirements. The second round consisted of a formal request for proposal to Oracle and IBM. Oracle not only offered the superior solution, both in terms of performance and scalability, but also presented important economical advantages. We forecast cost savings within three years that will be nearly 4x as high as the combined investment in Oracle technology,” said Ricardo Fargallo, enterprise architect, Cetelem España Grupo BNP Paribas.