Garanti Bank, founded 63 years ago, is Turkey’s second largest private bank, holding US$78 billion in assets. Doğuş Holding in Turkey and Banco Bilbao Vizcaya Argentaria (BBVA) in Spain are equal partners in the bank.
Garanti is an integrated financial services company with its nine subsidiaries that serve the corporate, private, commercial, midsize enterprise, retail, and investment banking markets. It provides payment systems, pension, leasing, factoring, brokerage, and asset management in addition to standard banking services. Garanti serves customers through a strong, extensive distribution network of 880 branches, nearly 3,000 ATMs, an award-winning call center, and mobile and online banking facilities built on a cutting-edge IT infrastructure.
To support its branch network and maintain its leadership position, Garanti Bank requires centralized operations management, superior data warehousing, reliable management reporting systems, and effective alternative delivery channels. It enhances its operational efficiency and profitability by continuously investing in alternative delivery channels, such as internet banking, mobile banking, and Garanti Paramatik, the bank’s ATM network. Most recently, Garanti Bank added Oracle Exadata Database Machine to improve data warehouse queries and support its goal of becoming the most profitable bank in Turkey. With Oracle Exadata, the bank can run faster reports, which gives users visibility into key metrics, including metrics for profitability and risk management.
Garanti Bank did not consider other manufacturers, but compared Oracle Exadata Database Machine with the deployment of Oracle Unix boxes that included a storage area network. Oracle Exadata’s predictable extreme performance―coupled with out-of-the-box configuration that offers the fastest time to value, lowest risk, and unlimited scale to match Garanti Bank’s ambitious growth plans―clinched the decision.
In three months, Garanti Bank moved from Oracle Exadata Database Machine Version 1 to Oracle Exadata Database Machine X2-2, including conversion of 2,500 reports.