Grupo Brasil Plural Gains 100% in Database Performance While Reducing Operational Risks to Support Brokerage Business Growth
 
 

Grupo Brasil Plural Gains 100% in Database Performance While Reducing Operational Risks to Support Brokerage Business Growth

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Grupo Brasil Plural (Brasil Plural Group) owns a broad portfolio of financial products and services, and it has a history of outstanding performance in investment banking, asset management, and resource management. The company, founded in 2003, was known as Flow until its acquisition by Brasil Plural in 2012, which expanded the group’s financial services portfolio. Brasil Plural Group has bold growth objectives for its brokerage within BM&FBovespa—Brazil’s main institution for mediation in capital market transactions.

To achieve these objectives, it needed a new IT structure capable of supporting the brokerage’s increase in data, operations, and business volume while minimizing operational risks.

The company also recently conducted a series of mergers and acquisitions aimed to boost business that involves raising capital and the financial structuring of the company’s purchases and sales. Technology is a strong component of this expansion project, and Brasil Plural chose the Oracle Database Appliance solution to modernize and support all of the brokerage’s transactions. It was also necessary to ensure maximum reliability for the systems’ continuous operation—particularly for SINACOR, BM&FBovespa’s integrated administrative system, which links stock and derivative market participants to the systems of the São Paulo’s stock exchange.

In addition to Oracle Database Appliance, to help meet its goals, Brasil Plural group implemented a package of Oracle solutions, which includes Oracle Database 11g, Enterprise Edition; Oracle Real Application Clusters; Oracle Diagnostics Pack; and Oracle Tuning Pack. Thanks to Oracle, the Brasil Plural Group now has a suitable IT infrastructure to meet the company’s high-growth expectations regarding staff, users, and customers, raising the brokerage’s business capacity by ten times, so it can now support up to 400,000 stock market transaction a day without operational risk. In addition, the migration of the prior system to the Oracle Database Appliance occurred in just two weeks.

 
 

 
 

Challenges

A word from Grupo Brasil Plural

  • "Oracle Database Appliance, along with the other Oracle solutions we implemented, form the heart of the company’s brokerage’s operations. The high availability the system offers us during São Paulo Stock Exchange’s trading sessions is absolutely vital to our business. We have benefited greatly from the system, reducing the amount of customer data and the need for IT support from 20% to 0.5%." – André Cariús, Chief Technology Officer, Grupo Brasil Plural

  • Provide internal and external customers with a high-performance, high-availability, and scalable IT structure compatible with the group’s aggressive growth plans while avoiding operational bottlenecks
  • Meet all quality, availability, and contingency parameters required by financial market regulatory bodies, ensuring maximum availability during trading and posttrading hours
  • Identify problems in the IT environment in advance, enabling the adoption of preventative measures

Solutions

Oracle Product and Services

  • Implemented Oracle Database Appliance and raised the brokerage’s business capacity by ten times, so it now can support up to 400,000 stock market transactions a day, as well as 80,000 transactions in the futures market without any operational risk
  • Gained the ability to satisfy all quality, contingency, and performance standards imposed by the Brasil Plural Group and Brazilian financial market regulatory bodies—BMF&BOVESPA and Comissão de Valores Mobiliários(CVM), Brazil’s securities and exchange commission
  • Achieved performance gains of up to 100% with identification and advance correction of processes using Oracle Tuning Pack and Oracle Diagnostics Pack
  • Reduced the consumption of processing capacity from 20% to 0.5% with the internal system that conducts queries and consolidates information on operations and customers
  • Improved performance balance, increasing usability and avoiding system bottlenecks
  • Gained a more flexible structure that can expand capacity in direct relation to demand, necessitating requests for new product licenses only for growth in business and transactions
  • Centralized all support services, with Oracle partner DBA Corp, so it’s in a single company that is familiar with Brasil Plural’s hardware and software demands, thus increasing productivity and speed whenever support is provided

Why Oracle

“We searched the market for a solution capable of meeting our growth needs as well as regulatory requirements for our sector. With Oracle, we found the package with the best cost-benefit ratio. The company also had what we needed in terms of security, high availability, and performance,” said André Cariús, chief technology officer, Grupo Brasil Plural.

Partner

Brasil Plural brokerage’s implementation of the new infrastructure, based on Oracle solutions, relied on the contributions of Oracle Specialized partner DBA Corp.

“In addition to being very familiar with the Oracle solutions, the DBA Corp. team also understands the financial markets and SINACOR (BM&FBovespa’s integrated administrative system). DBA Corp.  provided us with many details about the products, demonstrated advantages, and supported us during the entire technical decision-making process, supplying the information necessary to calculate what was most suitable to our structure. In addition, DBA Corp. also helped with technical assessments, looking closely at our sales figures and goals,” said André Cariús, chief technology officer, Grupo Brasil Plural. 

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