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Oracle Customer: OTP Bank Plc
Location: Budapest, Hungary
Industry: Financial Services
Employees: 8,000
Annual Revenue: $500 Million to $1 Billion
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Oracle Customer: OTP Bank Plc
Location: Budapest, Hungary
Industry: Financial Services
Employees: 8,000
Annual Revenue: $500 Million to $1 Billion
OTP Bank Plc is the largest commercial bank in Hungary with assets totaling US$28 billion. A leader in all financial services sectors, OTP Bank Plc offers more than 1,000 loan, mortgage, saving, credit and debit card, and investment products. The institution serves 13 million corporate, private, and retail customers in Hungary and eight other countries in central and eastern Europe, and it has a network of almost 1,500 branch locations.
OTP Bank Plc needed to improve system performance for a relaunch of its e-banking solutions portfolio, which provides an interactive user interface with dashboard views of each customer’s accounts, personalized screen views, and short-cuts to favorite applications. To achieve this while retaining its existing Oracle-based IT platform, the bank upgraded its server and processor hardware to Oracle’s SPARC T-Series family of servers, which delivered a 12-fold increase in database-layer performance. The SPARC T-Series servers also generated speeds that were eight-times faster for the application layer, cut server cooling costs by 65%, reduced the hardware footprint by 88%, lowered licensing costs for its Oracle software by 11%, and reduced IT support costs by 71%.
“SPARC T-Series of servers and processors underpin OTP’s ability to provide some of the most advanced banking solutions in the Hungarian market and a rich user experience for our customers.” – Géza Boros, Head of IT Development, OTP Bank Plc
OTP Bank Plc had enjoyed successful, long-term use of Oracle hardware and software for critical customer-facing operations prior to the upgrade, a large consideration in choosing the SPARC T-Series family of servers as the preferred solution for its e-banking hardware upgrade. The bank also evaluated HP Integrity Servers, but wanted to continue enjoying the benefits of the integrated engineering expertise behind SPARC T4 and its operating system, middleware, and database.
“Oracle gives us the entire technology stack, pre-engineered for maximum availability, stability, and flexibility, from a single vendor. These technical synergies provide unparalleled price-performance for us and give Oracle a unique competitive advantage in the market,” said Géza Boros, head of IT development, OTP Bank Plc.
Oracle Partner
Invigor Informatika Kft
Oracle Partner Invigor Informatika Kft managed the migration and upgrade from the existing Oracle infrastructure to SPARC T-Series family of servers. The implementation went live in only four weeks—less than half the time planned—on budget, and without disruption to the bank’s customers or employees.
“SPARC T-Series family of servers and processors delivers breakthrough performance at an unrivalled cost of ownership. SPARC T-Series is the ideal foundation for forward-looking enterprises like OTP that are taking a holistic approach in migrating to an optimized data center model, so they can maximize sustainability and performance for tomorrow,” said Gabor Pap, technical director, Invigor Informatika Kft.