Oracle FLEXCUBE Universal Banking on Exadata Database
Financial institutions need to capitalize on growth, be it an increase in the number of customers, transactions, or the assets that they manage. Institutions that use legacy IT systems are handicapped by the costs and complexity of managing a maze of existing heterogeneous systems. Such institutions cannot consolidate data quickly enough to get a decisive edge. It takes them months, rather than days, to respond to the demands of the market or their customers.
Oracle has worked with global financial institutions to understand their business requirements and long term needs.
Future-Ready with Oracle FLEXCUBE Running on Oracle Exadata Database Machine X2-2
Oracle FLEXCUBE running on Oracle Exadata Database Machine X2-2 can help financial institutions prepare for the future. Oracle Exadata Storage Servers are a complete hardware and software solution for high-performance data warehousing, and online transaction processing. To overcome the limitations of conventional storage, Oracle Exadata Storage Servers use a massively parallel architecture to dramatically increase data bandwidth between the database server and storage.
Among the heaviest workloads that large financial institutions encounter are at the end of month. Oracle FLEXCUBE running on Oracle Exadata Database Machine X2-2 can process 100 million accounts in just four 4 hours and 23 minutes.
Financial institutions can use Oracle FLEXCUBE running on Oracle Exadata Database Machine X2-2 to centralize their IT systems and create a consolidated back office. By so doing, they can gain better insight in to their operations and customers, while increasing business agility. In addition, Oracle Exadata Database Machine X2-2 uses a building block methodology for expansion. That means financial institutions using Oracle FLEXCUBE and Oracle Exadata Database Machine X2-2 can easily respond to the need for enhanced processing capacity to meet a spurt in transaction volumes.
With unmatched processing capability, scalability, availability, and reliability, Oracle FLEXCUBE running on Oracle Exadata Database Machine X2-2 helps financial institutions prepare for the future. Learn how your institution can leverage the power of Oracle FLEXCUBE running on Oracle Exadata Database Machine X2-2.