Oracle Customer Success — Uniastrum Bank LLC

Uniastrum Bank LLC

Uniastrum Bank Audits Oracle Database Licenses, Reaps Benefits with Consolidation

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By engaging Oracle License Management Services we have reduced our database license and support costs and consolidated our environment. Thanks to the audit we were able to understand better our requirements in Oracle products, such as Oracle Database and its options. This enables us to streamline resources allocation, better manage our business information and process automation, and to be more competitive in the fast-paced banking and trading market.

— Sergey Galitskov, Head of Information Technology Operations and Infrastructure Department, Uniastrum Bank LLC

Uniastrum Bank Increases Software Reliability and Achieves Significant Cost Savings Following Successful Audit

Uniastrum Bank LLC is one of Russia’s top 20 banks, delivering a comprehensive range of financial products and services from a network that includes more than 100 offices in 60 cities and towns across the country. The bank’s services include those specifically designed to meet the needs of individuals and small and medium-sized businesses, and it relies on Oracle technology to ensure a high quality of service delivery. Uniastrum Bank’s strategic objective is to build long-term business value, and its current priorities include working to improve customer services by investing in banking information technologies.

 
Challenges
  • Reduce database licensing costs by assessing current usage of Oracle technologies deployed throughout the bank with a view to consolidating installations and eliminating unused database options
  • Ensure high service levels with a reliable platform that can deliver rapid response times for banking applications used by customers and staff
  • Increase knowledge and visibility of software and licensing management and costs, including costs for ongoing support, to improve budgeting and ensure compliance with Oracle license requirements
  • Enable better management of information systems to assist with business process automation and project planning
Results
  • Increased the stability, agility, and reliability of Oracle software—accessed by the bank’s customers and employees and critical for smooth-running operations—by consolidating Oracle installations based on the audit and usage analysis delivered by Oracle License Management Services (LMS)
  • Used audit results to identify surpluses in certain groups of licenses—which had been caused by the bank downsizing over the previous two years due to changes in bank’s primary activity—enabling Uniastrum Bank to reduce the number of licenses by more than 30% and achieve significant support cost savings
     
  • Delivered a streamlined, reliable platform on the basis of the Oracle LMS audit to enable the bank to more easily manage its business information systems and to facilitate business process automation—critical in the highly competitive and fast-moving banking and trading market
  • Used Oracle LMS review services to help conduct a thorough audit for all Oracle technology products—simplifying the process for Uniastrum Bank by running scripts sent from Oracle, and by using a dedicated website with a personalized dashboard for uploading all necessary data and monitoring audit progress
  • Enhanced planning for future projects—soon to be given the green light after being temporarily delayed due to the ongoing Russian financial crisis—thanks to a full understanding of current and future database license management and support costs
  • Enabled the bank to optimize license allocation while ensuring continued compliance with Oracle regulations by engaging Oracle LMS advisory services to increase knowledge of Oracle software and licenses—for example concerning the licensing structure for additional Oracle Database options, some of which had previously been activated but never used
  • Increased transparency and optimized asset management thanks to the ability to track Oracle Database options and packs usage and installation across the entire IT landscape using the reports provided as an output from the measurement tools

 

Oracle is the world leader in database software. In terms of reliability we wouldn’t chose any other vendor to run our critical banking applications’ databases.

— Sergey Galitskov, Head of Information Technology Operations and Infrastructure Department, Uniastrum Bank LLC

About Uniastrum Bank LLC

Headquarters

 
Moscow, Russia

Employees

 
1,700

Uniastrum Bank LLC is one of Russia’s top 20 banks, delivering a comprehensive range of financial products and services from a network that includes more than 100 offices in 60 cities and towns across the country. The bank’s services include those specifically designed to meet the needs of individuals and small and medium sized businesses, and it relies on Oracle technology to ensure a high quality of service delivery. Uniastrum Bank’s strategic objective is to build long-term business value, and its current priorities include working to improve customer services by investing in banking information technologies.

Published:  Jan 24, 2017