HDFC Securities ramps up online trading with Oracle SuperCluster

HDFC Securities ramps up online trading with Oracle SuperCluster

Oracle SuperCluster has accelerated HDFC Securities’ throughput performance by 3x, and increased online trading speed by up to 60 percent.

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HDFC Securities ramps up online trading with Oracle SuperCluster

HDFC Securities, a stock broking company, has implemented Oracle SuperCluster to help ensure high availability for its online trading platform and support its growing customer base and daily transaction load.

HDFC Securities has 1.9 million customers, and the company’s projected growth was 20,000 customers a month. It also estimates a 2.5x increase in daily trade transactions and expects to double concurrent users over the next three years.

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Image: Reuters

According the stock broking firm, Oracle SuperCluster has accelerated its throughput performance by 3x, increased online trading speed by up to 60 percent, and enabled HDFC to produce reports 67 percent faster while reducing risk and cutting data centre costs. HDFC Securities was also able to consolidate 30 servers and two storage systems onto a single Oracle SuperCluster.

The solution allows HDFC Securities to process more than 200,000 trade transactions at peak hours and has achieved sub-second response times for more than 10,000 concurrent users. The company has also reduced the trade settlement batch processing time making it 3x to 5x faster. The company has experienced near 100 percent uptime during trading hours since implementation, and the system has had no single point of failure.

HDFC Securities engaged Oracle partner, Tata Consultancy Services, to assist with its Oracle SuperCluster implementation.

The company had purchased the Oracle SuperCluster in August 2012.

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