Finacle On IBM System P Set Performance Record

IBM and Infosys have announced the results of recently concluded performance benchmark testing for Infosys’ Finacle Core Banking Solution running on IBM’s System p Servers. In the scalability benchmark, reviewed by Ernst & Young, Finacle on IBM System p server surpassed its own previous record as the most scalable core banking solution in the world.

According to the vendors, in the benchmark test performed on a base of over 52 million accounts, Finacle on IBM System p delivered a transaction throughput on delivery channels at 29,010 effective transactions per second (ETPS) and beat its own previous best of 11,180 ETPS. The new delivery channels transaction processing benchmark translates to a business transaction throughput of 19,288 business transactions per second (TPS).

For On-Line Transactions Processing (OLTP) a throughput of 11,476 ETPS was recorded and for term deposit interest booking batch processing, the system processed 39,408 accounts per second.

Announcing the results, Merwin Fernandes, vice president and business head- Finacle, Infosys commented, “The results of this benchmark with IBM have reinforced Finacle’s value proposition as the most scalable and robust core banking solution in the world and a solution ideally suited for global Tier 1, Tier 2 banks and other large and fast growing banks across the world. Finacle coupled with IBM’s System p servers will enable our clients to manage aggressive growth efficiently, reliably and at an even lower total cost of ownership.”

With banks across the world rapidly growing and scaling their business, core banking solution are constantly required to scale up to handle the ever growing transaction volumes (both online and batch) efficiently and cost effectively.