 "PNB Standardises IT Infrastructure On Infosys, Oracle")
Oracle Real Application Clusters on Oracle’s Sun SPARC Enterprise Servers substantially improves the availability of the database of the world’s largest implementation of Finacle core banking solution from Infosys.
Catering to over 60 million accounts, over 5000 branches and extension counters and managing nearly 14 terabytes of data, Finacle on Oracle Real Application Clusters and Sun SPARC Enterprise servers have helped Punjab National Bank (PNB) to run its bank operations more efficiently, securely and with zero downtime. The deployment was completed within 7 months.
30% increase in daily business transactions, 100% increase in number of transactions from delivery channels (NEFT, RTGS, ATM etc.) – increased from 5 lakhs a day to 10 lakhs per day, growth in the number of concurrent users accessing Finacle across branches with the ability to scale up to 35000 concurrent users, IT optimisation resulting in a reduction of 1.5 hours daily to process day end activities, automation of the bank’s statistics gathering mechanism, which can now be completed within 12 hours, compared to 28 hours previously and reduction in query response time from 30 minutes to a few minutes due to high availability of the solution are some of the benefits enjoyed by PNB.
“We have been partnering with Infosys and Oracle since we ventured into IT automation. I can proudly say that among the nationalised banks in India, we have taken IT deployment to new heights,” said Ajay Misra, GM, IT, PNB. “The Finacle solution on Oracle Real Application Clusters and Oracle’s Sun Servers has provided us with reliable technology that helps us serve our customers much more efficiently. Our customer satisfaction rate has improved drastically in the last year.”
“We are pleased to enable PNB to take better advantage of the scalability and performance capabilities of Finacle and helping the bank achieve its strategic growth plans. Over the past few years, Infosys has worked closely with our technology partners like Oracle to help our clients utilise the cost-savings, efficiencies and ease-of-management features offered by Finacle,” said Sanat Rao, Vice President and Head Worldwide Business Development and Alliances– Finacle, Infosys Technologies Ltd.
“It gives me great pleasure to be associated with such a landmark achievement,” said Sandeep Mathur, Vice President, Technology Sales, Oracle India. “Along with the world’s #1 database, Oracle Real Application Clusters will provide PNB with a highly scalable environment and enable banking services to its customers 24x7 without any disruption. In addition, Oracle Real Application Clusters is also supporting PNB’s disaster recovery site with quarterly disaster recovery drills using data from one full day of banking transactions.”