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Infosys Sets New Global Performance Benchmark for Finacle e-Banking Solution - Over half-million online transactions efficiently managed in 30 minutes (NASDAQ: INFY) - Infosys.com
Infosys Sets New Global Performance Benchmark for Finacle e-Banking Solution

 

PRZOOM - /newswire/ - Bangalore, India, 2012/01/17 - Over half-million online transactions efficiently managed in 30 minutes (NASDAQ: INFY) - Infosys.com. NYSE: INFY

   
 
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Infosys today announced the results of a performance benchmark for Finacle e-banking solution (version 10.3) on the Oracle platform. The 10.3 version of Finacle e-banking, built on new generation technology, provides a single unified view of the customer's relationship with the bank. With this performance benchmark, Finacle e-banking solution reinforces its ability to provide faster responses even when supporting higher volumes and a large user load. The benchmark measured the online processing window, loaded with 33,000+ concurrent users, on a large retail banking deployment consisting of 26 million registered users and 46 million accounts.

In the benchmark, reviewed by Ernst & Young, two key tests for online and batch processing were undertaken to demonstrate the ability of Finacle e-banking solution. The online benchmark results demonstrate that a bank can perform more than 550,000 online transactions and support more than 2.8 million web page visits within 30 minutes. This benchmark highlights that the solution can meet high scalability requirements and user load while still ensuring efficient service delivery on the channel.

During this benchmark, the solution supported more than 195,000 user log on within a 30-minute window delivering sub-second average response time. The transaction workload mix consisted of viewing balance summaries, fund transfers, payments, account transaction histories and making credit card payments. Finacle processed this multi-transaction mix without any loss of speed or quality of service. The benchmark, which also measured the solution's batch processing rates for two typical payment processes, highlighted exceptional performance by Finacle - throughput of 899 and 549 records per second, respectively, for the two batch jobs.

Haragopal Mangipudi, Global Head - Finacle, Infosys said,"In today's banking, Internet will play a major role to acquire, retain and service customers. Finacle has constantly evolved to meet the demands and expectations of the new-age banks. The new benchmarks in scalability and agility, set by Finacle e-banking solution, are a direct result of our unwavering focus on product innovation. Aggressive R&D investments have honed the evolution of the solution's superior architecture and design to deliver the speedy business outcome that our clients demand."

The systems under test included Oracle's SPARC T3-1 and T3-2 servers for the Web and application tiers, with Finacle e-banking solution deployed on multi-node Websphere application server cluster. At the back-end, Oracle Database 11g was deployed on Oracle's SPARC Enterprise M-Series system with the latest quad-core SPARC64 VII+ 3.0 GHz processors. During the benchmark runs, Finacle e-banking solution was deployed in a virtualized environment using the Oracle Solaris Zones feature of Oracle Solaris. The hardware configuration used to achieve these results not only supports peak performance in the most demanding banking environment but also allows sufficient spare server capacity to address future needs.

About Finacle™ Universal Banking Solution
Finacle™ from Infosys (infosys.com/Finacle™) partners with banks to power-up their innovation agenda, enabling them to differentiate their products and service, enhance customer experience and achieve greater operational efficiency. This framework for multi-disciplinary change enables banks to shift their strategic and operational priorities. Finacle™ solutions address the core banking, e-banking, mobile banking, Islamic banking, treasury, wealth management and CRM requirements of retail, corporate and universal banks worldwide. Several powerful and differentiating features make Finacle™ one of the most comprehensive, flexible and scalable universal banking solution in its class. These solutions, when associated with Finacle™ services, empower banks to maximize their opportunities for growth, while minimizing the risks that come with large-scale business transformation.

About Infosys Ltd
Many of the world's most successful organizations rely on the 145,000 people of Infosys to deliver measurable business value. Infosys (infosys.com) provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries build tomorrow's enterprise.

Safe Harbor
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2011 and on Form 6-K for the quarter ended June 30, 2011 and September 30, 2011.These filings are available at sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates.

 
 
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Infosys Sets New Global Performance Benchmark for Finacle e-Banking Solution

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Contact: Joya Ahluwalia - Infosys.com 
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