IBM & Infosys set benchmark for core banking transaction

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IBM & Infosys set benchmark for core banking transaction

IBM and Infosys set new global benchmark for core banking transaction processing, promising lower total cost of ownership for banks worldwide

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Ian Hurst, General Manager, Banking and Financial Services, IBM adds, "We have invested extensively in the advancement of the IBM System p platform to allow our customers to reap real business benefits from our technology innovation. The result from this benchmark is further proof that customers from banking organizations have much to gain in areas of better cost efficiencies, scalability, and resource utilization when running Finacle on IBM System p servers. This is one more example of how we are addressing the needs of our customers who are looking to innovate for business value."

With banks across the world rapidly growing and scaling their business fuelled by accelerating M&A, product innovation, one-stop banking and explosive retail banking growth in emerging markets, the key objective of the benchmark was to demonstrate and measure the ability of the core banking solution to seamlessly scale up to handle the ever growing transaction volumes (both online and batch) efficiently and cost effectively. 

Banks running Finacle and IBM System p servers can now add new products and services and be able to handle the increased transaction and account processing requirements on a highly scalable, robust, low TCO platform.

Sourced From: Corporate Voice|Weber Shandwick