Fundtech, a leader in global transaction banking solutions, today announced Global PAYplus® – Services Platform (GPP-SP) version 4 has achieved Oracle Exadata Optimized and Oracle Exalogic Optimized status through Oracle PartnerNetwork (OPN), demonstrating GPP-SP has been tested and tuned on Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud to deliver speed, scalability and reliability to customers. Fundtech’s GPP-SP is a premier payments platform that is used by many of the largest global banks. Fundtech is a Gold level member in Oracle PartnerNetwork.
GPP-SP testing was done in the third quarter of 2012 in the Oracle Exastack Lab located in the Oracle Solution Center in Linlithgow, Scotland. It showed that an integrated solution can result in a highly streamlined installation, enabling reduced cost of evaluation, acquisition and ownership. Highlights of the transaction processing test are as follows:
· 9.3 million Mass Payments per hour
· 5.7 million Single Payments per hour
The test found that the optimized combination of GPP-SP running on Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud is able to increase transactions per second (TPS) output per core, and able to reduce total cost of ownership (TCO). The volumes achieved were using only 25% of Exadata/Exalogic processing capacity.
By achieving Oracle Exadata Optimized and Oracle Exalogic Optimized status, Oracle recognizes Fundtech for developing, testing and tuning GPP-SP on Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud. Customers can be confident when selecting GPP-SP that it has been tested and tuned to achieve optimal performance, scalability and reliability customers require.
According to Eli Biton, Fundtech’s EVP of Global R&D, “The combination of GPP-SP and Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud is the high-performance, scalable and cost effective solution for converged Mass and Single payment processing for leading global and domestic banks.”
“Oracle Exastack Optimized status recognizes partners who have optimized their solutions on a complete, integrated and cloud-ready infrastructure in order to help them accelerate innovation, unlock new features and functionality, and deliver superior value to users,” said Chris Baker, Senior Vice President, Worldwide ISV and OEM Sales, Oracle. “By achieving Oracle Exadata Optimized and Oracle Exalogic Optimized status, Fundtech has demonstrated its Global PAYplus – Services Platform is tested and tuned to work with Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud to help deliver optimum performance, scalability, and reliability to their customers.”
Oracle Exadata Optimized and Oracle Exalogic Optimized are part of the Oracle Exastack Optimized program that allows partners such as Fundtech to leverage OPN enablement resources and dedicated lab environments to help develop, test and tune their applications on Oracle Exadata Database Machine, Oracle Exalogic Elastic Cloud and Oracle SPARC SuperCluster engineered systems. The Oracle Exadata Database Machine is the only database machine that provides extreme performance for both data warehousing and online transaction processing (OLTP) workloads, making it the ideal platform for database consolidation and database clouds. It is a complete package of servers, storage, networking, and software that is massively scalable, secure, and redundant. Oracle Exalogic Elastic Cloud is hardware and software engineered together to provide extreme performance, reliability and scalability for Oracle, Java and other business applications, while delivering lower TCO, reduced risk, higher user productivity and one-stop support.