TMCnet News
Oracle Reports Performance Test Results of Its Exadata Database MachineSep 22, 2011 (Close-Up Media via COMTEX) -- Oracle reported it released the results of performance tests demonstrating that Oracle Financial Services Revenue Management and Billing 2.2 running with Oracle Exadata Database Machine X2-2 can deliver performance and scalability for financial services organizations seeking to implement real-time relationship pricing, consolidate multiple billing engines within business divisions, process transaction volumes and render bills, whether online or in printed form to customers. In a release, the Company noted details of the performance test: Oracle Financial Services Revenue Management and Billing running on a full rack Oracle Exadata Database Machine processed more than 1 billion transactions in under five hours and 100 million monthly invoices in 13 hours. To process and prepare bills, the application needs to validate, map, aggregate and price the financial transactions sourced from various systems according to the contract with the customer. In the test, a billion transactions were validated, mapped and aggregated into 200 million transaction groups. These groups were then priced into billable charges. Running on Oracle Exadata Database Machine, the application priced 9,523 billable charges per second, enabling financial services organizations to process pricing requests for 100 million accounts in six hours. 100 million bills can be generated in a single monthly run using a 13 hour batch window. Oracle said that the solution, engineered on the Company's technology, provides the scalability and processing power that financial services organizations require to implement a processing platform, deliver invoices on time and help manage revenues by product line. "The results from the performance tests of Oracle Financial Services Revenue Management and Billing running with Oracle Exadata Database Machine open new customer service and relationship possibilities for financial service organizations of all sizes. Now banks can certainly enjoy the upside of the revenue and lower revenue leakages," said Ashwin Goyal, group VP, Oracle Financial Services. "Leveraging the highly scalable billing appliance, banks can confidently consolidate and support advanced, personalized billing that takes into account all of a customer's activity across products, regions and billing cycles." The Oracle Exadata Database Machine is a database machine that provides extreme performance for both data warehousing and online transaction processing (OLTP) applications, making it the ideal platform for consolidating onto grids or private clouds. Oracle provides an integrated business software and hardware system. More Information: oracle.com ((Comments on this story may be sent to [email protected])) |