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Dubai, UAE, October 01, 2018:   ICS Financial Systems Limited (ICSFS), a global software and services provider for banks and financial institutions and a Gold level member of Oracle PartnerNetwork (OPN), today announced successful and unmatched results of high-watermark benchmark performance of its ICS BANKS® Universal Banking Application on Oracle Exadata environment. 
 
Performed in August 2018, at Oracle's UK Labs, ICSFS benchmarked its ICS BANKS® software suite on Oracle Exadata Database environment. The benchmark covers both Oracle Database Enterprise Edition 12c and 18c. The results have demonstrated ICSFS' ability to derive remarkable and competitive performance of ICS BANKS® running on Exadata servers.
 
ICSFS generated ICS BANKS® data representing tier 1 and tier 2 universal banking activity volumes of 63 million customers, 630 million accounts, 5,000 branches and 60,000 concurrent users. 
 
High-Watermark results were achieved on 18c & 12c Database with simulating 60,000 concurrent users, a throughput of 35.5k (35,577) financial transactions per second (TPS) on 18c Database and 32k (31,972) TPS on 12c Database are sustained during the test period of 35 minutes. The ATM & E-Channels benchmark revealed an overall throughput of 128k (128,448) TPS on 18c Database and 114k (113,858) TPS on 12c Database were achieved during the 20 minutes test. While ICS BANKS Digital Banking platform achieved results that exceeded expectations and success criteria; simulating 63 million online IBS registered users; whilst 200k concurrent users were working at the same time making a throughput of 143K TPS on 18c Database and 128K TPS on 12c Database; resulting in 257.5 million transactions on 18c Database and 231.5 million transactions on 12c Database within 30 minutes. During this test the system supported 1.25 million users log on within a 30-minute window.
 
The enormous and tremendous tests of End of Month Capitalization Batch processing 630 million Interest Accounts in 4 minutes window resulting in an unmatched batch throughput of 262k (262,354) accounts per second. 
 
Managing Director of ICSFS; Mr. Robert Hazboun commented on this milestone;
“ICSFS is the first Oracle ISV partner worldwide to perform this kind of testing on Oracle 18c database, and achieve best benchmarking results to-date. This performance benchmark reflects ICS BANKS and Oracle Exadata Database Machine' high scalability and agility of providing high levels of operational efficiency, and delivering powerful solutions designed for the banking industry.” 
 
Oracle EMEA Vice President, ISV/OEM; Mr. Kamil Guclu stated;
“Success is more than leading with innovation and pioneering of technology, we have to be able to measure performance accurately too. ICSFS software with their application ICS BANKS®️ could achieve their phenomenal benchmark results, both Cloud and On-Premise by using Oracle Exadata.” 
 
Executive Director of ICSFS; Mr. Wael Malkawi stated;
“This high-watermark benchmark is a testament to ICS BANKS application's capabilities, where no other banking software solution has produced such outstanding results. We are proud of these significant results and are honoured to share this success with a strategic partner such as Oracle.”
 
Chief Technology & Innovation Officer of ICSFS; Mr. Ghassan I. Sarsak added:
“The vital performance and significant results of this benchmark reflect ICSFS' strategic vision of utilising the latest technologies to lower transaction's cost, while still increasing revenue streams for financial services, enhancing customer experience and ensuring efficient service delivery.” Sarsak added “ICS BANKS' speed of transaction is aligned with the speed of innovation.”
 
ICS BANKS provides a complete suite of banking business modules with a rich sweep of functionalities and features, addressing business needs and automating accounting processes, as needed, to improve a bank's business performance. ICS BANKS has always been a pioneer in utilising the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system is deployed in a multi-tiered setup that runs on a web thin client.



Posted by : GoDubai Editorial Team
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Posted on : Monday, October 1, 2018  
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