Catholic Syrian Bank Processes 50,000 Transactions Per Hour, Supports 1,500 Concurrent Users

Overview

The Catholic Syrian Bank wanted to replace distributed, homegrown systems with a core banking application that would provide an integrated view of activities across 363 branches and enable customers to bank at any branch, rather than restrict them to the one in which their account is held. The challenge was to submit regulatory reports on time to the Reserve Bank of India and enhance database security to protect confidential financial data. The Catholic Syrian Bank worked with Oracle Partner Laser Soft Infosystems to customize a banking framework (including a core banking platform) on Oracle Database 10g with Real Application Clusters and processed around 50,000 transactions an hour (around 200,000 transactions in a four-hour window).