Home News & events Press Releases 2012 PrivatBank working on TranzWare products achieves record-breaking performance

 

PrivatBank working on TranzWare products achieves record-breaking performance

Privat-Bank-engPrivatBank’s processing centre, fully built on TranzWare product suite by Compass Plus, achieves exceptional transaction processing results in the banking sector, marking its peak transaction load at 560 business transactions per second (TPS). The average load stayed at 191 TPS in the peak minute and at 175 TPS in the peak hour. These figures were achieved on a mid-range hardware with simple configuration, using IBM Power 770 as the database server, in which the TranzWare Online processing system was allocated 21 cores 3Power7 3.1GHz. The system uses 3 HP Proliant BL460c G6 2xQuadCore Intel Bloomfield 2933 MHz as application servers.

“The number of customers, daily serviced by the bank, has increased from 1.5 to 2 million and the TranzWare processing system gives us an opportunity to scale our performance, without falling behind the growth rate of the customer database,” says Nikita Volkov, First Deputy Chairman of the Board, PrivatBank. “Today the bank enables stable work of all payment services and has extensive transaction volume capacity to ensure growth without replacing the hardware.”

Compass Plus regularly and successfully tests TranzWare products’ performance and the scalability of various platforms. However, benchmarks carried out in laboratory conditions, even those modeling real life production use to the limit cannot absolutely reflect the processing system behaviour in real life. The results found in real life operating conditions of PrivatBank undoubtedly show the highest performance and reliability of the TranzWare Online processing system.

Youri Kolyakin, CEO of Compass Plus commented: “I am proud that the largest and the most innovative bank of Ukraine has been using TranzWare products for more than 10 years and is satisfied with our cooperation. Good quality technical support of growing business volumes and innovative projects of our clients are definite priorities of every Compass Plus employee.”

PrivatBank has been a customer of Compass Plus since 2001 and owns an integrated software-hardware architecture, entirely built on TranzWare products operating the whole system. It also includes ATM and host-to-host interface management, authorisation, scalability and cryptography.

About PrivatBank:

PrivatBank is the largest bank in Ukraine. Its national banking service network includes more than 3,000 branches across Ukraine. PrivatBank is the leading issuer and acquirer of payment cards in Ukraine and the Principal Member of VISA and Mastercard payment systems. As of January 2012 the bank has issued more than 28.5 million cards and installed more than 7,000 ATMs and 54,000 POS terminals in its servicing network.

www.privatbank.ua

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