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Altibase helped E*TRADE to expand its depth by fully supporting its offline branches which further fortified E*TRADE's position as a leader in online brokerage. ALTIBASE® HDB™ is the only Hybrid DBMS in the industry that combines an in-memory DBMS with an on-disk DBMS, with a single uniform interface, enabling real-time access to large volumes of data, while simplifying and revolutionizing data processing. Altibase is provider of In-Memory data solutions for real-time access, analysis and distribution of high volumes of data in mission-critical environments. **To Learn More: Visit our website (www.altibase.com) Email us ([email protected]) Read Altibase Solution Overview (slidesha.re/ZMAYVh) Read Samsung Securities Case Study (slidesha.re/Zrn2iu)
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Case Study: E*TRADE
CASE STUDY FOR FINANCIAL SERVICE
￭ Overview￭ Problems￭ Solutions￭ Results
AGENDA
In-Memory Database Solution
CASE STUDY FOR FINANCIAL SERVICE
+ Overview
AltibaseAltibase is provider of In-Memory data solutions for real-time access, analysis and distribution of high volumes of data in mission-critical environments.
E*TRADEE*TRADE is a top financial services company that specializes in online trading1.
SummaryAltibase helped E*TRADE to expand its depth by fully supporting its offline branches which further fortified E*TRADE’s position as a leader in online brokerage.
In-Memory Database Solution1) For E*TRADE Korea.
+ ProblemsE*TRADE had outsourced its IT operations for 12 years but was at a crossroads. E*TRADE was expanding its online platform to offline and found cracks in its system, preventing it from providing the robust service it was built on. Without its own in-house trading system, the expansion proved challenging.
￭ E*TRADE could not waiver from its strength of delivering superior transaction speed. With its legacy, Oracle on-disk DBMS, performance degradation was becoming pervasive.
￭ E*TRADE required a DBMS with a built-in function that would guarantee optimal, sequential order processing.
￭ Needing a highly reliable1, proven in-memory DBMS provider with over 10 years of financial service experience, E*TRADE had its hands full.
In-Memory Database Solution1) A study by Forrester Research showed that a 1-hour outage for E*TRADE resulted in a loss of 8 million dollars..
+ Solution ALTIBASE HDB provided E*TRADE a highly reliable in-memory
DBMS that was a proven commodity at top financial firms since 1999.
ALTIBASE HDB gave E*TRADE the comfort level it desired with over 14 years of performance-driving functionality, agility and maturity.
Additionally, ALTIBASE HDB fulfilled a prerequisite need by supporting Queue Object1. E*TRADE deployed ALTIBASE HDB in July, 2012 after less than a year of development.
In-Memory Database Solution
1) Queue Object is a built-in feature in ALTIBASE HDB that processes data on a First-In-First-Out (FIFO) basis, guaranteeing sequential, order processing.
+ Results E*TRADE, on an ALTIBASE HDB base, runs its own, on-premise financial
trading system that blows away competition with high reliability and performance1.
E*TRADE has expanded its depth by fully supporting its offline branches which further fortifies its position as the online brokerage giant.
E*TRADE is able to assist investors with more time-to-market services with its flexible in-house IT system comfortably handling large trading volume.
E*TRADE’s online and offline presence work together to mutually feed and grow its revenue, profitability and reputation.
In-Memory Database Solution
1) ALTIBASE HDB met E*TRADE performance requirements. The entire processes associated with a transaction order must take place inside of 30 milliseconds. Utilizing Queue Object, a built-in feature in ALTIBASE HDB, enabled E*TRADE to process 300% faster than before..
In-Memory Database Solution
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MORE REFERENCES:
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