Santander Banespa Selects IBM Mainframe to Increase Transaction Capacity and Speed

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October 17th, 2006 Leave a comment Visited 13 times, 1 so far today

Santander Banespa Selects IBM Mainframe to Increase Transaction Capacity and Speed

Santander Banespa today announced that it has selected a pair of IBM (NYSE: IBM) System z9 mainframes to increase its processing capacity, transaction speed and information integrity assurance. The investment amounted to approximately $21 million USD. The bank’s main computer system executes approximately 80 million transactions per day — equivalent to four thousand transactions per second. This includes all customer transactions at the bank’s branches, as well as via self-service terminals, the Internet and telephone.

“The new mainframes will support the pace of the bank’s business growth. We always seek the best IT resources in the marketplace in order to offer high-quality services to our customers,” said Patrício Melo, chief technology officer, Santander Banespa. “With this new infrastructure, the Bank demonstrates its confidence in the IBM mainframe, the world’s most sophisticated business computer,” said Alexandre Cardoso, IBM client executive. “This technology will help allow Santander Banespa to improve the services they provide to their clients.”

The IBM mainframe is designed for a world that generates vast amounts of data and transactions each day from many different sources, including both heterogeneous and homogeneous networks. The technical attributes of System z9 provide a base from which to build composite applications, leveraging Service Oriented Architectures. For example, by combining key existing core transactions with newly written transactions, a business can quickly compose a new application, benefiting from the use of existing assets and new technology.

Read the complete Press Release





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