System News
   
News about Solaris and Sun Microsystems

Free 2 Week Trial!


June 20, 2009
Article #21886
Volume 136, Issue 3
Section: Financial Services

 

We recognized that by standardizing on Sun technology the bank could deliver its key objectives of reducing costs and supporting continued growth.

-- Jean-Luc Raskin, LBBW Luxemburg
 


 

Customer Snapshot: Sun Helps Luxembourg Bank Cut IT Costs
Sun SPARC & Solaris 10 OS Supports Growth for New Bank Application

Sun technology meets a powerful banking customer challenge by providing LBBW Luxembourg Bank with a solution that helps it cut IT costs and supports its growth. Sun's professional services designed a high-performance infrastructure built with Sun SPARC Servers and Solaris 10 to create a flexible, scalable infrastructure for their new Avaloq application.

The results are that they created a flexible environment ideal for their new application, Avaloq that brings products to the market faster. "We recognized that by standardizing on Sun technology the bank could deliver its key objectives of reducing costs and supporting continued growth," said Jean-Luc Raskin, Head of the IT Infrastructure Unit, LBBW Luxemburg.

The following customer challenges were met and faced by Sun: The LBBW bank needed to be able to migrate into a new banking application but also they needed to increase their computing power and performance. Conscious of price, they wanted to move to a single solution provider. However, they still needed flexibility for growth in their new infrastructure.

From a business standpoint, the following results were highlighted: LBBW was able to implement a new Avaloq system successfully, decrease their footprint by 60 percent, reduce cooling costs, gain a single solution supplier for their IT needs, deploy a scalable infrastructure for cost-effective growth.

Keenly set on cost-effectively providing power, Sun designed the LBBW system infrastructure with four Sun SPARC Enterprise M5000 servers that had eight dual-core SPARC64 VI processors. This infrastructure runs on Solaris 10 OS and Solaris Cluster 3.2 software. The Avaloq application was supported by these servers for both production and development environments. Tests were delivered to the production and test areas for the Oracle database and a general IT testing environment. Another key component of the design was Sun SPARC Enterprise T5120 servers with Solaris Cluster acting as a data transfer component. In addition, the Sun StorageTek 6140 array also improved LBBW’s existing backup infrastructure by extending the staging unit.

About the Luxembourg Bank

Founded in 1978 and one of the largest banks in Luxemburg, LBBW Luxemburg is a wholly-owned subsidiary of Landesbank Baden-Württemberg (LBBW). With 220 employees, LBBW is acting in the domains of Private Banking, Treasury, Debt and Capital Markets. In 2007, the bank’s balance sheet total amounted to €14,756 million.

More Information

Sun SPARC Server Solution and the Solaris 10 OS Help Luxembourg Bank Cut IT Costs and Support Growth

Oracle\'s Virtualization Gold Mine

Screencast Explains How to Upgrade from OpenSolaris 2008.11 to 2009.06

Downloads Now Available for OpenSPARC V1.7 and OpenSPARC T2 Processors

What\'s New on BigAdmin: As of May 7th, 2009

Sun, Intel and GigaSpaces Announce New Benchmark Performance Results

Sun SPARC Enterprise M3000 Server with One Dual-core SPARC64 VII Processor [...read more...]

Keywords:
Other articles in the Financial Services section of Volume 136, Issue 3:

See all archived articles in the Financial Services section.


From the latest issue:



 


Customized news reports about Sun Microsystems. Just the news you need, none of what you don't.
50,000+ Members. 20,000+ Articles Published since 1998.