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In-Memory Database Solutions for Financials - E*TRADE

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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 (info@altibase.com)
Read Altibase Solution Overview (slidesha.re/ZMAYVh)
Read Samsung Securities Case Study (slidesha.re/Zrn2iu)

Published in: Economy & Finance, Business
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In-Memory Database Solutions for Financials - E*TRADE

  1. 1. Case Study: E*TRADE CASE STUDY FOR FINANCIAL SERVICE
  2. 2. ■ Overview ■ Problems ■ Solutions ■ Results AGENDA In-Memory Database Solution CASE STUDY FOR FINANCIAL SERVICE
  3. 3. + Overview Altibase Altibase is provider of In-Memory data solutions for real-time access, analysis and distribution of high volumes of data in mission-critical environments. E*TRADE E*TRADE is a top financial services company that specializes in online trading1. Summary 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. In-Memory Database Solution 1) For E*TRADE Korea.
  4. 4. + Problems E*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 Solution 1) A study by Forrester Research showed that a 1-hour outage for E*TRADE resulted in a loss of 8 million dollars..
  5. 5. + 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.
  6. 6. + 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..
  7. 7. In-Memory Database Solution Altibase Solution Overview Telecommunication Financial Service Manufacturing • SK Telecom (Real Time Rating System) • China Telecom (Account Balance Management System) • China Unicom (Online Charging System) • Samsung Securities • Solomon Investment & Securities (FOREX trading platform) • Leading Global Investment Bank (Foreign Exchange Margin Trading) • LG Display (Quality control DBMS) • Top Japanese Medical Supplier (Global MRI/CT Manufacturing Company) • BISTel (Equipment Engineering System) Solution Service Government • HP (Hewlett-Packard) OpenMCM • HOA Soft (System for Proprietary Trading Desks – Prop Desk) • Leading Global Utility Company (Call Center) • Sportstoto (Sports Betting Industry) • EBS (Educational Broad Casting System) – Single Sign-On • KAIST (Course Enrollment System) Read More Case Studies>> MORE REFERENCES:
  8. 8. Website: www.altibase.com Email: Info@altibase.com Facebook: facebook.com/altibaseinc LinkedIn: linkedin.com/company/Altibase Twitter: @altibase

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