IBMXIV Storage Systems
Banking
Case Study
ubank invests insimplicity as it scales itsenterprise storage
A leading bank puts its money to work with IBMservers and storage
Overview
The need
ubank (formerly known as Teba Bank)needed to refresh its core banking envi-ronment to support annual growth of40 percent in data volumes whiledelivering very fast response times tointernal and external customers.
The solution
ubank migrated its core banking appli-cation to IBM
®
Power
®
595 serverswith SAN storage from IBMXIV
®
. Thebank used the built-in XIV data migra-tion tool to map data to three IBMXIVStorage Systems, each with 27 TBcapacity.
The benefit
High-speed deployment enabled thebank to meet a tight rollout deadline,and the XIV solution cut the cost ofmanaging storage at ubank in half. Thebank has also reduced run time forbatch processing and backups by afactor of four.
With deposits of over ZAR 3billion (US$ 400 million), ubank (formerly known as Teba Bank) is the ninth-largest bank in South Africa by assets. Founded in 1975. ubank has grown from Teba Bank,leveraging a proud heritage serving mineworkers and growing to servethe people of Southern Africa. ubank prides itself on having an essencedrawn from real, spirited partnerships, and aims to build as it growsand to nurture its legacy of being a home-grown South African institu-tion, a truly community-owned bank held in a Trust for the benefit of its customers and the upliftment of their communities. Today, ubank has 106branches in South Africa and 53agencies in neighboring coun-tries. The bank is focused on increasing its distribution channels toensure accessibility for its target communities, aiming to be the work-ers’ bank of choice for South Africa. ubank is aggressively pursuing atwo-pronged growth strategy: first, a large expansion of its footprintacross southern Africa; and second, starting up a broader financialservices group, partly through corporate acquisition. Marius Bosman, CTO and CIO, comments: “We wanted a new ITfoundation that would support our growth and enable us to competemore effectively against the bigger banks in our region. We also wanted to set up the IT function as a distinct service company tosupport the other companies in the group—and possibly externalorganizations at a later date.”
Driving the business with fast response times
To gain the flexibility and scalability it required to fulfill its expansionplans, ubank needed to migrate to the latest version of its OracleFLEXCUBE Core Banking software, but its existing infrastructurelacked the required compute power and storage capacity to make themove to a more powerful application solution.“We have very high demands in terms of application response time,”comments Bosman. “Our branches are very busy, and our tellers expectend-to-end response times as low as 300 milliseconds.”