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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
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.
+ 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..
+ 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
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:
Website: www.altibase.com
Email: Info@altibase.com
Facebook: facebook.com/altibaseinc
LinkedIn: linkedin.com/company/Altibase
Twitter: @altibase

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In-Memory Database Solutions for Financials - E*TRADE

  • 1. Case Study: E*TRADE CASE STUDY FOR FINANCIAL SERVICE
  • 2. ■ Overview ■ Problems ■ Solutions ■ Results AGENDA In-Memory Database Solution CASE STUDY FOR FINANCIAL SERVICE
  • 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. + 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. + 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. + 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. 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. Website: www.altibase.com Email: Info@altibase.com Facebook: facebook.com/altibaseinc LinkedIn: linkedin.com/company/Altibase Twitter: @altibase

Notas del editor

  1. 1. Average of 20 days from creation and delivery of customer bills.
  2. 1. Average of 20 days from creation and delivery of customer bills.
  3. 1. The new system is 5.3 time faster than the legacy system with the added benefits of High Availability (HA) and replication.2. Per-second charging scheme saves SK Telecom customers an average of 14.5 million USD per annum.3. SK Telecom acquired Hanaro Telecom in 2007 to offer internet services with SK Broadcom division.