New Delhi : Punjab National Bank (PNB), India’s second largest public sector bank, has become the world’s largest site for Infosys’s FinacleTM Universal Banking Solution running on Oracle Real Application Clusters, Oracle’s Sun SPARC Enterprise Servers and Oracle Solaris.

Catering to over 60 million accounts, over 5000 branches and extension counters and managing nearly 14 terabytes of data, FinacleTM on Oracle Real Application Clusters and Sun SPARC Enterprise servers have helped PNB to run its bank operations more efficiently, securely and with zero downtime.

PNB reaped the following performance improvements by running FinacleTM on a clustered Oracle Database hosted on Oracle servers:

30% increase in daily business transactions.

100% increase in number of transactions from delivery channels (NEFT, RTGS, ATM etc.) – increased from 5 lakhs a day to 10 lakhs per day.

Growth in the number of concurrent users accessing FinacleTM across branches with the ability to scale up to 35000 concurrent users

IT optimisation resulted in a reduction of 1.5 hours daily to process day end activities (eg. Interest run from the day’s sales of fixed deposits, savings account, loans etc. at a branch)

Automation of the bank’s statistics gathering mechanism, which can now be completed within 12 hours, compared to 28 hours previously.

Reduction in query response time from 30 minutes to a few minutes due to high availability of the solution

PNB’s enhanced transaction processing efficiency enables the bank to provide its customers with on-line and real-time banking, across its urban and rural branch network across India.

The deployment was completed within 7 months. This deployment is part of PNB’s initiative to create a robust and scalable environment in alignment with the bank’s aggressive expansion plans.

This platform empowers the bank with highly scalable architecture for quick ramp-up capabilities to handle growing volumes for future business growth and provides flexibility for creating innovative banking products.

With Oracle Real Application Clusters, PNB enjoys unparalleled fault tolerance, performance and the highest level of availability (24×7) and scalability (expand capacity). Sun SPARC Enterprise servers with dynamic domaining technology and Oracle Solaris delivered optimal performance and features, enabling the bank to optimize technology investments. Its seamless scalable architecture enabled PNB to cater to more than 5000 branches across the entire nation.

Infosys, a Platinum level member of Oracle PartnerNetwork (OPN), along with Oracle’s Customer Services, Professional Services and the total involvement of the banks’ IT team, delivered the virtually seamless migration and implementation of the solution.