Financial Services

Use Case

Meeting regulatory requirements with WANdisco LiveData Platform

CHALLENGE

A leading US business and consumer banking firm, with assets in excess of $200 billion tested Hadoop vendor tools and dual ingest approaches for replication, backup, and disaster recovery and found they couldn't meet either their business or regulatory requirements for availability and performance. Production rollout of new big data applications supporting credit card fraud detection and loan risk analysis stalled for over a year as they looked for a solution.

SOLUTION

After evaluating a number of alternatives they deployed WANdisco LiveData Platform’s patented Distributed Coordination Engine with Oracle’s Big Data Appliance across multiple data centers. The bank is one of Oracle’s largest Big Data Appliance customers.

RESULTS
  • With continuous access to the latest information across multiple geographies, the bank is able to effectively detect credit card fraud and undertake timely business and consumer loan risk analysis.
  • Using the WANdisco LiveData Platform, the bank plans to expand its Hadoop implementation to include Oracle’s cloud offering to extend its storage and computing capacity on-demand. This gives them the option of hybrid cloud deployment or migrating entirely to Oracle’s cloud environment with no disruption and no downtime.