Bank Saves $1.1 Million Annually and Reduces System Indexing Time by 92 Percent
The corporate and investment banking division of South African financial services firm Absa provides trading and risk management services to global customers. The company needed to find a more cost-effective infrastructure to support its primary business application. The company migrated to a Microsoft SQL Server 2008 R2 environment, which has contributed to annual savings of US$1.1 million. The solution has also cut system indexing time by 92 percent and lowered application startup time from 90 minutes to 30 minutes.