Transitioning from Netezza to Actian: A Cost-effective Upgrade
公司规模
1,000+
地区
- America
国家
- United States
产品
- Actian Vector
- Netezza
技术栈
- Data Analytics
- Database Management
- Big Data
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Productivity Improvements
技术
- 分析与建模 - 大数据分析
- 应用基础设施与中间件 - 数据库管理和存储
适用行业
- 金融与保险
适用功能
- 商业运营
服务
- 数据科学服务
- 系统集成
关于客户
The Bank is one of the world’s largest financial institutions, serving individual consumers, small- and middle-market businesses, large corporations, governments, and institutions with a full range of banking, investing, and asset and risk management products and services. It is a global leader in corporate and investment banking and trading across a broad range of asset classes. The Bank oversees more than 50 million consumer and small business relationships with more than 5,000 retail banking offices and 16,000 ATMs. Online banking has about 30 million active users along with more than 15 million mobile users.
挑战
The Bank’s in-house analytics solution, Netezza, had reached its end-of-life cycle and was not going to be supported by IBM or its channel partners. The Bank needed to create one data repository for all positions across all asset classes, enabling ad hoc analysis of positions and their sensitivity to market factors. The Bank also wanted greater visibility into its risk exposure. It knew that presently, managing client risk and exposure was at 20th-century levels. For example, risk and opportunity value was analyzed via batch data dumps once a day. The Bank needed greater insights, delivered in sub-minute intervals, multiple times a day. It also had additional criteria that had to be met, including improved price/performance levels, ease of development and maintenance, durability, and a palatable TCO.
解决方案
The Bank assessed several analytics platforms against its existing Netezza solution. The evaluation process, conducted over a period of several months, included a performance proof of concept, in which Actian ran on five compute node clusters versus Twinfin, with 24 nodes. Actian required a fraction of the hardware that Netezza was using. There also was a security audit, design previews, compression comparisons, volume handling ability, loading, stress, ad hoc queries, and an in-depth comparison between Actian and Netezza. The Bank was impressed by Actian’s level of expertise and partnership. The ability to seamlessly shift away from end-of-life Netezza while improving the overall quality of its data analysis made the decision an easy one for the Bank. Now, with Actian, the Bank is able to deal with both structured and unstructured data. It can run complex analytics in record time—lowering response times from hours or days to minutes—with on-demand integration, an extensible framework, and higher performance levels.
运营影响
数量效益
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