U.S. Bank, a major U.S. financial holding company, sends and receives more than 1 trillion dollars in wire transfers per month. Reliability is critical, because wire transfer is the largest live-payment system in the bank and requires the most robust platform available. When the bank’s IT vendor announced that it planned to end support for the bank’s existing MoneyNet wire-transfer system, U.S. Bank began evaluating new systems.
U.S. Bank worked with HP and HP software providers to develop new business services for the system, resulting in enhanced international wire capabilities, improved operational efficiency, increased productivity—and the ability to adapt quickly, easily, and economically to changing business needs.
HP Services implemented and supports an HP NonStop Payments solution based on HP NonStop servers and incorporating payment processing software from Software Integrators and online wire-transfer initiation software from Lighthouse Systems.
The new solution allows the bank to handle growth of average daily volume to more than 30,000 high-value payments, with peak volume of more than 75,000 payments in one day.
Read the full story.
This news is published on NonStop Computing websites. November 2007.
|
Printable version
