VocaLink Leverages Oracle WebLogic Server to Power High Performance Payment Processin

Oracle Press Release
VocaLink Leverages Oracle WebLogic Server to Power High Performance Payment Processing Platform

New VocaLink Platform Delivers World Class Scalability, Reliability and Flexibility

Redwood Shores, CA – April 14, 2010
News Facts

To deliver a fast, flexible and secure transaction processing platform that could scale to meet rapidly rising automated payment volumes, VocaLink, a specialist provider of transaction services to banks, corporate customers and Government departments, implemented Oracle WebLogic Server.
Oracle WebLogic Server and Oracle Enterprise Manager are key elements of Oracle WebLogic Suite, the strategic platform for Oracle Fusion Middleware integrating into a single infrastructure Oracle WebLogic Server for Java applications, Oracle Coherence for in memory data grids and Oracle JRockit for a high performance, low latency Java Virtual Machine.
As one of Europe’s largest payment providers, processing 15 percent of Europe’s automated payments, VocaLink needed a new payments system that could reliably and cost effectively process more than 90 million transactions a day.
VocaLink overhauled its previous payment platform – Replacement Electronic Funds Transfer (REFT) – with Oracle WebLogic Server in order to better manage the explosive growth in payment transaction volume.
The VocaLink Payments Platform, was delivered on time, on budget and with no disruption to service delivery, allowing VocaLink to deliver uninterrupted services to its 100,000 corporate users while also advancing its mission to deliver more transactions through a wider variety of channels.
By providing a comprehensive Java platform for developing, deploying and integrating enterprise applications, Oracle WebLogic Server also helped VocaLink support the Single Euro Payments Area (SEPA), a European initiative geared towards driving down cross-border payment transaction costs by offering unrivalled capacity, compliance, flexibility and security within one platform.
By supporting one of the most advanced, scalable and flexible payment infrastructures in the world, Oracle WebLogic Server also enabled VocaLink to extend its market leadership by delivering the performance needed to support a choice of settlement options and a range of value added services.
The VocaLink Real Time Payments Platform processes up to 1,400,000 payments per hour, while reducing infrastructure-provisioning times from 14 days to 2 days per environment and infrastructure project defects by 90%.
Supporting Quotes

“We needed a flexible, robust and cost effective payments platform that would deliver the performance required to support a growing list of customer expectations and regulatory requirements,” said Hussein Badakhchani, Distinguished Technologist at VocaLink. “To address these challenges and strengthen our market position, we selected Oracle WebLogic Server as there was no other solution that could match its performance, flexibility, scalability and support. It now provides the backbone to our business and has played a key role in making VocaLink’s Payment Platforms the most advanced payment infrastructure in the world.”


Supporting Resources

Oracle WebLogic Suite 11g
Oracle WebLogic Server
VocaLink
About Oracle

Oracle (NASDAQ: ORCL) is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, visit http://www.oracle.com

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
Contact Info


Jim Rivas
Oracle
+1.650.506.8879
james.rivas@oracle.com

Simon Jones
Blanc & Otus
+1.415.202.5155
sjones@blancandotus.com












more...