OpenWay’s Successful Testing of Fault-Tolerance Capability at Oracle-Red Hat LEAP Centre Reaffirms Commitment with Banking Customers
OpenWay, an international software developer, today announced that its switch and card management solution, WAY4, has successfully demonstrated fault tolerance capability running on Oracle Real Application Clusters at the Oracle-Red Hat Linux Enterprise Applications Porting (LEAP) Centre in Singapore.
September 1, 2005 - SINGAPORE
WAY4 is the first payments solution to achieve LEAP Centre certification for Oracle Database 10g and Red Hat Enterprise Linux v.3. The testing and demonstration reaffirmed OpenWay’s commitment to its financial customers who require payment solutions that are always available and always capable of transacting complex product.
Oracle Real Application Clusters (RAC) is an option to the award-winning Oracle Database 10g Enterprise Edition. Oracle RAC provides options for scaling applications beyond the capabilities of a single server. This allows customers to take advantage of lower cost commodity hardware to reduce their total cost of ownership and provide a scaleable computing environment that supports their application workload.
Wim Pardon, Director of OpenWay Belgium, said "OpenWay continues to set the industry standard by working with leading-edge technologies. WAY4’s performance resiliency and unmatched dependability are greatly enhanced by Oracle Real Application Clusters technology, which enables horizontal scaling of the database server tier and delivers a near ‘zero failure environment’ in a 24x7 environment."
“The LEAP Centre has successfully helped ISVs for the Financial Services industry such as OpenWay to become certified on Linux,” said Alan Payne, vice president, Financial Services, Oracle Asia Pacific. “Partners want tested configurations that they can use confidently. The successful fault tolerance testing of WAY4 on Oracle Real Application Clusters showcases OpenWay’s leadership in delivering fault tolerant and scalable payments solution on an open standard environment. OpenWay and Oracle are committed to providing banking customers with a reliable, scalable, high-performance and inter-operable platform for their mission-critical applications.”
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OpenWay Group was founded over 15 years ago. We develop WAY4, an innovative e-payment processing framework for banks, payment processors, telcos and petrol companies.
OpenWay was initially headquartered in Brussels, Belgium with one R&D team there and another in St. Petersburg, Russia. Today we are a global company with 10 offices and 130 customers around the world.
Our portfolio consists of WAY4 Card and Merchant Management, Financial Switching, Personalised Channel Banking, Prepaid Cards, E-Commerce, Mobile Payments, Digital Wallet, DCC, Fuel Cards, and other solutions.
Our customers include tier-1 giants, mid-size companies, and ambitious start-ups:
- Equens, Western Europe (SEPA-acquiring of 0.5 million merchants on WAY4)
- Savings Bank of Russia (issuing and acquiring back-office, and authorization switch for 140 million credit and debit cards on WAY4)
- SIX Group, a leading European payment company processing over 4,000,000 cards and migrated over 30 banks to WAY4 within 15 months
- Comdata, USA (commercial cards on WAY4)
- Network International, the Middle East (a processing center with approximately 60 banks on WAY4)
- Raiffeisenbank Int., Eastern Europe (a processing center for 15 banks and countries on WAY4)
- Bank Audi, MENA region (more than 40 card products on WAY4 including NFC)
- Halyk Bank of Kazakhstan (the first bank to launch Visa P2P Mobile Transfers)
- Lukoil Intercard, Eastern Europe (B2B fuel cards with comprehensive loyalty services on WAY4)
WAY4 live installations consistently demonstrate high performance; for example, 90 million cards issued and authorized on a single platform and 12 million POS/ATM clearing transactions processed daily by a single acquirer.
OpenWay, known for its commitment to long-term relationships, both serves customers locally and provides global support. Today our team unites approximately 500 payment business, digital technology, and security professionals.
WAY4 is the first payments solution to achieve LEAP Centre certification for Oracle Database 10g and Red Hat Enterprise Linux v.3
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