Savings Bank of Russia, OpenWay and HP: 60,000,000 Cards on the WAY4 Platform
The WAY4™ processing system from OpenWay Group, an International payment processing software vendor, has undergone volume testing on the HP platform and has shown an excellent performance with a database of 60 million debit, charge and credit cards. The testing took place in the processing centre of Savings Bank of Russia, the largest retail bank in Central and Eastern Europe. The WAY4 system operated on the platform provided by HP, a worldwide developer and supplier of IT-solutions for end customers and corporate clients.
March 18, 2009
The testing confirmed WAY4 can handle the high processing volumes of Savings Bank, up to 60,000,000 accounts. This included 50 million debit and charge cards, and 10 million credit cards. The WAY4 installation showed itself capable of processing over 400 authorisation requests per second, and an average time for processing one transaction was 0.14 seconds. Among the simulated transactions, there were cash withdrawals via ATM, purchases in merchant outlets and fund transfers. The processing rules included positive balance authorisation and real-time risk control.
The hardware and software platform used for the volume testing consisted of an HP Superdome Server, with 64 dual-core processors and 512 Gb RAM, HP StorageWorks XP disk array, HP-UX 11i operating system and an Oracle 10g database management system. The storage capacity of the Oracle productive database exceeded 6.5 terabytes.
“We are satisfied with this volume testing conducted by the well-coordinated team of professionals from OpenWay, HP and our bank. The results obtained fully correspond to our expectations and uphold our card issuing strategies”, commented Viktor Orlovsky, Senior Vice-President of Savings Bank of Russia. “In 5 years we intend to serve about 60 million plastic cards, and now we are preparing an advanced technology platform for our business goals”.
“Many banks have to choose between flexible product management and high performance”, says Wim Pardon, Managing Director of OpenWay Belgium. “The WAY4 system eliminates the dilemma, by offering a broad range or products and adapting them quickly to new market requirements. Such a combined approach is very important for Savings Bank of Russia who serve millions of people”.
“The excellent testing results prove that HP and OpenWay offer both a flexible and scalable solution. Our clients may rely on it to build corporate processing systems which handle a colossal number of requests. Such performance is achieved mostly due to a tight cooperation with developers of specialised software solutions”, explains Andrew Kutukov, Deputy Director, Financial Services Industry, HP Russia.
Savings Bank of the Russian Federation (Sberbank) is the the largest bank in Russia and Central and Eastern Europe in terms of Tier I capital and assets. The bank's total assets RUB 2,513,1 billion exceed the combined assets of the next 10 largest Russian banks. The General License of Sberbank allows it to operate as a universal commercial bank in every segment of the financial market, providing its customers with the full range of banking services. Sberbank established about 20 000 branches all over Russian Federation and also has subsidiaries in Ukraine and Kazakhstan.
Hewlett-Packard Development Company focuses on simplifying technology experiences for all of its customers from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services, and IT infrastructure, HP revenue reached $118.4 billion for the four fiscal quarters ended October 31, 2008. The company's corporate headquarters are located in Palo Alto, California, but it is truly a global interest, with 320,000 employees doing business in more than 170 countries around the world.
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.