Logica's Fastwire Open can process 5 million messages per day

By SiliconIndia   |   Friday, 28 August 2009, 12:30 Hrs
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Bangalore: Fastwire Open, the messaging hub of Logica, an IT and business services company, can process over five million Swift Fin messages per day. Powered by IBM processors, the test was carried out in conjunction with a tier one banking client, demonstrating the hub's ability to support global banks.

Fastwire Open can scale to support the future growth of user banks, enabling them not only to reduce operational and network costs but also to take advantage of high throughput and adaptability to meet their demanding and growing requirements.

Tim Brew, Director of global financial products at Logica said, "Payments volumes are increasing exponentially as global banks continue to grow, either organically or through M&A activity. Our high performing financial messaging hub enables banks to reduce costs by consolidating their multiple systems onto regional or global hubs. The solution can clearly support our clients' business expansion, but it also enables banks to reduce the overall cost per message and handle the ever increasing occurrence of unexpected volume peaks in messages."

The benchmark test was undertaken by Logica at IBM's performance testing facility in Montpellier, France, in June 2009. Fastwire Open, achieved a throughput of up to 200 messages per second, while actively using only 16 processors, exceeding the target of 150 messages per second.

For the test, the system processed Swift format messages while concurrently managing day-to-day activities such as archiving and database replication. The platform used an Oracle 10g database, operating with Oracle RAC and Dataguard, and was based on IBM 64-Core Power6 5GHz Based Power 595.

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