Financial Services Company, COCC, Migrates To Oracle On Linux To Deliver Critical Functionality To Community Bank Customers
Migration to Oracle on Linux Reduces Hardware Costs by 40 Percent and Delivers Significant Cost Savings
By: Linux News Desk
Apr. 26, 2006 10:30 AM
COCC, Financial services company is relying on Oracle Financial Management, a part of the Oracle E-Business Suite and
Headquartered in Avon, Conn., COCC provides state-of-the-art technology platform to more than 140 community banks and credit unions in the Northeast, processing over 7 million check images each month and servicing more than 7,000 workstations and 540 ATMs. To help ensure the secure transfer of vital, private, financial data, COCC needed a highly available, reliable IT infrastructure that could also improve efficiencies and deliver significant cost benefits.
"As a service bureau for regulated financial services customers, security and reliability are of paramount importance to COCC," said Brent Biernat, director of network services, COCC. "Deploying Oracle Applications and Oracle Database on Linux enabled us to significantly lower costs and at the same time achieve high security and performance milestones. This, along with the time
Migrating to Intel boxes running SUSE Linux Enterprise Server enabled COCC to significantly decrease system downtime associated with upgrades, freeing up valuable DBA time for more strategic projects, such as creating innovative products for customers. As a result of the migration, COCC was able to reduce its hardware costs by 40 percent and decrease its software licensing and labor costs significantly each year.
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