ABN AMRO Moves Progress-Powered Credit Store App to Azure Cloud; Achieves 40% Faster Data Processing, Lower TCO and Improved Business Resilience
2024年3月12日 - 10:00PM
Progress (Nasdaq: PRGS), the trusted provider
of infrastructure software, today announced that ABN AMRO
Bank, one of the largest banks in the Netherlands, migrated its
Progress-powered Credit Store application from on-premises to
Microsoft Azure leveraging MarkLogic® Data Hub's cloud neutrality
and deployment flexibility—resulting in faster data processing,
increased business resilience and lower Total Cost of Ownership
(TCO).
With 300 years of history, 365,000 commercial clients and
offices in 13 countries worldwide, ABN AMRO is committed to
harnessing the power of digital to get closer to its clients and
their needs. Built on the MarkLogic Data Hub repository, the bank’s
Credit Store application enables business users to assess the risks
of and approve or reject credit applications based on client data
collected from various siloed sources.
Utilizing the powerful capabilities of MarkLogic Data Hub, the
bank was able to set up a database cluster to perform intensive
tasks over three availability zones, without sacrificing computing
power. In the case of downtime, the MarkLogic® Server cluster can
automatically recover from the outage, continuing to process data
queries without any immediate action needed by an administrator. In
addition, by moving to the cloud, they have removed the need for
physical machines leading to significant financial and operational
gains, decreasing the bank’s total cost of ownership.
To boost its performance and simplify its overall technology
environment, ABN AMRO partnered with Infosys to migrate the Credit
Store application. Since MarkLogic solutions are cloud-agnostic,
they were able to successfully move the application to Azure on
schedule and within budget, accelerating time to market for its
business users. Data is now processed during the night, giving
business users quick access to real-time data and enabling them to
fast track the decision-making process each morning.
“By moving Credit Store to Azure with MarkLogic Data Hub, we’ve
not only decreased data processing time by 40%, but we’ve achieved
a single, actionable, 360-degree view of our data in the cloud, in
compliance with necessary corporate and regulatory requirements and
strengthened our business continuity,” said Timothy Bergsma, IT
Lead Credits, ABN AMRO Bank.
The MarkLogic Data Hub helps organizations gain operational
excellence by delivering a 360-degree view of their operations,
customers and people. It is a data integration and data modeling
solution that connects all of an organization’s multi-structured
data and transforms it for both transactional and analytical
purposes. The Data Hub works by ingesting data as is, from any
source, indexing it for immediate query and search and curating it
through harmonization, smart mastering and enrichment.
“For financial organizations, making the transition to the cloud
is a critical milestone on the path to digital transformation and
among their most important IT initiatives,” said John Ainsworth,
EVP & General Manager, Application and Data Platform, Progress.
“The MarkLogic Data Hub reoffers the ability to adapt to changing
business needs, navigate regulatory requirements and improve
business continuity.”
About ProgressProgress (Nasdaq: PRGS) provides
software that enables organizations to develop and deploy their
mission-critical applications and experiences, as well as
effectively manage their data platforms, cloud and IT
infrastructure. As an experienced, trusted provider, we make the
lives of technology professionals easier. Over 4 million developers
and technologists at hundreds of thousands of enterprises depend on
Progress. Learn more at www.progress.com.
Progress and MarkLogic are trademarks or registered trademarks
of Progress Software Corporation and/or one of its subsidiaries or
affiliates in the U.S. and other countries. Any other trademarks
contained herein are the property of their respective owners.
Press Contacts:
Kim
Baker
Progress
+1-800-213-3407
pr@progress.com
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