Microsoft and Fiserv Demonstrate Superior Scalability With Fiserv Internet Banking Solution.Business Editors
REDMOND, Wash. & LINCOLN, Neb.--(BUSINESS WIRE)--Aug. 28, 2000
Microsoft Corp. and Fiserv, Inc. subsidiary Information Technology, Inc. (ITI (Information Technology Industry Council, Washington, DC, www.itic.org) Formerly the Computer and Business Equipment Manufacturers Association (CBEMA), founded in 1916. ITI is a membership organization composed of approximately 30 large high-tech companies. ) today announced the results of their scalability tests, demonstrating that Fiserv PremierEcom Internet banking software, running on a Microsoft(R) Windows(R) platform, is capable of processing more than 225,000 transactions per hour. This and other results confirmed that PremierEcom can meet and exceed the processing demands of the largest Internet-based banks.
The tests, performed jointly by Microsoft and Fiserv at Microsoft's laboratories in Bellevue, Washington Bellevue is a rapidly growing city in King County, Washington, U.S., across Lake Washington from Seattle. Long known as a suburb or satellite city of Seattle, it is now categorized as an edge city or a boomburb. , proved that by taking advantage of the Microsoft Windows See Windows.
(operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. NT(R) 4.0 operating system operating system (OS)
Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. , SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. (TM) 7.0, Microsoft Transaction Server A TP monitor for Windows NT servers from Microsoft that supports transaction-based applications on LANs, the Internet and intranets. It also serves as the infrastructure for a multi-tier system. It is used in the middle tier between the client and the database server. and Internet Information Server See IIS.
(World-Wide Web) Internet Information Server - (IIS) Microsoft's web server and FTP server for Windows NT.
IIS is intended to meet the needs of a range of users: from workgroups and departments on a corporate intranet to ISPs hosting websites that receive , PremierEcom can process more than 5 million Internet banking transactions in 24 hours, while maintaining an average response time under 3.5 seconds. The software was able to maintain more than 8,100 concurrent Internet banking sessions, and linear scalability tests indicated that PremierEcom could support a base of 6 million customers - nearly five times the number of customers on the largest Internet banking base today.
"According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. our lab personnel, PremierEcom was one of the most efficient, scalable applications we have seen utilizing the Microsoft Windows platform," said Bill Hartnett, Global Director of Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page. at Microsoft. "Fiserv has clearly demonstrated that Microsoft technologies are robust, scalable and cost-effective for the financial industry and the Internet in particular."
"Based on its cost-effective, real-time integration alone, we've known PremierEcom was a home run Internet banking product since its introduction last year," said Michael K. Young Michael K. Young is the current President of the University of Utah.
Young began his tenure as the 14th president of the University of Utah in August 2004. Prior to his appointment at the University of Utah, he was Dean and Lobingier Professor of Comparative Law and , President of ITI. "We were certain it could support online institutions of any size, including the largest. What these tests proved is that PremierEcom is more than able to handle the pre-established volumes, with no loss of efficiency."
PremierEcom provides real-time customer relationship management, including bank-at-home balance and transaction information, funds transfer and bill payment, document and image distribution, account aggregation, new account acquisition, and interfaces that allow the use of personal financial management packages such as Microsoft Money. More than 250 financial institutions running on various Fiserv banking, thrift and credit union host systems have licensed PremierEcom since the beginning of the year.
Lab tests were performed on Web servers utilizing Intel Pentium III 550MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. Xeon processors. The tests were executed using Microsoft's Web Application Stress Tool and simulated a variety of Internet banking activities. These scripts were based on statistics from existing PremierEcom customers. The activities were comprehensive and included combinations of customer logins, account lists, account inquiries, transaction lists, payment lists, payment inquiries, payment changes and logoffs.
"Our methodology was to start with a single-processor Web server and track performance incrementally, up through eight quad-processor Web servers," Young said. "Through this approach, we were able to prove that PremierEcom scales linearly, simplifying the process of configuring the appropriate hardware for a financial institution."
Microsoft's Premier Support for Developers certified that Fiserv PremierEcom met Microsoft's benchmark standards and that the results exceeded all objectives set by Fiserv and Microsoft before the lab visit. Fiserv and Microsoft will publish a comprehensive white paper, PremierEcom Scalability, that details the methodology used, the test results and the overall success of the effort. The white paper will be available on the Microsoft, Fiserv and ITI Web sites.
Fiserv, Inc. (Nasdaq: FISV FISV Fiserv, Inc (stock symbol) ) is an independent, full-service provider of integrated data processing Noun 1. integrated data processing - automatic data processing in which data acquisition and other stages or processing are integrated into a coherent system
automatic data processing, ADP - data processing by a computer , information and management systems, serving more than 10,000 firms in the financial industry. The company is headquartered in Brookfield, Wisconsin, and can be found on the Internet at www.fiserv.com.
Information Technology, Inc. is a wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
In other words, the parent company owns the company outright and there are no minority owners. of Fiserv and the leading provider of integrated software solutions for America's financial institutions. Headquartered in Lincoln, Nebraska, ITI provides the latest in products and services, complemented by the banking expertise needed to help financial institutions meet aggressive time-to-market objectives. Consulting services include evaluating clients' needs for overall business process design and project management.
More than 3,600 institutions, including banks, thrifts, credit unions and finance companies, have selected ITI's Premier II suite of integrated software to process core banking applications. ITI offers over 50 additional software solutions that include Internet banking, management information, data warehousing, document processing, image-based check and document management, and platform automation systems. More information about the company can be found on the Internet at www.ITIwNET.com.
Founded in 1975, Microsoft (Nasdaq:MSFT MSFT Microsoft (stock symbol)
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