Case study

Produban speeds up customer's banking operations with a powerful platform

Accelerating bank accounting operations

Since the 2008 financial crisis, banks have striven to reduce risk and regain consumer trust through risk management, continuous improvement, and technology.
Fully committed to this transformation, a global bank in Mexico launched its risk data aggregation strategy, which required much faster accounting reconciliation. Previously, running on a mainframe platform, reconciliation could take entire days. This hindered and delayed internal processes, posing the risk of sanctions by regulatory agencies.
The bank tasked Produban, its trusted IT provider, with an ambitious goal: to analyze 60 million daily transactions in 5 hours, and peaks of 240 million in 8 hours. Oracle Financials Accounting Hub (FAH) was the application of choice, which demanded a mission-critical system with very high performance.