Powering Financial Services and Payments Transformation

Fraud Detection, Identity Resolution, Settlement and Clearing all Benefit from Real-time Decisioning

Financial services and payments processors have the conflicting needs of secure transactions that increasingly need to be in real-time. Relational databases are not easily distributed and require unreliable and complex caching systems. Mainframes, while both fast and reliable are cost-prohibitive and aren’t easy to port applications on. Aerospike uniquely overcomes these challenges with our proven solutions.

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Transform your Financial Services and Payments applications with Aerospike

Preventing false positives in payment systems, across physical and online, for commerce and money transfer.

Secure authentication and fast, friction-free payment processing for online, CNP, digital wallet and CP point-of-sale transactions.

Check and validate digital identity in real-time for account logins and financial transactions.

Millions of daily payments, deposits, withdrawals, transfers, and trades need to be fast, accurate, and secure via mobile, PCs, ATMs, and branch offices.

Tracking stocks, bonds and financial instruments across multiple exchanges in real-time to trigger buy/sell actions.

Create a fast data access. Accurately update your inventory in real-time by replacing your cache database.

Industry Leaders rely on Aerospike

Banca D'Italia ThreatMetrix Sberbank PhonePe Paytm
Banca D'Italia ThreatMetrix
Sberbank PhonePe
Paytm  
Europe's 5th Most Valuable Banking Brand World's 2nd Leading Online Payments Processor Top 3 Global Card Payment Organization Top 3 Global Brokerage Firm
Europe's 5th Most Valuable Banking Brand World's 2nd Leading Online Payments Processor
Top 3 Global Card Payment Organization Top 3 Global Brokerage Firm

 

Benefits of Aerospike for your Financial Services and Payments Transformation business

High Reliability

High Reliability

Financial and payment systems need to be highly available in our 24/7 economy. Aerospike’s distributed shared-nothing architecture with strong consistency reliably stores data with automatic failover and provides replication at the server level. By integrating these mechanisms with transaction processing, the system is highly resilient. Automated load rebalancing and fault-tolerance plus background backups, restores and rolling upgrades, plus Cross Datacenter Replication (XDR) are all built into the Aerospike solution. With no single point of failure, financial services and payments firms are protected from unplanned outages and can be confident their solutions are always available.

Predictable Performance

Financial services firms operate in highly dynamic markets that are prone to extreme and unpredictable spikes in volume and activity, triggered by trade signals, market news, seasonality and other variables. Development teams need to be confident that the system always has the necessary capacity and elasticity to handle any load at any time. Unlike relational databases, which are designed to scale vertically on a single server, Aerospike’s distributed NoSQL architecture features the ability to scale up and scale out across servers, clusters, and data centers. Automatic scaling occurs in a linear fashion, ensuring that read and write performance is consistent and predictable, even during surges in financial transactions.

Predictable Performance
Predictable Performance

Predictable Performance

Financial services firms operate in highly dynamic markets that are prone to extreme and unpredictable spikes in volume and activity, triggered by trade signals, market news, seasonality and other variables. Development teams need to be confident that the system always has the necessary capacity and elasticity to handle any load at any time. Unlike relational databases, which are designed to scale vertically on a single server, Aerospike’s distributed NoSQL architecture features the ability to scale up and scale out across servers, clusters, and data centers. Automatic scaling occurs in a linear fashion, ensuring that read and write performance is consistent and predictable, even during surges in financial transactions.

Speed at Scale

Speed at Scale

Applications deployed by retail and commercial banks, investment firms, and portfolio managers process massive and fluctuating volumes of data, transactions, and customers. Even a few milliseconds delay can result in a fraudulent transaction or an unacceptable risk exposure position. Aerospike has pioneered a modernized architecture that takes advantage of memory in a way that has never been done before. Aerospike’s proprietary log structured file system is built to exploit the properties of Flash devices, yielding superior and consistent performance and throughput. Unlike traditional NoSQL solutions, Aerospike is able to drive dozens of SSD devices per server before it becomes CPU-bound with powerful parallelism.

Lower Total Cost of Ownership

A key advantage of Aerospike’s unique “built for SSD” architecture is that it requires far less hardware, often 1/10th, than conventional relational and NoSQL databases. Dramatic reductions in hardware expenses are supplemented with similar savings in staffing costs associated with Aerospike’s simplified architecture and built-in automation. DevOps teams are insulated from the common challenges of maintaining separate tiers for cache and persistent storage, and from separate databases for reads and writes. Automated database sharding and system self-management capabilities minimize the time and manual effort of daily system operations.

Lower Total Cost of Ownership
Lower Total Cost of Ownership

Lower Total Cost of Ownership

A key advantage of Aerospike’s unique “built for SSD” architecture is that it requires far less hardware, often 1/10th, than conventional relational and NoSQL databases. Dramatic reductions in hardware expenses are supplemented with similar savings in staffing costs associated with Aerospike’s simplified architecture and built-in automation. DevOps teams are insulated from the common challenges of maintaining separate tiers for cache and persistent storage, and from separate databases for reads and writes. Automated database sharding and system self-management capabilities minimize the time and manual effort of daily system operations.

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