GoldenGate Software, a leading provider of high availability and real-time data integration solutions, today announced that CashEdge, the leading provider of online financial applications to banks, credit unions, brokerage and wealth management firms, has deployed the GoldenGate Live Standby solution for disaster tolerance in a proactive approach to keeping mission critical applications operating during planned and unplanned outages, while successfully meeting customer service level agreements (SLA).
Software as a Service (SaaS) provider CashEdge specializes in online account opening and funding, funds transfer and data aggregation solutions for banks, credit unions, and wealth management firms. CashEdge provides applications to over 600 financial institutions. The company's money movement applications process nearly $1 billion each week in funds transfers and also manages a large amount of sensitive customer data. By implementing GoldenGate's software solution, CashEdge has ensured that its customers' data is highly available and in the event of a failure or outage at the primary system, end-users can be redirected to the backup system, which is immediately ready and available to support users.
"With our software supporting such a high level of critical transactional information, it is crucial that CashEdge is prepared in the event of an outage or disaster," said Burak Yenier, senior director of operations for CashEdge. "With the GoldenGate solution, we are able to replicate transactional data in near real-time from our Oracle 10g RAC database into a secondary live standby system. We can now confidently guarantee our customers the reliability and availability they need. With our newfound confidence, we're looking to deploy GoldenGate solutions for other projects throughout the organization."
After implementing the GoldenGate Live Standby solution, CashEdge decided to take advantage of the fresh data it now has available in the secondary system, for reporting and analytics. Utilizing a custom developed extract, transform and load (ETL) process, CashEdge moves the data provided by GoldenGate Software from the live standby system into a data warehouse for reporting via Oracle Business Intelligence Enterprise Edition (OBI EE) dashboards. Reporting off the warehouse allows CashEdge to perform business intelligence without putting a strain on the production system.
"CashEdge is a great example of an organization that selects GoldenGate for a particular pain point and quickly begins to expand its use based on the flexibility of the product," said Sami Akbay, vice president of product management and marketing for GoldenGate. "The ability of the GoldenGate products to work seamlessly across multiple implementations and environments is unique and provides tremendous flexibility for IT operations, as well as strategic advantage for our customers business."