PCS Wealth Management achieves Oracle Exadata Optimized and Oracle Exalogic Optimized status

 In 2014

PCS Wealth Management earned Oracle Exadata Optimized and Oracle Exalogic Optimized status through Oracle PartnerNetwork (OPN), demonstrating that PCS Wealth Management, version 2.1 has been tested and tuned on Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud to deliver speed, scalability and reliability to customers. PCS Wealth Management is a feature-rich Wealth Management solution for Asset Management service providers (Advisory, Execution, and Discretionary Services). With Oracle Exadata Optimized and Oracle Exalogic Optimized status, the PCS Wealth Management solution outperformed processing-intensive procedures such as Holdings Analysis, Portfolio Valuation, Risk-Metrics and Benchmarking calculations, allowing RMs to advise thousands of customers per hour. PCS is a banking software vendor and a Platinum level member of Oracle PartnerNetwork.

A Proof of Value test scenario was run for 1,500 and 3,000 concurrent users, servicing more than 22,500 to 45,000 customers in about 20 to 42 minutes respectively, on their holdings analysis, advisory scenarios and statement of holdings. 10x concurrent users and 12x transactions per second were served against the baseline reference tests. End-of-day highly algorithmic and CPU intensive processing of 1,500,000 portfolio valuations, portfolio performance and benchmark-risk calculations, achieved in 40:07 minutes – or 625 portfolios per second – with less than 50 percent database CPU utilization.

Oracle Exadata Optimized and Oracle Exalogic Optimized are part of the Oracle Exastack Optimized program which allows partners, such as PCS, to leverage OPN enablement resources and dedicated lab environments to help develop, test and tune their applications on Oracle Exadata Database Machine, Oracle Exalogic Elastic Cloud, Oracle Exalytics In-Memory Machine and Oracle SuperCluster engineered systems. The Oracle Exadata Database Machine delivers extreme performance and is the ideal database platform for OLTP applications, data warehouses as well as the varied and unpredictable workloads of cloud computing. It is a complete package of servers, storage, networking, and software that is massively scalable, secure and redundant. Oracle Exalogic Elastic Cloud is hardware and software engineered together to provide extreme performance, reliability and scalability for Oracle, Java and other business applications, while delivering lower TCO, reduced risk, higher user productivity and one-stop support.

By achieving Oracle Exadata Optimized and Oracle Exalogic Optimized status, Oracle recognizes PCS for developing, testing and tuning PCS Wealth Management v2.1 on Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud. This accomplishment is a testament to PCS’s ability to deliver the extreme performance and reliability customers require.

“PCS leverages leading-edge technology to provide a high quality of software and services to our clients”, said George Xenofos, CEO, PCS. “Achieving Oracle Exadata Optimized and Oracle Exalogic Optimized status for PCS Wealth Management is a critical milestone and demonstrates our commitment to deliver winning, proven solutions that can solve customers’ current and future business challenges”.

“Oracle Exastack Optimized recognizes partners who have optimized their solutions on a complete, integrated and cloud-ready infrastructure in order to help them accelerate innovation, unlock new features and functionality, and deliver superior value to users,” said David Hicks, Vice President, Worldwide ISV, OEM and Java Business Development, Oracle. “By achieving Oracle Exadata Optimized and Oracle Exalogic Optimized status, PCS has demonstrated its PCS Wealth Management is tested and tuned to work with Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud to help deliver optimum performance, scalability, and reliability to their customers.”

About the Oracle Exastack Program

The Oracle Exastack program helps enable Independent Software Vendors (ISVs) and other members of Oracle PartnerNetwork (OPN) to rapidly build and deliver faster, more reliable applications. Leveraging the Oracle Exastack program, qualifying OPN members have access to Oracle performance experts and dedicated labs for testing and tuning their applications on Oracle Exadata Database Machine, Oracle Exalogic Elastic Cloud, Oracle Exalytics In-Memory Machine and Oracle SuperCluster. Customers can be confident when selecting Oracle Exastack Optimized applications that they are supported, and have been tested and tuned with the goal to achieve optimal performance, scalability and reliability. Also part of the program, Oracle Exastack Ready is dedicated to helping ISVs run their solutions on the latest major release of Oracle Exadata Database Machine, Oracle Exalogic Elastic Cloud, Oracle Exalytics In-Memory Machine, Oracle SuperCluster and their component products, including Oracle Database, Oracle WebLogic Server, Oracle Solaris, Oracle Linux and Oracle VM. These products provide partners with a lower cost and high performance infrastructure for database and application workloads across on-premise and cloud based environments. With an Oracle Exastack Optimized or Oracle Exastack Ready status achievement, partners will receive access to corresponding Oracle branding, logos and related benefits to effectively differentiate their offerings. To find out more, visit http://www.oracle.com/partners/goto/exastack.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle’s partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more, visit http://www.oracle.com/partners.

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