A Banking Application: Fundtech Global PAYplus Test Results on IBM POWER5+

An IBM Redpaper publication

Note: This is publication is now archived. For reference only.

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Published on January 25, 2007

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IBM Form #: REDP-4239-00


Authors: Gene Neyer, Mike Ebbers and Tangy Ward

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    Abstract

    A group of United Kingdom banks have plans to reduce payment times of transactions involving telephone or Internet instructions from customers from days to seconds. The Faster Payments Initiative is a proposal to update their payment systems to enable connection with the new central infrastructure. Testing must be completed within a very compressed timeframe. Fundtech ran a series of benchmark tests to demonstrate that their Global PAYplus application can handle the high transaction volumes required.

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