Academic journal article ABA Banking Journal

Profiting from Real-Time, Rapid Transactions with S2 Systems Solutions

Academic journal article ABA Banking Journal

Profiting from Real-Time, Rapid Transactions with S2 Systems Solutions

Article excerpt

The move to real-time, online transactions is gathering speed. But most payment-based transaction processing software isn't keeping pace with demand. To satisfy customers in today's need-it-now culture, businesses need software that handles transactions in nanoseconds-not minutes.

The Wait Is Over

Financial institutions are expected to handle thousands of transactions each day--sometimes even hundreds of transactions per second. Without the right software, customers are left waiting at the cash register or holding up the line as transactions are processed at a snail's pace. As transaction processes are extended across multiple markets such as wireless communications, retail, utilities and peer-to-peer payments, it is clear that a simple, scalable solution is necessary for future success.

Handle Thousands of Financial Transactions per Second

For nearly 20 years, industry-leading companies have counted on S2 Systems to provide mission-critical enterprise payment and transaction management solutions. Today, more than 350 banks and hundreds of other large organizations rely upon S2 products to reliably handle peak volumes of online transactions. The company's next generation OpeN/2* is designed to future proof infrastructure and meet increasingly large transaction volumes at much higher stress levels. OpeN/2 based on Intel[R] Pentium[R] 4 processors has been proven to process 5000+ payment-based transactions per second, unmatched in the industry.

S2's OpeN/2 solution takes advantage of Intel's open architecture to leverage leading edge technologies to offer a number of benefits to businesses and customers alike, including:

* High availability: 24x7 availability that ensures reliability for S2 customers.

* Affordable scalability: Intel Pentium 4 processor-based servers and clients provide an open infrastructure that grows with your business.

* Reduced transaction costs: By improving performance ratios, it reduces administrative costs and software maintenance fees.

* Accelerated time to market: Modular architecture enables organizations to deploy applications faster and extend new offerings to customers.

* Lowered cost of ownership: The open-system environment eliminates expensive enterprise server maintenance and upgrades. …

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