Performance Improvement for Online Banking

Case Studies

Performance Improvement for Online Banking

Performance Improvement for Online Banking

Avanza Bank Holding is the largest online stock broker in Sweden with more than 1,000,000 customers and the largest number of deals on the Stockholm Stock Exchange. Avanza is one of the options open to private investors who want to play an active part in their investments and savings programs.

The Challenge

Avanza’s goal was to optimize its existing applications for maximum performance, as the core of their system became very tightly coupled application architecture, which proved to be difficult to change and extend with new functionalities. Avanza found it difficult to scale due to the inflexibility of legacy application and third-party tools.

The Solution

With GigaSpaces, Avanza achieved major performance improvement, increasing customer experience by 100X, from hours to seconds.