Logica's FASTWIRE Open Benchmarks At 5 Million Msgs Per Day

Logica has announced the results of a high-performance benchmark test carried out on FASTWIRE Open, Logica’s messaging hub, powered by IBM processors. The hub can now process over five million SWIFT Fin messages per day.

Tim Brew, director of global financial products at Logica, commented, "Payments volumes are increasing exponentially as global banks continue to grow, either organically or through M&A activity. Our high performing financial messaging hub enables banks to reduce costs by consolidating their multiple systems onto regional or global hubs. The client that participated in this test has proven that its future FASTWIRE Open-based messaging platform will support significant growth in its messaging traffic. The solution can clearly support our clients’ business expansion, but it also enables banks to reduce the overall cost per message and handle the ever increasing occurrence of unexpected volume peaks in messages."

For the test, the system processed SWIFT format messages while concurrently managing day-to-day activities such as archiving and database replication. The platform used an Oracle 10g database, operating with Oracle RAC and Dataguard, and was based on IBM 64-Core Power6 5GHz Based Power 595.