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Banking and Finance Today in the banking sector, customer high speed access is paramount when delivering eBanking services and providing for unlimited future growth of the e-banking system Bank today are developing an enviable but challenging e-business problem: their new online banking systems are becoming tremendously successful. The skyrocketing number of customers banking online however can quite often result in long system startup times and concerns that the systems could not handle future growth. Organizations such as
the Banking & finance sector use
directories to support global communications and e-commerce, and they
form the basis
of a cost-effective infrastructure for compiling, distributing, managing
and securing information. For businesses in the finance industry, including
banking and insurance institutions, centralizing and securing data in
a cost-effective way is crucial to market competitiveness.
In one example in the Banking sector a Bank’s startup delays stemmed
from the system designed to provide secure online banking transactions.
Digital certificates authenticated the thousands of customers accessing
the bank’s data through Internet connections and the Bank stored all
its digital certificates in an database, organized under a “root” directory
with a “tree” hierarchy of information. Every customer who banked
online had a digital certificate stored in one small, separate branch of
the “tree.” The system was well received by customers, but the
original information tree design proved to be incapable of handling such
a large number of users. The system limitations resulted in a very slow
startup time.
The View500 Directory is a high-performance LDAP-based directory server.
It can handle hundreds of millions of entries while maintaining performance,
reliability, security and ease of use. In this case the results are
spectacular, furthermore by using eB2Bcom’s Express Sync conversion
tools, it can take only a few hours to import the data from various external
repositories
into the Banking Directory server.. In this case the startup time dropped
from more than 90 minutes to three minutes. In the Banking sector the
number of directory entries can climb into the millions because Directories
are becoming the central point of information technology for many companies.
View500 can thus act as an authentication server by automatically verifying
users' attempts to access corporate data based on access check lists,
which can be updated in real-time to reflect changes occurring in the
company. The high-level performance of View500 also means millionsof
users and applications can access data simultaneously. | ||
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