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Financial Services Bank on Wily to Deliver Application Success

Financial services organizations have some of the most sophisticated and complex IT infrastructures of any industry. And, given the continuing trends of industry consolidation, deregulation and globalization, they are likely to get even more difficult to manage.

After implementing Introscope from Wily Technology, a global financial services organization was able to increase their aggregate application availability from 93 to 99%. In addition, this firm realized a 50% performance improvement on reaching their threshold targets for a mission-critical online credit and debit application.

Both commercial and retail banking industries rely on web applications for core business functions. They don’t just support the business; in many cases—as in stock exchange trading applications—web applications are the business. When they crash, the consequences can be catastrophic. Industry estimates for one hour of downtime at a brokerage house average over $20 million per hour, and customer defection after a negative experience can mean even greater costs over time.

To meet customer needs and achieve business goals, financial services firms require an end-to-end application management solution that can help them:

  • Manage customer, employee and partner transactions in real-time with a single, comprehensive solution
  • Optimize consumer-facing online banking applications
  • Ensure trading and exchange platforms are always at peak performance
  • Identify where in a composite application a performance problems occurs, including applications, application servers, databases, or legacy mainframe applications
  • Meet stringent Service Level Agreements (SLAs) and compliance requirements

Leading financial services organizations including Citigroup, Credit Suisse First Boston and JPMorganChase among others turn to Wily for solutions that improve their understanding of their customer experience, and ensure mission-critical applications meet mandated service levels.

Through proactive application management, financial services firms are delivering superior availability and performance of their applications, thereby improving customer service and bottom line business performance.

 

Learn More About Wily's Specific Industry Experience

Telecommunications

U.S. Federal Agencies

Financial Services



“Wily easily saved the bank more than $200,000 in time spent trying to fix the problem. Additionally, with proactive monitoring, Wily saves the bank $500K to $1M annually on manpower spent finding and fixing problems.”  – Vice president, leading U.S. financial institution


Partial Customer List

Akbank (case study)
Barclays Bank
BHF Bank
Citigroup
Credit Suisse First Boston
DekaBank (case study in English / Deutsch)
Deutche-Bank
Discover Financial
Experian
Fidelity
Fiducia (case study)
HSBC plc
JP Morgan Chase
Nomura Securities
Northern Trust Bank
Prudential Financial
SSQ Financial Group
TIAA-CREF
The World Bank
Zürcher Kantonalbank (case study)



Wily Knows. Learn More.

Report: The Cost Benefit of Monitoring Applications



Contact Wily

To learn more about how Introscope can help IT optimize the performance of mission-critical financial services applications, contact a Wily representative at
wily-info@ca.com.

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Enterprise Application Management