Logica`s Messaging Hub, FASTWIRE Open, Benchmarks at Record Five Million Messages Per Day

* Reuters is not responsible for the content in this press release.

Mon Aug 17, 2009 4:30am EDT

Benchmark Enables Banks to Reduce Costs and Manage Business Expansion
LONDON--(Business Wire)--
Logica (LSE:LOG) (Amsterdam:LOG), a leading IT and business services company,
today 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. The test was carried
out in conjunction with a tier one banking client, which is one of world's
largest users of SWIFT - demonstrating the hub`s ability to support global
banks. 

FASTWIRE Open can scale to support the future growth of user banks, enabling
them to not only reduce operational and network costs but also to take advantage
of high throughput and adaptability to meet their demanding and growing
requirements. 

"Banks need to gain greater efficiencies if they are to preserve profit margins,
given escalating payments volumes and sustained revenue pressure," said Andy
Schmidt, research director at TowerGroup. "Centralised messaging hubs that are
scalable and integrated give banks the flexibility and control that their
payments businesses require. This allows banks to achieve savings through
reduced messaging costs - savings that can be passed on to clients." 

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." 

The benchmark test was undertaken by Logica at IBM`s performance testing
facility in Montpellier, France, during June 2009. FASTWIRE Open, Logica`s
messaging hub, achieved a throughput of up to 200 messages per second, while
actively using only 16 processors, exceeding the target of 150 messages per
second. 

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. 

- ends- 

NOTES TO EDITORS

About Logica
Logica is a leading IT and business services company, employing 40,000 people.
It provides business consulting, systems integration, and IT and business
process outsourcing services. Logica works closely with its customers to release
their potential - enabling change that increases their efficiency, accelerates
growth and manages risk. It applies its deep industry knowledge, technical
excellence and global delivery expertise to help its customers build leadership
positions in their markets. Logica is listed on both the London Stock Exchange
and Euronext (Amsterdam) (LSE: LOG; Euronext: LOG). More information is
available at www.logica.com. 

About Logica`s payments expertise
Logica has more than 30 years of experience in delivering payments products to
the largest financial institutions. Logica is the only company to provide an
end-to-end payments hub enabling banks to move from duplicated, siloed payments
systems to a modern hub environment. Logica`s All Payments Solution (LAPS) can
process the full range of payment types (retail, domestic, international,
urgent/timed, single and mass payments) within a single deployment. It is fully
SEPA compliant and live, supporting SEPA in over 10 countries. LAPS is the only
payments hub capable of supporting SEPA transactions beyond current
domestic-level requirements. It can provide any global bank with a single
consolidated Europe-wide SEPA deployment for when payments traffic merges in the
near future from domestic to SEPA. Furthermore, this massively scalable and high
performing solution enables banks to optimise hardware utilisation and reduce
infrastructure costs. For further information, visit
http://www.logica.com/payments/400012772

About FASTWIRE Open
FASTWIRE Open is Logica`s high-end, network independent messaging platform.
Based on Logica`s proven service-oriented open architecture, it delivers high
performance and reliability on modern low cost infrastructures. It processes and
routes all message types including payments and securities messages in SWIFT,
ISO, XML and proprietary formats - enabling banks to choose the most cost
effective route saving on unnecessary transaction fees. 





Cat Lenheim
Metia for Logica global financial products division
Tel: +44 (0)20 3100 3767
Email: catherine.lenheim@metia.com
or
Nick Bird
Metia for Logica global financial products division
Tel: +44 (0)20 3100 3738
Email: nick.bird@metia.com



Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.