The Sarasin Group has its roots as a leading Swiss private bank founded in 1841. It provides a high level of service and expertise when acting as investment advisor and asset manager for private and institutional clients. As an international financial service provider committed to sustainability, the Group is now represented in 19 locations in Europe, the Middle East, and Asia.
Challenge
Bank Sarasin, in a joint venture with AIG Private Bank, aimed to launch a new bank for affluent private customers, called bank zweiplus. It needed to keep IT infrastructure costs down to maximise profits while ensuring it was scalable enough to meet ambitious customer growth targets.
Solution
Bank Sarasin benchmarked the performance of an HP Integrity* rx8640 server powered by Intel® Itanium® processor 9100 series. The results revealed that more than 30 million transactions could be processed in a year which fulfilled bank zweiplus requirements
Results
Six HP Integrity* servers were implemented, powered by Intel® Itanium® processor 9100 series and incorporating a failover and several test and development systems. Five months after launch the customer base grew from approximately 240,000 to 300,000, exceeding bank zweiplus growth targets.
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