Reference: Vakıfbank

Mayatech Solutions – VakıfBank

Target

Inter-banks EFT/Cheque/Bond transaction systems are based on SoftwareAG’s WebMethods solution for 3 years.

Legally all transactions are obliged to be archived for 10 years. In Vakıfbank, this obligation caused a performance problem which should be solved.

Provided

Mayatech implemented and activated SoftwareAG’s archiving solution. Normally transaction details are stored in task record and WebMethod’s archiving module doesn’t archive this transaction detail in task detail. We provieded a workaround which helped VakıfBank in archiving. This workaround caused 95% improvement in resource usage. The process was scheduled and periodically archives old data.

Reference: Vakıfbank

Mayatech Reference: Vakıfbank

VakıfBank is the fifth (5th) largest bank in Turkey with its $46 billion in assets as of December 31, 2009. The company offers some of the largest services in Turkey, and operates 610 branches domestically. VakifBank has two international offices located in New York and Bahrain and it also has participation in Austria named VakifBank International AG which has branches in Vienna, Cologne and Frankfurt.

VakıfBank was founded on April 13, 1954 under the special law Türkiye Vakıflar Bankası Türk Anonim Ortaklığı Kanunu. VakıfBank’s initial purpose was the management of the cash revenues and expenditures of the charitable foundations set up during the Ottoman Empire period. VakıfBank was established in Ankara and quickly began conducting banking activities with branch offices in Istanbul, Ankara and İzmir.

www.vakifbank.com.tr

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