Payment Solution Providers chooses an IBM mainframe system running z/OS and DB2 over HP servers running Oracle database software.
IBM has announced that Payment Solution
Providers has selected an IBM system z mainframe running DB2 over a system
comprising Hewlett-Packard servers running Oracle database systems.
IBM said PSP is consolidating its
entire IT infrastructure on the IBM System z mainframe server with IBM
information management software to support key business operations such as
credit card processing and payment switch technology. This is the first time
PSP is using an IBM System z mainframe server, which is expected to improve
operating efficiencies and lower IT costs up to 35 percent, IBM said.
PSP is an 11-year-old Canadian company
specializing in business consulting, smart card solutions, e-payment networks
and the integration of financial transaction processing systems. The company
selected the IBM mainframe to run PSP Atlantics Payment Switch technology and
offer it to clients as a license or cloud service. PSP's IBM mainframe also
will support new business opportunities for PSP's card processing business.
IBM officials cite PSP as saying the
rollout of an HP and Oracle infrastructure lacked the security PSP requires,
making it difficult to comply with the banking industry's PCI compliance
standards. In addition, PSP was using separate servers for each of its clients'
development, production and availability requirements. As a result, PSP
anticipated having a sprawling, inefficient infrastructure that would take up
too much space and rack up excessive costs for IT management, power and cooling,
and software licenses.
According to IBM, PSP wanted to grow
its business in North America and selected the z10 Business Class mainframe
with IBM z/OS and DB2 software to support the development of new business
channels for card processing. PSP will use the new technology to offer banking
clients worldwide PSP's Atlantics Payment Switch Technology as a license or
cloud service that will allow them to rapidly support Europay, MasterCard and
Visa (EMV) "chip card" or smart card transactions. PSP will also use Atlantics
Switch Technology for its own PSP Card Services card processing division in
North America, PSP officials said.
"The HP, Oracle infrastructure simply
couldn't support our growing business," said Danny Gurizzan, executive vice
president of operations at PSP, in a statement. "By teaming with IBM, we are
actively pursuing new clients and opportunities, confident that our technology
can keep pace and hold operating costs to a minimum. Further, selecting the IBM
mainframe gives PSP instant credibility with potential clients thanks to its
well-known security and reliability."
The mainframe with DB2 provides PSP with
the 99.999 percent availability needed to support its payments business, which
includes solutions for secure transaction processing, issuing credit cards and
ATM transactions, IBM said. PSP also selected IBM technology for its ability to
support PCI compliance with the highest level security and its unmatched
scalability. By running on the IBM System z mainframe, PSP's Atlantics Payment
Switch can process up to 5,000 transactions per second (TPS). This ensures PSP
has the transaction power needed to meet spikes in demand in its PSP Card
Services division created by holidays such as Christmas.
The IBM System z mainframe server will
allow PSP to simplify its infrastructure and lower IT costs per client
transaction by reducing the number of servers needed as well as costs
associated with power and cooling, database licensing, administrative staff,
and compliance, IBM said.
"Leading edge, innovative businesses such as PSP are increasingly consolidating
business critical workloads from HP and Oracle on to IBM System z," said Greg
Lotko, vice president of IBM System z, in a statement. "System z delivers
unsurpassed efficiency and real business advantage. Its reliability, availability
and security allow clients to pursue new business opportunities while realizing
superior IT economics."