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Customer Stories

Financial Services

The financial services industry is rapidly evolving due to regulatory requirements, operational pressures, and continued merger and acquisition activity. These pressures are requiring increasingly complex applications to be deployed and managed in order to integrate disparate data, improve efficiencies, and enable both company growth and customer self-service.

Due to the complexity and distributed nature of these applications, multiple points of potential failure exist. Proactively monitoring these applications enables financial services organizations, like banks, investment brokers, and mortgage lenders, to detect, diagnose, and remedy problems before they negatively impact business.

AVIcode is enabling just this. Financial services companies of all sizes use AVIcode’s technology to look at their business from a new perspective, to gain insight into the behavior and health of critical applications, and to proactively address potential issues that could affect their business and their customers’ business. Some examples of AVIcode’s success in the financial services industry follow.

Bank Mizrahi

The fourth largest bank in Israel selected AVIcode to ensure a seamless migration of two business critical applications to .NET. Both applications – a smart-client branch management system and a web-enabled online customer banking application – were migrated from OS/2 to .NET 2.0. AVIcode's .NET Management Pack is being used pre-production to ensure successful migration and post-production to ensure continued reliability and availability of these applications. In addition, future .NET development will also rely on AVIcode's monitoring solutions. AVIcode opened the door to a large MOM deployment as well, and both the .NET MP and MOM were integrated into a Tivoli environment in order to provide Bank Mizrahi with greater control over IT resources. "Banking is computing. No computing, no banking," says Danny Dotan, Delivery Channels Applications division manager with Mizrahi Tefahot Bank. "AVIcode develops the only products on the market that will help us detect application problems before they impact our business, allowing us to maintain optimal availability and enabling us to provide the best customer experience possible." Read more.

Bank of America

AVIcode is used to monitor a securities trading application for Bank of America Securities Division. The trading application is written in the 1.1 framework. BoA has MOM running in conjunction with this application and purchased AVIcode for in-production use. Their primary monitoring goals primarily surround exception events with this application.

Citigroup

Citigroup has deployed a set of internal portal applications to provision HR services and resources in support of their employees. The application is monitored with MOM 2005 and Application Center. In order to avoid friction between development and infrastructure teams, Citigroup deployed AVIcode's technology to troubleshoot issues of the production application. With the ability to collect diagnostic information, down to the offending line of source code, Citigroup is able to better support and maintain this internal application.

eCommLink

The premier provider of next generation payment technology for stored value, debit, and credit transactions, eCommLink provides an enterprise payment platofrm that permits a broad range of loading and disbursement options. With AVIcode, eCommLink is able to detect application problems before they impact end users and resolve problems faster.

Home Loan Bank

Home Loan Bank has helped over 75,000 people refinance their homes, consolidate debt, buy new homes, and get cash for expenses - even people struggling with their finances. AVIcode's ability to capture root cause details for application failures and performance issues has helped speed time to resolution of application issues in both staging and production environments.

Jefferies

Jefferies uses the .NET Management Pack in their London-based data center to monitor an online trading application developed by the company's international division. According to Jefferies' director of development: "The product gives us a crystal clear inside look of our multi-tier applications and enables us to identify our performance bottleneck instantly. I am also amazed that it is so light-weight and virtually adds no overhead to our applications."

Jones Lang LaSalle

Jones Lang LaSalle uses Intercept Studio to diagnose and troubleshoot problems within a web application used for commercial real estate property provisioning. Intercept Studio is used within the staging environment.

JP Morgan Chase

JPMC selected AVIcode to help the company overcome the challenges of managing productive, real-time systems. These systems placed burden on both JPMC's support staff and well as on client relationships because the company believes that any downtime is too much downtime. With Intercept Studio providing real-time, proactive software monitoring, JPMC has better control over and confidence in their technology.

NetBank

Because Intercept Studio automatically detects exception and performance issues as they occur, Intercept Studio can alert NetBank to errors without relying on end-users to report them. NetBank was able to immediately implement AVIcode's monitoring and diagnostic technology without instrumentation or recompiling, saving NetBank both time and money. According to Akin Agar, NetBank's Manager of Internet Services, "AVIcode's product effectively monitors .NET applications with low overhead in an always-on state, helping us cut the time to resolve software applications in half." Read more.

Russell Investment Group

Russell Investment Group uses AVIcode to improve the QA process, enabling application problems to be detected and resolved pre-production. In addition, the use of AVIcode has limited Russell Investment's need for and reliance on instrumentation.

Skandia

Skandia'a production environment crashed twice within two months, after the company deployed several new applications critical to their trading systems. Skandia's initial response was to add more hardware, but the system continued to crash. After implementing Intercept Studio, the problem was immediately addressed and quickly identified so it could be resolved. Since, Intercept Studio has been implemented to monitor seven critical applications, and Skandia's 2007 plans include deploying Intercept Studio to development teams and to additional production systems.

TheMarkets

Eleven of the world's largest investment banks joined together to start delivering - direct to clients - more of their proprietary content than had traditionally been available from the middlemen in the marketplace. To do so, these banks created TheMarkets. Today, TheMarkets has over 1500 asset managers, mutual funds, pension funds, hedge funds, corporations, and private equity firms as clients. TheMarkets relies on AVIcode's technology to monitor a web-based subscription service for the company's brokerage clients. AVIcode provides detailed information on response times and site availability, helping TheMarkets ensure customer satisfaction.

XL Capital

XL Capital, a leading provider of global insurance and reinsurance, was having problems with a third party application that tied into an AS/400 back-end system. The system was causing a time-out to occur, and after months of working with the third party to determine the cause of the problem, XL turned to AVIcode. AVIcode helped XL determine the problem was a web service call to the back end system. AVIcode is now used by XL for both application performance monitoring and business activity monitoring. AVIcode has become the backbone of a global monitoring system for an internal WinForms application, and our solution is used to monitor both workflow and business metrics.