2007-01-02 17:43:18 · 8 answers · asked by sandip p 1 in Computers & Internet ➔ Software
Yes Oracle is very useful banking sector.because database is
mainly used in banking.
2007-01-02 18:02:51 · answer #1 · answered by honey 1 · 0⤊ 0⤋
Yes, oracle provides a very robust database management system required for the banking sector based applications.
2007-01-03 01:56:16 · answer #2 · answered by Ronney 5 · 0⤊ 0⤋
Currently Oracle database technology is the most preferred and widely used in every type data storage and retrieval applications.
Banking is no diffrent.
Many leading banks in India like ICICI, UCO, CANARA are hosting there data on Oracle database though various operating systems.
In India the Oracle on Unix (any flavors like solaris, hpux etc.) are preferred but worldwide due to lower costs many newer installations are being done Windows operatign systems. Biggest database on Windows is of 64TB running on 30 node RAC cluster
So banking application can scale very well on Oracle. I would suggest you should develop the prototype and test it out for transaction thruput and response time for various OS and Oracle DB and then decide which one is the best technological option for your application.
Then you can decide the final configuration looking at the total cost by checking your budget
2007-01-04 06:25:49 · answer #3 · answered by Amod 1 · 0⤊ 0⤋
First Thing that comes to mind when you mention Banking Sector is DATABASE. The world's best database software is Oracle. Latest version is Oracle 9i. That's why oracle and banking sector are inseparable.
2007-01-03 03:51:10 · answer #4 · answered by answer_book 1 · 0⤊ 0⤋
Oracle can be configured for high availability which is the main requirement in banking. It is a matter of your redo logs, both numbers and locations and controlling your archiving. I, personally, would always recommend Oracle, I love it!
2007-01-03 12:06:20 · answer #5 · answered by Elizabeth Howard 6 · 0⤊ 0⤋
Helllo Feiend,
I m also working on Banking Software Developement.
The Front end i use VB.
The Backend i use is ORACLE 9i.
Oracle is the top ost DBMS Software..
All Applications bnot only baking use ORACLE.
ItzRObustness is too good..
My Software used in Vijaya Bank.
2007-01-05 06:01:11 · answer #6 · answered by Ravi Nanjunda Rao 3 · 0⤊ 0⤋
Yes
2007-01-03 03:31:59 · answer #7 · answered by Meeto 7 · 0⤊ 0⤋
YES, it is and very widely used as well. Is this all you wanted to know? If you have any other query post it in detail...
2007-01-03 02:49:18 · answer #8 · answered by girishjjain 2 · 0⤊ 0⤋