Akbank improves credit scoring efficiency and data security with Oracle Exadata
The commercial banking leader migrates its credit scoring application from Couchbase to Oracle Exadata to reduce licensing and operational costs.
Türkiye | Commercial Banking
“Moving our credit scoring application to Oracle Exadata increased efficiency and our ability to comply with data security regulations. This has simplified our data management to help us make more informed pricing and other related operational decisions that positively impact our profitability.”
Akbank is one of Turkey’s largest and most financially successful private banks, serving nearly 15 million customers. To achieve its profitability and growth goals, the bank requires real-time credit scoring insights drawn from an analysis of customer ledgers, financial records, and transactions to guide daily pricing decisions, resulting in compute-intensive queries. Akbank migrated from Couchbase’s NoSQL document-oriented database to its existing Oracle Exadata platform, which is optimized for both OLTP and analytic workloads. During the three-month transition, Oracle Database API for MongoDB helped ensure seamless data migration and connectivity to source applications with no code changes. By leveraging the company’s unlimited license agreement for Oracle Database, the bank eliminated 100% of its Couchbase licensing costs and simplified data administration.