Case Study: a global financial analytics company accelerates fraud processing 10X with GridGain

Financial Analytics Company accelerates fraud processing 10x with GridGain

A financial analytics company faced the challenge of meeting the strict enterprise SLAs of its largest client, a top 20 global bank. Their open-source Apache Ignite deployment caused unacceptable latency spikes during backups and lacked mandated features like stable snapshot backups, data center replication, and built-in security. To resolve this, they turned to GridGain and its Ultimate Edition product.

By upgrading to GridGain Ultimate Edition, the company achieved a 10x reduction in latency, with mean response times of 20ms and P99.9 latencies consistently under 40ms. The solution eliminated 120ms latency spikes and guaranteed a minimum throughput of 25,000 TPS for real-time machine learning. GridGain enabled the company to onboard its critical client successfully and now supports six large banks, saving them millions in fines and lost income.