Case Study: Kuveyt Turk achieves 2x customer growth and doubles trading volumes with TIBCO Software's StreamBase

KuveytTürk Bank Streams to Double Customers and Increase Profit

KuveytTurk, a major participation bank in Turkey, faced the rapid shift to electronic investment banking and needed to grow trading volumes, customers and profits while overcoming limited IT resources and staff expertise. The bank’s goals were to integrate disparate platforms, move to algorithmic trading, and find a user‑friendly solution that would handle increasing data, pricing and speed requirements.

After evaluating vendors, KuveytTurk implemented TIBCO StreamBase streaming analytics to unify data from up to 25 institutions into a real‑time big‑data stream. The platform enabled algorithmic trading and the launch of a Gold Exchange market, doubled both customers and daily trading volumes (from ~250M to 500–600M), moved the bank into the top tier of Turkish traders, and lowered costs while improving efficiency and staff capabilities.

Kuveyt Turk

Abdulkerim Ozcan

Senior Trader