Oracle recently completed a benchmark test of Oracle Insurance Policy Administration for Life and Annuity Version 9.3 running on Oracle Exadata Database Machine X2-2 and Sun SPARC Enterprise M9000 application servers. The benchmark included 100 million policies and more than 2,000 concurrent users.
According to Oracle, the high performance demonstrated in the benchmark test shows that the technology combination can enable insurers, even the largest Tier One carriers, to achieve the scalability, system availability and performance needed to meet increasingly rigorous requirements for better customer service and reduced risk. The benchmark performance test, conducted in partnership with a customer, is the largest known benchmark of its kind in the insurance industry. It included a data set containing 5 years of financial history, totaling nearly 30 terabytes of data.
The test used a representative sample of a full nightly batch cycle for a large-scale system supporting 100 million active policies (split evenly between term life and variable annuities). Running on Oracle Exadata Database Machine X2-2 and Sun SPARC Enterprise M9000 server, Oracle Insurance Policy Administration for Life and Annuity executed the batch cycle in less than two and a half hours.
Additionally, the system processed a complex workload with more than 2,000 concurrent users, with average response times well below one second. More information is available about Oracle Exadata Database Machine X2-2.