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HP Powers PULSE to Expand Transaction Processing CapacityLeading Debit Network Chooses HP Converged Infrastructure to Enhance Business Agility (July 10, 2012)
PALO ALTO, CA -- (Marketwire) -- 07/10/12 -- HP (NYSE: HPQ) today announced that PULSE, a Discover Financial Services company, has selected an HP Converged Infrastructure to meet growing consumer debit card use while delivering efficient transaction processing services to clients.
As one of the fastest-growing debit/ATM networks in the United States, PULSE processes millions of transactions daily for thousands of financial institutions across the country.
PULSE worked with HP Technology Services to evaluate its business needs and develop a technology strategy that delivered a scalable infrastructure capable of supporting nearly five times more transaction processing than its previous platform.(1) In addition to maintaining the highest levels of performance, the company leveraged HP NonStop technology to eliminate unplanned downtime, enhancing client satisfaction, while reducing processing costs.
After a thorough review of available solutions, PULSE selected an HP Converged Infrastructure consisting of three mission-critical HP Integrity NonStop NB50000c BladeSystem infrastructure platforms. The solution offers a combination of servers, networking and storage that easily scales and eliminates unplanned downtime. Each PULSE data center location includes dedicated systems for production transaction processing, certification, and development and benchmarking.
The HP NB50000c BladeSystem ensures continuous availability while using only half the footprint of PULSE's previous platform. HP's multicore processing capabilities provide increased flexibility at 25 percent of the previous processing cost. Additionally, the average transaction processing time was reduced by 75 percent, and the total cost of ownership was lowered by approximately one-third.(1)
"For PULSE to leverage new opportunities and meet changing industry demands, we needed to scale out our transaction processing platform while maintaining high availability and performance," said Tony Zeis, senior vice president, Technology, PULSE. "As an HP client for more than 17 years, we knew that the HP Converged Infrastructure would fit our needs perfectly, while reducing our transaction processing time and costs."
"Financial institutions, like ours, depend on their networks to deliver uninterrupted 24/7 service," said Nick Anderson, senior vice president, Trustmark Bank, a participating PULSE issuer in Jackson, Miss. "PULSE's migration to the new HP NonStop architecture strengthens their ability to provide reliable services and 100 percent uptime -- this helps us sleep better at night."
PULSE relies on ongoing support from the HP Technology Services Consulting group, HP Account Support Management (ASM) and HP Mission Critical Services to maintain peak infrastructure performance. Since the migration, services from HP have enabled PULSE to maintain 100 percent availability with ongoing system support from dedicated account representatives, leveraging a customized services plan that evolves as needed.
PULSE expands plans for mission-critical HP Converged Infrastructure
PULSE selected the mission-critical HP Converged Infrastructure, including HP NonStop systems to support its DebitProtect® fraud detection system.
PULSE is deploying ReD's real-time transaction monitoring and risk management software solution, ReD PRISM®, implemented on HP Integrity NonStop BladeSystem NB54000c and HP Integrity NonStop NS2200 servers for the DebitProtect application. The combined solution will deliver the scalability and performance necessary to protect financial institutions' cardholder transactions at the ATM and point of sale from the threat of fraud.
HP's premier Europe, Middle East and Africa client event, HP Discover, takes place Dec. 4-6 in Frankfurt, Germany.
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.
(1) Based on internal client results.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; expectations and assumptions relating to the execution and timing of cost reduction programs and restructuring and integration plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2012 and HP's other filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2011. HP assumes no obligation and does not intend to update these forward-looking statements.
© 2012 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
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