“In the past, we’d see performance levels in terms of response time of around 10-15ms on our old SAN system. With the Lenovo ThinkSystem DE6000F arrays, we are now seeing performance levels usually less than 10ms, which means our customer-facing banking applications are running up to 1.5 times faster. Ultimately, this helps to ensure a responsive, high-quality experience for customers.”
At-a-Glance
- Customer: Libra Internet Bank
- Industry: Finance
- Product Family: Storage
- Region: Europe
Using Lenovo data center solutions to underpin banking services
Libra Internet Bank, a member of the American investment group New Century Holdings since 2003, is one of the most innovative and dynamic banks in Romania. It offers a wide range of banking services, available in-branch, online, and on mobile. With a network of 55 branches, the bank specializes in areas such as professionals, real estate developers, agribusiness, and the small and medium-sized enterprise (SME) segment, and pays special attention to modern technology and fintech partnerships.
While successfully tapping into rising demand for digital banking services, Libra Internet Bank is growing fast. Thus, the bank expanded its market share more than 7 times between 2011 and 2019 and recorded a net profit equivalent to more than $27 million in 2019.
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