How Database Systems Performance Bottleneck can impact a very successful FinTech. company?
Database systems performance is crucial for FinTech companies as it directly impacts the speed and reliability of financial transactions. Slow or unreliable databases can cause delays in processing transactions and result in lost revenue or customer dissatisfaction. High-performance databases can ensure fast and accurate processing of financial transactions, leading to improved customer experience and increased revenue. Additionally, high-performance databases can also help to prevent fraud and ensure compliance with regulatory requirements. Therefore, it is essential for FinTech companies to have a robust and high-performing database infrastructure in place to support their business operations.
What are the major high volume transaction processing database applications used in a bank?
How slow database systems performance affect customer satisfaction and increase churns?
Slow database systems performance can have a significant impact on customer satisfaction and increase churns. When a customer experiences slow performance or delays while interacting with a database-driven application, they may become frustrated and lose trust in the application or service. This can lead to decreased engagement, longer wait times, and a higher likelihood of customers leaving for a competitor’s service. Additionally, if a slow database system causes delays or errors in processing financial transactions, it can lead to customer dissatisfaction and loss of business. Therefore, ensuring high performance and reliability of database systems is crucial for maintaining customer satisfaction and reducing churns.
What are the major bottlenecks in Database Systems Performance?
There are several major bottlenecks that can negatively impact the performance of a database system, these include:
10. Scalability: As the data and workloads grow, the database system may not be able to scale and handle the increased load, which can lead to slow query performance and reduced overall system performance.
It’s important to monitor and troubleshoot these bottlenecks regularly to ensure your database system is performing optimally.
Golden rules for designing database systems architecture for performance
How to build High-Performance Database Systems Architecture for Internet Scale?
Overall, building a high-performance database systems architecture requires a comprehensive understanding of the underlying technology, as well as the ability to implement best practices and use the right tools and techniques.
☛ Database SRE Services from MinervaDB
DBAs have been managing Database Systems infrastructure for several years now addressing performance, scalability, high availability and Database SRE. But, the database volume has grown quite aggressively in last 20 years increasing the operational complexity. When the volume of data increased and adding more database instances to manage in physical, virtual and containers, the obvious solution is to use code to manage database instances (and the tools that runs on them). Technically Database SRE is about an implementation of DBA DevOps infrastructure. Database SRE essentially involves creating a bridge between development and DBA operations. In MinervaDB, We build custom Database SRE infrastructure for our customers. For instance, a large organization’s implementation of SRE is not the same as that of a startup especially in terms of affording a team for this role. Our Database Infrastructure Operations site reliability engineers are committed to the early discovery of problems to reduce the cost of database infrastructure outage.
☛ Database Infrastructure Site Reliability Engineering Services (SRE) from MinervaDB
- Custom installation and configuration of our customer database technologies stack addressing performance, scalability and high availability.
- Performance Benchmarking to proactively measure latency and throughput to troubleshoot database system performance bottleneck proactively.
- Capacity planning and sizing – Building database systems for performance and reliability.
- Performance audit, diagnostics, forensics and health-check – Proactive performance troubleshooting.
- Building self-healing and fault-tolerant database infrastructure operations for high availability and reliability.
- Database Infrastructure backup and data recovery services .
- Secured Data Ops. services – Data privacy / encryption, policy based user logins, deploying custom data access firewalls and transaction audit .
- Database technologies stack seamless upgrades and migration .
Cloud DBA Services by MinervaDB
☛ Why Database Systems as a Service (DBaaS) is technically and strategically so compelling for building Database Infrastructure for Performance and Scalability?
Cost-efficient and scalable
Database Infrastructure Maintenance Operations Routine Tasks will be automated:
Setup and configuration
Fully autonomous performance tuning/optimisation
Backup and DR
Capacity Planning and Sizing
Scale-out / Sharding / Clustering Solution
Upgrades / Patching
☛ How MinervaDB can help you with Cloud DBA Services for building optimal, scalable and cost-efficient Database Systems as a Service (DBaaS) on AWS(Amazon Cloud), GCP(Google Cloud)and Microsoft Azure
Database Architecture (Logical and Physical Schema) Design and Engineering Services
Optimal SQL Engineering Services
SQL Tuning Services
Database Application Design/Engineering Performance Audit and Recommendations
Architecting and Engineering Secured Database Infrastructure:
GDPR: General Data Protection Directive
PCI DSS: Payment Card Industry Data Security Standard
HIPAA: Health Insurance Portability and Accountability Act
HITECH: Health Information Technology for Economic and Clinical Health Act
Data Protection Act: United Kingdom
SOX: Sarbanes Oxley
FERPA: Family Educational Rights and Privacy Act
And many more
☛ MinervaDB Benefits
- Vendor neutral and independent, Enterprise-class consulting, 24*7 support and remote DBA services for MySQL, MariaDB, MyRocks, PostgreSQL and ClickHouse.
- Virtual corporation with an global team of seasoned professionals – We have consultants operating from multiple locations worldwide, All of us work from home and stay connected via email, Google Hangouts, Skype, private IRC, WhatsApp, Telegram and phone. Being an virtual corporation we can hire the best talent from anywhere in the world, This makes an truly 24*7 operational team.
- Competitive pricing – We are an virtual corporation so we don’t charge the customers for our infrastructure cost, What you pay us goes purely for our unmatched technology team.
- We operate 24*7 – Our team operates from multiple locations worldwide so we are available 24*7.
- Cloud DBA Services – IaaS and DBaaS including: Oracle Cloud, Google CloudSQL, Amazon Aurora, AWS RDS®, EC2®, Microsoft Azure® and Rackspace® Cloud.
- Pay As You Go billing model – You pay us only for the hours worked, We don’t ask for advances ever !! We are committed to delivering cost efficient consulting, support and services for our customers globally.
- Transparent ticketing system – We share with you the detailed work report of what we have done for your database infrastructure, This also includes how you will get benefitted with change we have done. We love absolutes transparency and detailed documentation.
- Emergency support available for you even when you are not our customer, Emergency support channels – Email, Slack, Google Hangouts, Skype and Phone.
- Pay per incident option available – You need our support in just fixing a single incident ? No problem, We have that option available.
☛ Technology focus – Vendor-neutral and independent
|Technology Focus||Tools and Technologies|
|Linux||Ubuntu, Debian, CentOS, Red Hat Linux, Oracle Linux and SUSE Linux.|
|MySQL||MySQL GA, MySQL Enterprise, InnoDB, MySQL Enterprise Backup, MySQL Cluster CGE, MySQL Enterprise Monitor, MySQL Utilities, MySQL Enterprise Audit, MySQL Enterprise Firewall and MySQL Router.|
|Percona||Percona Server for MySQL, XtraDB, TokuDB, RocksDB, Percona Toolkit, Percona XtraBackup and PMM(Percona Monitoring & Management).|
|MariaDB||MariaDB Server, RocksDB, MariaDB Galera Cluster, MariaDB Backup, MariaDB MaxScale and MariaDB ColumnStore.|
|PostgreSQL||PostgreSQL Performance Benchmarking, Capacity Planning / Sizing, PostgreSQL Performance Optimization, PostgreSQL High Availability / Database Reliability Engineering, PostgreSQL Upgrades / Migration and PostgreSQL Security|
|Cloud DBA Services||IaaS and DBaaS including: Oracle Cloud, Google CloudSQL, Amazon Aurora, AWS RDS®, EC2®, Microsoft Azure® and Rackspace® Cloud|
|Performance Monitoring and Trending Platforms||MySQL Enterprise Monitor, Icinga, Zabbix, Prometheus and Grafana.|
|High Availability, Scale-Out, Replication and Load Balancer||MySQL Group Replication, MySQL Cluster CGE, InnoDB Cluster, Galera Cluster, Percona XtraDB Cluster, MariaDB MaxScale, Continuent Tungsten Replicator, MHA (Master High Availability Manager and tools for MySQL), HAProxy, ProxySQL, MySQL Router and Vitess.|
|Columnar Database Systems||ClickHouse, MariaDB ColumnStore|
|DevOps. and Automation||Vagrant, Docker, Kubernetes, Jenkins, Ganglia, Chef, Puppet, Ansible, Consul, JIRA, Graylog and Grafana.|