ISTANBUL – April 19, 2024 – Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, today announced that AGRA Fintech, a provider of technology-oriented financial solutions, is leveraging Couchbase to optimize data management and power modern applications.
“We decided to adopt Couchbase in all development and test environments. Subsequently, we were able to accelerate our development and testing environments by approximately 50%,” said Engin Arif Yılmaztürk, technology unit manager at AGRA Fintech. “As a result of our evaluations in performance, useability and other factors, we realized that Couchbase is ahead of other solutions. The power of a NoSQL platform with the ease of use with SQL++ query language support made Couchbase the preferred solution for our data model.”
Operating in financial technology (fintech) and regulatory technology (regtech), AGRA Fintech offers a wide range of services, including e-ledger, trial balance, declaration, e-invoice and e-waybill applications. The data processed by AGRA Fintech, especially e-ledger and ERP data, results in massive workloads for the company. The company’s data processing load analyzes a large volume of financial data spanning at least three years. These challenges drove AGRA Fintech to look for a solution that simplifies data processing and analysis, and can integrate with a broad technology ecosystem.
With the flexibility, high performance and massive scalability of Couchbase’s database platform, developers are able to speed up time to market. In addition, Couchbase’s flexibility allows AGRA Fintech to develop solutions for a variety of applications and gives developers more freedom to innovate. Since deploying Couchbase, AGRA Fintech has significantly improved its data management while saving cost, time and resources. This enables the company to continue strengthening its leading position in the industry.
To meet the unique requirements of customers’ diverse datasets, AGRA Fintech develops platform-independent products that can serve many organizations. AGRA Fintech can run its applications on legacy servers, deploy containers in any cloud and integrate with Couchbase and various databases.
“Couchbase’s in-memory and distributed architecture consistently delivers the sub-millisecond responsiveness that customers demand,” said Lior Tagor, vice president and general manager of Israel, Turkey, Middle East and Africa at Couchbase. “Couchbase also drives the flexibility and increased operational efficiency customers need to keep up with constantly changing data. This means lower costs and faster time to market. That’s why AGRA Fintech and other financial services companies choose Couchbase’s flexible database platform to power applications from cloud to edge.”
To learn more about why financial services companies choose Couchbase to power their applications, please visit this page.
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