NoSQL for Financial Services

Modernize your architecture and drive innovative cloud solutions

Old technology is slowing down your financial institution. Monolithic legacy databases with expensive maintenance and punitive licensing won’t let you innovate for tomorrow or keep up with the consumers of today. You should be leveraging what digitally native challenger banks have already discovered: a NoSQL cloud database. With Couchbase database technology, you can modernize your financial institution and deliver real-time risk management, enterprise-wide analytics, digital banking, and automated government regulatory compliance.

FICO powers sub-millisecond response times on the world’s leading fraud detection platform with Couchbase.


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Wells Fargo, the world's second-largest bank, monitors 50M+ transactions per day for fraud in real time with Couchbase.


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Consumer credit reporting agency Equifax aggregates consumer data for more than 91M businesses worldwide, achieving 5 millisecond response times with Couchbase.
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Why Couchbase for financial services

Multi-Dimensional Scaling

Couchbase’s network-centric architecture with a high-performance replication backbone allows the database to be easily extended while maintaining performance at scale. Unlike relational databases like Oracle and MySQL, Couchbase supports ever-increasing workloads and spikes in throughput demands. Couchbase scales (in, out, up, or down) easily and without disruption to meet these demands. Unlike MongoDB™, Couchbase won’t run out of steam when you need it most.

 

Learn more about Couchbase’s Multi-Dimensional Scaling which gives you the option to separate, isolate, and scale individual database services.

Real-Time Analytics

Couchbase Analytics reduces the time to insight on operational data and simplifies operations for analytical data pipelines. Run ad hoc queries on financial data for real-time results on applications like fraud detection, trade analytics, and more, and apply real-time analytics to surface risk issues as they occur.


Blog: Utilizing Multiple Disks to Speed Up Couchbase Analytics Queries

Documentation: Deploying the Analytics Service

Sub-Millisecond Responsiveness

While other NoSQL databases require a third-party cache – adding to both cost and complexity – Couchbase has a fully integrated read-through and write-through caching layer. Couchbase’s memory- and network-centric architecture consistently delivers the sub-millisecond responsiveness that today’s users expect.
 

Benchmark report: See how Couchbase outperforms on enterprise workloads

Cross Datacenter Replication

Couchbase provides five-nines availability with built-in high availability and flexible cross datacenter replication (XDCR) capabilities that supports disaster recovery and data locality requirements. With Couchbase, you have full control over the topology – unidirectional, bidirectional, or any configuration you need. Yapstone, a global payments platform, chose Couchbase for its active-active global deployment.


Blog: Couchbase high availability and disaster recovery: Setting up XDCR step by step

Documentation: Couchbase availability

Powerful Query Language

Couchbase drives the flexibility and increased operational efficiency you need to not only get your financial services applications deployed quickly, but to keep up with the constantly changing data (risk assessment, market data, and more) in those applications. Couchbase’s powerful query language allows developers to easily query JSON data using familiar, SQL-like expressions. Tightly integrated full-text search, real-time analytics, and powerful eventing services make it easy to add new features to your application on the fly without moving data into and managing dozens of database technologies, finally putting an end to database sprawl.


Learn more about N1QL, our SQL for JSON query language

Take the N1QL tutorial

Blog: Eventing Service Improvements in Couchbase Server 6.5

Mobile to Edge

Couchbase is the only NoSQL database that supports in-person payments, online banking portals, or mobile e-payments. Couchbase Mobile extends Couchbase Server to the edge with an embedded NoSQL database (Couchbase Lite) and a web gateway (Sync Gateway), enabling apps to work offline regardless of network availability, and powering use cases at the edge such as real-time fraud detection, personalization, and more.


Build a sample app with Couchbase Mobile

Tutorial: Getting started with data synchronization using Couchbase Mobile for offline-first apps

Financial services solutions with Couchbase

Fraud detection and scoring

Fraud detection and scoring

Manage the growing number of accounts, cards, and customers to provide fraud detection services in real time. FICO uses Couchbase to store hundreds of millions of card and account profiles with updates based on real-time consumer activity to provide fraud detection and scoring.

 

Mobile wallet

Mobile wallet

Some of the world’s largest credit card providers are using Couchbase to manage the provisioning and mapping of their account holders to their mobile wallet applications. They leverage Couchbase to track and enable the use of Apple, Android, and Samsung pay tokens.

E-payments

E-payments

Get swift access and manage user information at massive scale to power e-payment platforms. PayPal uses Couchbase to manage over 1 billion documents and 10 terabytes of data and can now process millions of updates every minute with our best-in-class analytics technology.

Market data 360

Market data 360

Some of the world’s largest investment banks use Couchbase to aggregate data from multiple sources, both inside and out, and easily provide additional operational services once the data is in a single location.

Trade blotter

Trade blotter

Help your traders access current and historical market prices by improving your trade blotters. With Couchbase, you can build a web-based trade and analytics portal because we can easily handle large quantities of data per user while still giving you high availability and low latency.

Financial Services reference architecture



Financial Services solutions

Customer 360

Customer 360

Capture omnichannel engagements to create a single view and provide real-time, personalized financial data, updates, and offers at every touchpoint.

Catalog & inventory management

Catalog & inventory management

Deliver catalog and inventory data at scale to keep up with changing pricing portfolios, trade analytics, and more.

Field service

Field service

Give employees the ability to provide or collect data at the source, whether it’s a customer visit or on the trading floor.

IoT data management

IoT data management

Leverage IoT devices to deliver personalized offers to users in real time, collect financial data, and more.