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What is Fusion Phoenix?

Numerous core banking systems in operation today trace their origins back to the 1970s, which poses considerable difficulties for integration with modern technologies. Additionally, newer core vendors are still working to prove their worth in terms of both variety and reliability. Meanwhile, consumers are showing a heightened interest in products and services that can respond to their changing needs. Fusion Phoenix emerges as a leading core solution; it is a modern system entirely built on Microsoft technology. This aspect is vital as it guarantees that Fusion Phoenix can effortlessly integrate with new technologies, thanks to its pioneering open API architecture. Such adaptability empowers financial institutions to quickly capitalize on new trends and embrace opportunities with improved efficiency. Tailored specifically for community banks and credit unions, Fusion Phoenix is designed for organizations that are preparing not just for the present, but also for the future. By adopting Fusion Phoenix, these institutions can maintain their competitiveness in a constantly evolving market while nurturing growth. Furthermore, this solution positions them to meet the demands of a digital-first world, ensuring they remain relevant in the financial landscape.

What is Apache Phoenix?

Apache Phoenix effectively merges online transaction processing (OLTP) with operational analytics in the Hadoop ecosystem, making it suitable for applications that require low-latency responses by blending the advantages of both domains. It utilizes standard SQL and JDBC APIs while providing full ACID transaction support, as well as the flexibility of schema-on-read common in NoSQL systems through its use of HBase for storage. Furthermore, Apache Phoenix integrates effortlessly with various components of the Hadoop ecosystem, including Spark, Hive, Pig, Flume, and MapReduce, thereby establishing itself as a robust data platform for both OLTP and operational analytics through the use of widely accepted industry-standard APIs. The framework translates SQL queries into a series of HBase scans, efficiently managing these operations to produce traditional JDBC result sets. By making direct use of the HBase API and implementing coprocessors along with specific filters, Apache Phoenix delivers exceptional performance, often providing results in mere milliseconds for smaller queries and within seconds for extensive datasets that contain millions of rows. This outstanding capability positions it as an optimal solution for applications that necessitate swift data retrieval and thorough analysis, further enhancing its appeal in the field of big data processing. Its ability to handle complex queries with efficiency only adds to its reputation as a top choice for developers seeking to harness the power of Hadoop for both transactional and analytical workloads.

Media

Media

Integrations Supported

Amazon EMR
Apache Flume
Apache HBase
Apache Hive
Apache Spark
Banker's Dashboard
Data Sentinel
Hadoop
IQService
Kinective Bridge
LawTrac
Microsoft Azure
NoSQL
Python
SQL
Salesforce Data 360
SkyStem ART
Trino

Integrations Supported

Amazon EMR
Apache Flume
Apache HBase
Apache Hive
Apache Spark
Banker's Dashboard
Data Sentinel
Hadoop
IQService
Kinective Bridge
LawTrac
Microsoft Azure
NoSQL
Python
SQL
Salesforce Data 360
SkyStem ART
Trino

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Finastra

Date Founded

2017

Company Location

United Kingdom

Company Website

www.finastra.com/solutions/fusion-phoenix

Company Facts

Organization Name

Apache Software Foundation

Company Website

phoenix.apache.org

Categories and Features

Banking

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

Categories and Features

Relational Database

ACID Compliance
Data Failure Recovery
Multi-Platform
Referential Integrity
SQL DDL Support
SQL DML Support
System Catalog
Unicode Support

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