Case Study

RatePAY

High-performance analytics that ensures the secure transfer of funds in online transactions

RatePAY makes paying across the internet simple and safe. The expert in electronic payments has been focused on using the solution from Exasol to push information from various sources to target systems, such as shop systems and credit control applications and to generate reports and insights.

Download success story

Response times from analytic queries that are run in Exasol are substantially shorter than in other systems. This all bodes well for our online merchants.

Niels Conzen, COO, RatePAY GmbH
Industry
Banks - Online payments
Application
 Fraud detection
Financial reporting
Scoring
Database
Exasol
Microsoft MSSQL
Oracle DB
BI Tool
Own application
ETL Tool
LUA Scripts

The Challenge

  • Needed to consolidate data from various sources that were not connected
  • Wanted to process individual data records in real time
  • Analyze data records as a result of real-time processing

The Solution

  • Low-maintenance database
  • No need to tune the database
  • Analytic database that could scale flexibly in line with the demands of the business

Proven Benefits

  • By integrating various payment solutions, RatePAY optimizes the entire checkout process for online shops
  • Used as a central data warehouse, information on business processes continues to be saved and recorded in detail
  • Response times from analytic queries that are run in Exasol are substantially shorter than in other systems. RatePAY’s online traders benefit accordingly
  • Support for analyses right down to the individual transaction level