Mitsubishi UFJ modernises online banking service with Oracle

Japanโ€™s banking conglomerate Mitsubishi UFJ (MUFG) Bank has taken a hybrid cloud approach to modernising the infrastructure of its online banking service, Mitsubishi UFJ Direct.

Mitsubishi UFJ Direct serves more than 10 million users and is a key component to the bankโ€™s long-term growth strategy. As part of its modernisation push, the bank sought to scale resources to handle up to five times its current transaction volume.

It also uses a microservices-based architecture to support the rapid development of services to improve the customer experience.

โ€œMitsubishi UFJ Bank is committed to providing a more seamless and efficient customer experience by strengthening its digital infrastructure,โ€ said MUFG Bank Managing Director Yukie Rikitake.

To support the upgrade, the bank selected Oracleโ€™s Exadata Database Machine to power the upgraded version of Mitsubishi UFJ Direct. Mitsubishi UFJ Information Technology oversaw the development of the new system.

โ€œBy adopting Oracle Exadata, we have built a high-performance system capable of meeting the growing demands for data processing and doubling user traffic,โ€ said Rikitake. ย 

โ€œFurthermore, we continue to evaluate ways to leverage Oracle Cloud Infrastructure services to support the growth of our digital strategy.โ€

Oracle’s view on Mitsubishi UFJ upgrade

According to Oracle, the implementation delivered a five-fold increase in processing power and stable operations across the online banking service.

โ€œOracleโ€™s hybrid cloud capabilities have helped Mitsubishi UFJ Bank achieve success with its implementation while optimising costs,โ€ said Oracle Senior VP of Exadata and Scale-Out Technologies Kothanda Umamageswaran.

โ€œMitsubishi UFJ Bank was able to perform a major upgrade to its on-premises platform with Exadata Database Machine, while the compatibility provided by OCI helped ensure that resources for testing upgrades could be accessed as needed, with consumption-based pricing.โ€

Oracle highlighted how Mitsubishi UFJ Bank is now actively evaluating OCI for broader use, including the adoption of Oracle Exadata Cloud@Customer in systems with high-security requirements.

In addition, the new on-premises Exadata platform uses Oracle Real Application Clusters (RAC) and Oracle Data Guard for scalability and availability. This move supports disaster recovery at a remote site and automatic database synchronisation.

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Aimee Chanthadavong
Aimee Chanthadavong

Aimee Chanthadavong has been a journalist, editor and content producer for more than a decade. During that time she's covered enterprise technology for premium websites such as ZDNet and InnovationAus as well as food and travel for Broadsheet and SBS.