PLATFORMS: Charles Schwab stores 100 gigabytes of relational sales data on an Oracle7.3 database running on a mainframe system. A Seagate Holos application runs on a Sun Enterprise 5000 server, extracts Oracle relational data from a data warehouse, converts it to multidimensional OLAP cubes and then loads Seagate Holos clients with the data.
BACKGROUND: Headquartered in San Francisco, California, and employing over 12,000 people, Charles Schwab is one of the world's largest discount brokerage firms. It is also the largest provider of services to investment managers. Schwab Institutional, a technology-driven division of Charles Schwab, employs over 1,000 people and manages nearly a third of the entire firm's assets, worth $106 billion. Its clients include over 7,000 investment managers who represent 547,000 investor accounts also housed at Charles Schwab.
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