---
title: Avanza Case Study
description: Avanza Delivers Digital Banking Services with Millisecond Response Response; Growing Customer Base by 5X
image: https://go.gigaspaces.com/hubfs/iStock-876388422.jpg
---

[![](https://go.gigaspaces.com/hubfs/logo-header-2-2.svg)](https://www.gigaspaces.com/)

- Products![](https://go.gigaspaces.com/hubfs/Path-16484.svg)
  
    - Our Products 
          - [eRAG](https://www.gigaspaces.com/products/erag)
          - [GenAI Catalyst](https://www.gigaspaces.com/products/genai-catalyst)
          - [Instant Data](https://www.gigaspaces.com/products/instant-data)
          - [Respond Proactively](https://www.gigaspaces.com/products/proactive-ai)
          - [Act Autonomously](https://www.gigaspaces.com/products/data-autonomy)
          - [Smart DIH](https://www.gigaspaces.com/products/smart-digital-integration-hub)
          - [XAP](https://www.gigaspaces.com/products/xap-imdg)
    - Solutions for 
          - [Pharma](https://www.gigaspaces.com/products/erag/pharma)
          - [Procurement](https://www.gigaspaces.com/products/erag/procurement)
    - [![vid-icon](https://go.gigaspaces.com/hs-fs/hubfs/Company-menu-thumb-1.jpg?width=235&height=158&name=Company-menu-thumb-1.jpg) Monkey See, AI Do - All about CUA](https://go.gigaspaces.com/data-integration-handbook)[Watch Webinar ![icon](https://go.gigaspaces.com/hubfs/Group-30743.svg)](https://go.gigaspaces.com/webinarod/ecurely-unlocking-structured-data-for-enterprise-ai-0)
- Solutions![](https://go.gigaspaces.com/hubfs/Path-16484.svg)
  
    - Business Solutions 
          - [Digital Innovation Over Legacy Systems](https://www.gigaspaces.com/use-cases/digital-innovation-acceleration)
          - [Inteegration Data Hub](https://www.gigaspaces.com/technology/integration-data-hub)
          - [API Scaling](https://www.gigaspaces.com/use-cases/application-acceleration)
          - [Hybrid / Multicloud Integration](https://www.gigaspaces.com/use-cases/hybrid-or-multi-cloud-integration)
          - [Customer 360](https://www.gigaspaces.com/use-cases/customer-360)
      Industry Solutions 
          - [Retail](https://www.gigaspaces.com/retail-and-ecommerce-2)
          - [Financial Services](https://www.gigaspaces.com/financial-services)
          - [Insurance Companies](https://www.gigaspaces.com/industry-solutions/insurance)
    - [![vid-icon](https://go.gigaspaces.com/hs-fs/hubfs/solutons.png?width=235&height=158&name=solutons.png) Massimo Pezzini, Gartner Analyst Emeritus 5 Top Use Cases For Driving Business With Data Hub Architecture](https://go.gigaspaces.com/5-top-use-cases-for-driving-business-with-data-hub-architecture)[Watch the Webinar ![icon](https://go.gigaspaces.com/hubfs/Group-30743.svg)](https://go.gigaspaces.com/5-top-use-cases-for-driving-business-with-data-hub-architecture)
- How It Works![](https://go.gigaspaces.com/hubfs/Path-16484.svg)
  
    - eRAG Technology Overview 
          - [AI-Ready, IT-Friendly](https://www.gigaspaces.com/products/ai-ready)
          - [Semantic Resoning](https://www.gigaspaces.com/how-it-works/semantic-reasoning)
          - [Questions to SQL Queries](https://www.gigaspaces.com/how-it-works/questions-into-sql-queries)
          - [Asked & Answered in Natural Language](https://www.gigaspaces.com/how-it-works/asked-answered-natural-language)
          - [Multiple Data Sources](https://www.gigaspaces.com/how-it-works/multiple-data-sources)
          - [Proactive AI Governance](https://www.gigaspaces.com/how-it-works/proactive-ai-governance)
    - [![vid-icon](https://go.gigaspaces.com/hs-fs/hubfs/How-it-works-menu.jpg?width=235&height=158&name=How-it-works-menu.jpg) Ensure GenAI compliance and governance](https://go.gigaspaces.com/effective-ai-governance-wp)[Read the Whitepaper ![icon](https://go.gigaspaces.com/hubfs/Group-30743.svg)](https://go.gigaspaces.com/effective-ai-governance-wp)
- Success Stories![](https://go.gigaspaces.com/hubfs/Path-16484.svg)
  
    - By Use Case 
          - [Procurement](https://www.gigaspaces.com/use-cases/procurement-supply-chain)
          - [Operations](https://www.gigaspaces.com/use-cases/enhancing-pharmaceutical-operations)
          - [Budget Management](https://www.gigaspaces.com/use-cases/educational-organizations-budget-resources)
          - [Sales Operations](https://www.gigaspaces.com/use-cases/retail-boost-sales)
          - [Service Providers](https://www.gigaspaces.com/use-cases/contract-control-cost-savings)
          - [Utilities Management](https://www.gigaspaces.com/use-cases/cut-sla-penalties)
          - [Restaurant Management](https://www.gigaspaces.com/use-cases/power-smarter-restaurant-growth-erag)
    - By Industry 
          - [Logistics](https://www.gigaspaces.com/case-studies/optimizing-supply-chain-with-ai-powered-insights)
          - [Pharma](https://www.gigaspaces.com/case-studies/transforming-patient-outcomes)
          - [Education](https://www.gigaspaces.com/case-studies/achieving-educational-budget-control)
          - [Retail](https://www.gigaspaces.com/case-studies/retail-intelligence-with-erag)
          - [Shipping](https://www.gigaspaces.com/case-studies/redefining-global-logistics)
          - [Energy](https://www.gigaspaces.com/case-studies/boosting-operations-reducing-penalties)
          - [Hospitality](https://www.gigaspaces.com/case-studies/restaurant-increase-profit-erag)
    - [![vid-icon](https://go.gigaspaces.com/hs-fs/hubfs/products.png?width=235&height=158&name=products.png) Integrate data sources into a unified data layer](https://go.gigaspaces.com/data-integration-handbook)[Read the Guide ![icon](https://go.gigaspaces.com/hubfs/Group-30743.svg)](https://go.gigaspaces.com/data-integration-handbook)
- Resources![](https://go.gigaspaces.com/hubfs/Path-16484.svg)
  
    - Content Hub 
          - [Webinars](https://www.gigaspaces.com/resources/webinars)
          - [Videos](https://www.gigaspaces.com/resources/videos?data-category=all)
          - [White Papers & Brochures](https://www.gigaspaces.com/resources/brochures)
          - [Customer Case Studies](https://www.gigaspaces.com/resources/case-studies)
          - [Events](https://www.gigaspaces.com/resources/events)
          - [Analyst Reports](https://www.gigaspaces.com/resources/analyst-reports)
          - [Glossary](https://www.gigaspaces.com/data-terms)
          - [Blog](https://www.gigaspaces.com/blog)
          - [FAQs](https://www.gigaspaces.com/products/erag/faq)
          - [Technical Documentation](https://docs.gigaspaces.com/latest/landing.html)
    - [![vid-icon](https://go.gigaspaces.com/hs-fs/hubfs/Resources-menu-thumb.jpg?width=235&height=158&name=Resources-menu-thumb.jpg) Taking the AI leap from RAG to TAG](https://www.gigaspaces.com/blog/from-rag-to-tag)[Read the Blog ![icon](https://go.gigaspaces.com/hubfs/Group-30743.svg)](https://www.gigaspaces.com/blog/from-rag-to-tag)
- Company![](https://go.gigaspaces.com/hubfs/Path-16484.svg)
  
    - Our Company 
          - [About](https://www.gigaspaces.com/about)
          - [Customers](https://www.gigaspaces.com/customers)
          - [Management](https://www.gigaspaces.com/leadership)
          - [Board Members](https://www.gigaspaces.com/board-members)
          - [Investors](https://www.gigaspaces.com/investors)
          - [News](https://www.gigaspaces.com/news)
          - [Press Releases](https://www.gigaspaces.com/press-releases)
          - [Careers](https://www.gigaspaces.com/career-lobby)
      
      
      Partners 
          - [OEM Partners](https://www.gigaspaces.com/partners-lobby/oem)
          - [System Integrators](https://www.gigaspaces.com/partners-lobby/system-integrators)
          - [Technology Partners](https://www.gigaspaces.com/partners-lobby/technology)
          - [Value Added Resellers](https://www.gigaspaces.com/partners-lobby/value-added-resellers)
      Support & Services 
          - [Services](https://www.gigaspaces.com/service-overview)
          - [Support](https://www.gigaspaces.com/support-lobby)
    - [![vid-icon](https://go.gigaspaces.com/hs-fs/hubfs/Company-menu-thumb.jpg?width=235&height=158&name=Company-menu-thumb.jpg) GigaSpaces, IBM & AWS make AI safer](https://www.gigaspaces.com/news/gigaspaces-partners-with-ibm-and-aws-to-deliver-accurate-safe-genai-with-dbs)[Read How ![icon](https://go.gigaspaces.com/hubfs/Group-30743.svg)](https://www.gigaspaces.com/news/gigaspaces-partners-with-ibm-and-aws-to-deliver-accurate-safe-genai-with-dbs)

[Book a Demo](https://www.gigaspaces.com/?schedule-meeting-form=true)

[![](https://go.gigaspaces.com/hubfs/GigaSpaces_logo_1200x300.png)](https://www.gigaspaces.com/) ![](https://go.gigaspaces.com/hubfs/hamburger-menu-50.png)

- Products
  
  ![](https://www.gigaspaces.com/wp-content/uploads/2024/02/Vector.png)
  
    - Our Products
    - [eRAG](https://www.gigaspaces.com/products/erag)
    - [GenAI Catalyst](https://www.gigaspaces.com/products/genai-catalyst)
    - [Instant Data](https://www.gigaspaces.com/products/instant-data)
    - [Respond Proactively](https://www.gigaspaces.com/products/proactive-ai)
    - [Act Autonomously](https://www.gigaspaces.com/products/data-autonomy)
    - [Smart DIH](https://www.gigaspaces.com/products/smart-digital-integration-huby)
    - [XAP](https://www.gigaspaces.com/products/xap-imdg)
    - Solutions for
    - [Pharma](https://www.gigaspaces.com/products/erag/pharma)
    - [Procurement](https://www.gigaspaces.com/products/erag/procurement)
- Solutions
  
  ![](https://www.gigaspaces.com/wp-content/uploads/2024/02/Vector.png)
  
    - [Digital Innovation Over Legacy Systems](https://www.gigaspaces.com/use-cases/digital-innovation-acceleration)
    - [Integration Data Hub](https://www.gigaspaces.com/technology/integration-data-hub)
    - [API Scaling](https://www.gigaspaces.com/use-cases/application-acceleration)
    - [Hybrid/Multi-cloud Integration](https://www.gigaspaces.com/use-cases/hybrid-or-multi-cloud-integration)
    - [Customer 360](https://www.gigaspaces.com/use-cases/customer-360)
    - [Retail](https://www.gigaspaces.com/retail-and-ecommerce-2)
    - [Financial Services](https://go.gigaspaces.com/3zUv58tDHGWAeLBHZ6fq54tk8Z1e66ryqiB8tgNeCqtC)
    - [Insurance Companies](https://www.gigaspaces.com/industry-solutions/insurance)
- How It Works
  
  ![](https://www.gigaspaces.com/wp-content/uploads/2024/02/Vector.png)
  
    - eRAG Technology Overview
      
      ![](https://www.gigaspaces.com/wp-content/uploads/2024/02/Vector.png)
      
          - [AI-Ready, IT-Friendly](https://www.gigaspaces.com/products/ai-ready)
          - [Semantic Reasoning](https://www.gigaspaces.com/how-it-works/semantic-reasoning)
          - [Questions to SQL Queries](https://www.gigaspaces.com/how-it-works/questions-into-sql-queries)
          - [Asked & Answered in Natural Language](https://www.gigaspaces.com/how-it-works/asked-answered-natural-language)
          - [Multiple Data Sources](https://www.gigaspaces.com/how-it-works/multiple-data-sources)
          - [Proactive AI Governance](https://www.gigaspaces.com/how-it-works/proactive-ai-governance)
- Case Studies
  
  ![](https://www.gigaspaces.com/wp-content/uploads/2024/02/Vector.png)
  
    - By Use Case
    - [Procurement](https://www.gigaspaces.com/use-cases/procurement-supply-chain)
    - [Operations](https://www.gigaspaces.com/use-cases/enhancing-pharmaceutical-operations)
    - [Budget Management](https://www.gigaspaces.com/use-cases/educational-organizations-budget-resources)
    - [Sales Operations](https://www.gigaspaces.com/use-cases/retail-boost-sales)
    - [Service Providers](https://www.gigaspaces.com/use-cases/contract-control-cost-savings)
    - [Utilities Management](https://www.gigaspaces.com/use-cases/cut-sla-penalties)
    - [Restaurant management](https://www.gigaspaces.com/use-cases/power-smarter-restaurant-growth-erag)
    - By Industry
    - [Logistics](https://www.gigaspaces.com/case-studies/optimizing-supply-chain-with-ai-powered-insights)
    - [Pharma](https://www.gigaspaces.com/case-studies/transforming-patient-outcomes)
    - [Education](https://www.gigaspaces.com/case-studies/achieving-educational-budget-control)
    - [Retail](https://www.gigaspaces.com/case-studies/retail-intelligence-with-erag)
    - [Shipping](https://www.gigaspaces.com/case-studies/redefining-global-logistics)
    - [Energy](https://www.gigaspaces.com/case-studies/boosting-operations-reducing-penalties)
    - [Hospitality](https://www.gigaspaces.com/case-studies/restaurant-increase-profit-erag)
- Resources
  
  ![](https://www.gigaspaces.com/wp-content/uploads/2024/02/Vector.png)
  
    - [Webinars](https://www.gigaspaces.com/resources/webinars)
    - [Videos](https://www.gigaspaces.com/resources/videos?data-category=all)
    - [Whitepapers & Brochures](https://www.gigaspaces.com/resources/brochures)
    - [Customer Case studies](https://www.gigaspaces.com/resources/case-studies)
    - [Events](https://www.gigaspaces.com/resources/events)
    - [Analyst Reports](https://www.gigaspaces.com/resources/analyst-reports)
    - [Glossary](https://www.gigaspaces.com/data-terms)
    - [Blog](https://www.gigaspaces.com/blog)
    - [FAQs](https://www.gigaspaces.com/products/erag/faq)
    - [Technical Documentation](https://docs.gigaspaces.com/latest/landing.html)
- Company
  
  ![](https://www.gigaspaces.com/wp-content/uploads/2024/02/Vector.png)
  
    - [About](https://www.gigaspaces.com/about)
    - [Customers](https://www.gigaspaces.com/customers)
    - [Management](https://www.gigaspaces.com/leadership)
    - [Board Members](https://www.gigaspaces.com/board-members)
    - [Investors](https://www.gigaspaces.com/investors)
    - [News](https://www.gigaspaces.com/news)
    - [Press Releases](https://www.gigaspaces.com/press-releases)
    - [Careers](https://www.gigaspaces.com/career-lobby)
    - Partners
      
      ![](https://www.gigaspaces.com/wp-content/uploads/2024/02/Vector.png)
      
          - [OEM Partners](https://www.gigaspaces.com/partners-lobby/oem)
          - [System Integrators](https://www.gigaspaces.com/partners-lobby/system-integrators)
          - [Technology Partners](https://www.gigaspaces.com/partners-lobby/technology)
          - [Value Added Resellers](https://www.gigaspaces.com/partners-lobby/value-added-resellers)
    - Support & Services
      
      ![](https://www.gigaspaces.com/wp-content/uploads/2024/02/Vector.png)
      
          - [Services](https://www.gigaspaces.com/service-overview)
          - [Support](https://www.gigaspaces.com/support-lobby)
- [Book a Demo](https://www.gigaspaces.com/?schedule-meeting-form=true)

# Avanza Delivers Digital Banking Services with Millisecond Response; Growing Customer Base by 5X

# GigaSpaces Financial Services

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## Technology innovations and customer demands are revolutionizing the financial industry, and the focus on delivering an exceptional customer experience is now more important than ever.

## The demand for speed, simplicity, personalization, and transparency is driving a new generation of technologies and services that are transforming cumbersome and complex processes into simple, super-targeted products that address individual needs.

## **Download the Avanza Bank case study to explore how GigaSpaces enabled Avanza Bank to deliver on its vision of providing a fully digital bank that services its customers solely through high-performance, personalized retail banking applications. **

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