The IBM SVC has has been setting records in SPC-1 (OLTP-like) benchmarks for many years. However recently HP stole the crown with a 3Par benchmark of 450,212.66 IOPS.
But in breaking news, the SVC is back on top with the very first SPC benchmark that exceeded 500,000 IOPS (520,043.99 to be precise!). You can see the executive summary here.
This benchmark used eight of the current SVC engines (model CG8s) with Storwize V7000 as the backend disk. It shows the awesome power of SVC, its ability to scale and to handle very large configurations with very large throughput requirements. It also shows the power of IBM pSeries which was used to drive these IOPS.
The full disclosure report is here.