GBASE Joins the FinTech Professional Committee of the Payment & Clearing Association of China

Approved by the People's Bank of China, the FinTech Professional Committee of the Payment & Clearing Association of China was established in Beijing in May this year. Its mission is to conduct in-depth research on fintech theory and practice, strengthen communication and collaboration across the industry, promote innovation and integrated development, guide the application of innovative achievements, advance fintech self-regulation, guard against technological innovation risks, safeguard the legitimate rights and interests of the industry, pioneer new fintech services and domains, and foster the healthy and orderly development of China's fintech industry.

In the area of financial clearing, GBASE has many successful cases. For example, the GBase 8a MPP Cluster, a large-scale distributed parallel database cluster system, enabled the Rural Credit Banks Funds Clearing Center Co., Ltd. to build a fund clearing data platform. Through the construction of this data platform, the center achieved data centralization, enabling unified data storage, access, and analysis. The data platform integrates data from various systems and platforms, forming an authoritative data center that reduces the workload of data preprocessing for business personnel and provides timely, multi-dimensional business analysis reports for member institutions and the clearing center.

As a leading provider of database and big data technologies and solutions, GBASE's products and solutions are widely used across the financial sector, including the data warehouse of Agricultural Bank of China, the audit system of China Merchants Bank, the data center of Changshu Rural Commercial Bank, and the data query and analysis system of Sunshine Insurance Group. With a deep focus on and strong commitment to the financial industry, GBASE will deliver even more solutions to drive the development of fintech in the future.