GBase Attends BDFF 2017 to Explore Big Data Finance

Far right: Du Guowang, Vice President of GBase

As a core component and crucial pillar of FinTech, big data finance manifests in big data credit reporting, online lending, payment services, comprehensive financial services, robo-advisory, and internet insurance, among other areas.

Du Guowang stated: "Two critical dimensions underpin big data finance: first, unlocking the value of big data for finance; second, ensuring the stable and secure operation of financial services. The GBase big data platform can manage and analyze data from various sources and of different structures to maximize the value of big data. In addition, through unified interfaces, unified management, and unified security, the platform lowers the barrier to big data development and enhances security."

As a leading database and big data technology and solutions provider in China, GBase has seen its big data capabilities thoroughly validated in financial business scenarios. For example, the Agricultural Bank of China's big data platform project supports diverse areas such as customer marketing, risk management, operational analysis, external supervision, asset-liability management, and performance management. The platform handles nearly 10 petabytes of data and serves as a critical IT foundation for the bank. To date, GBase has ensured the stable, continuous operation of ABC's big data platform for over 600 days.

GBASE Partners with Data Valley Lvliang to Boost Big Data Industry Development

On August 21, the "Data Valley Lvliang, Winning the Future with Intelligence" big data industry promotion conference, co-hosted by the Lvliang Municipal Committee of the Communist Party of China, the Lvliang Municipal Government, and the Shanxi Provincial Economic and Information Commission, was held in Lvliang City. Liu Jie, Vice Chairman of the Standing Committee of the Shanxi Provincial People's Congress; Wang Yixin, Vice Governor of Shanxi Province; Zhang Pu, Vice Chairman of the Shanxi Provincial CPPCC; Zhu Wan, Deputy Director of the Ministry of Industry and Information Technology; several academicians of the Chinese Academy of Engineering; and representatives from dozens of outstanding enterprises across the country attended the conference to discuss the development and application paths for the big data industry in Lvliang and the future for big data enterprises settling in Lvliang.

GBASE Empowers Data Valley Lvliang  to Unlock the Core Value of Big Data

Du Guowang, Vice President of GBase, was invited to the conference and delivered a keynote speech titled "GBASE Empowers Data Valley Lvliang to Unlock the Core Value of Big Data."

Du Guowang stated that the era of big data has arrived, and the industry is thriving. Data sharing and openness by the government, promoting industrial innovation, and safeguarding data security are key tasks in implementing the national big data strategy across regions. GBase is a leading database and big data technology and solutions provider in China, with its products widely used in finance, telecommunications, government, defense, enterprises, and public institutions. GBase greatly values the cooperation opportunity with Data Valley Lvliang and will leverage its innovation and capabilities to help Lvliang advance the development of the big data industry.

GBASE Signs Strategic Cooperation Agreement with Lvliang

At the promotional conference, GBase signed a strategic cooperation agreement with the Lvliang Cloud Computing Operation Company. In the future, the two parties will cooperate comprehensively in areas such as promoting the construction of China-developed big data platforms, exploring innovative applications of China-developed big data technology, and fostering new business models for the application of China-developed big data.

Through this cooperation, GBase will leverage its strengths as a China-developed database provider, with the Lvliang Cloud Computing Center as a backbone, and use new information technologies to foster new application models for Chinese databases in government and various industries, build a new big data ecosystem for Shanxi, and deliver higher-quality services to government and enterprise users in Lvliang migrating to the cloud.