Capability Contributions: GBase's three major solutions selected for the Financial IT Application Innovation Ecosystem Laboratory's first batch of Financial IT Application Innovation Solutions.
Financial IT Application Innovation – Surging at the Right Moment
Technological self-reliance and self-strengthening are key concepts of the 14th Five-Year Plan. Self-strengthening presupposes self-reliance, which means independence and controllability of core technologies. The financial industry, a critical sector with strong payment capabilities, indicates that financial IT application innovation is both necessary and feasible. The Financial IT Application Innovation Ecosystem Laboratory, to promote and ensure the efficient and orderly implementation of IT application innovation, conducted multiple rounds of screening including preliminary review and expert evaluation, and formed a “First Batch of Financial IT Application Innovation Solutions” list that is replicable and referenceable for the financial industry. GBase’s three major solutions (including the “Big Data Platform Solution” jointly developed with Agricultural Bank of China, Kunpeng, and Kylin, the “Data Warehouse Replacement Solution,” and the “Core Business System Solution Based on GBase Database”) stood out from nearly 600 submissions by over 190 organizations and were successfully selected.
Jointly Selected Solution 1: Big Data Platform Solution
This solution’s big data platform adopts “Kunpeng ARM servers + Kylin operating system + GBase/ZDH big data software” to build a complete big data platform system cluster. Application systems gradually take on business demands through the big data platform built with an innovative technology stack.
Selected Solution 2: Data Warehouse Replacement Solution
This solution, based on the foundational environment of the IT application innovation technology roadmap, provides a database product replacement solution for the financial industry.
Selected Solution 3: Core Business System Solution Based on GBase Database
This solution is based on full-stack practice of core business systems, achieving business process optimization and standardization, data standardization and centralization, and application componentization and servitization. It enhances comprehensive service capabilities for target customers and provides reference for improving core business systems and the construction of the mobile payment ecosystem.
GBase in Finance: A Leading Provider in China
The GBase series of database products can fully replace foreign databases and has been deployed at scale in the financial industry: it has built the largest data warehouse and big data platform in China – the Agricultural Bank of China Head Office Big Data Platform, running stably for over 2,000 days; created a large-scale all-domestic case featuring China-made servers, a domestic operating system, and a domestic database – the Bank of China Head Office Big Data Platform; provided PICC with Teradata data warehouse migration and Oracle migration solutions; and supported the core business system of a commercial bank in Southwest China, running independently and stably for over 1,000 days…
Currently, GBase databases manage a total data volume of nearly 50 PB in the financial sector, operating stably 24×7, and serving over 110 customers including banks, insurance companies, securities firms, and financial regulatory authorities.
Strategizing for Ongoing Innovation
As a leading domestic database company, GBase will leverage its expertise, technical advantages, and experience to continue actively adapting to upstream and downstream vendors in China such as chip, operating system, and server manufacturers, improve the entire industry chain cycle, provide full-stack IT application innovation solutions for the financial sector, and continuously answer the call to fully support the construction of financial IT application innovation.