GBASE Wins the 2022 Outstanding Contribution Award for Empowering Financial Digital Transformation

On December 27, the “2022 China FinTech Annual Conference and the 13th Financial Technology Application Innovation Award Ceremony”, hosted by Financial Electronics magazine under the People’s Bank of China, was successfully held. At this event, GBASE’s multi-model, multi-state distributed database GBase 8c won the “2022 Outstanding Contribution Award for Empowering Financial Digital Transformation”.

The 13th Financial Technology Application Innovation Award entries were evaluated by leaders and experts from banking, securities, insurance, and other financial institutions. Among them, the “2022 Outstanding Contribution Award for Empowering Financial Digital Transformation” recognizes innovative technology companies and projects that apply technology to accelerate digital transformation in the financial industry and enhance the quality and efficiency of financial services.

Since its inception, GBASE has been committed to independent product innovation and is one of the earliest independent database product and service providers to achieve large-scale application in the financial sector. Over the past 20 years, GBASE databases have served over a thousand financial customers with high-quality products and services. Among banks with assets exceeding RMB 100 billion and self-developed information systems, nearly half have adopted GBASE database products at scale, building a strong reputation and a significant presence. GBASE is also one of the very few Chinese database vendors that have entered the core banking systems of financial institutions.

The award-winning GBase 8c is a multi-model, multi-state enterprise-grade distributed database that supports row storage, column storage, in-memory storage, and various deployment modes including standalone, primary-standby, and distributed. GBase 8c delivers high performance, high availability, elastic scalability, and strong security, and can be deployed on physical machines, virtual machines, containers, private clouds, and public clouds. It provides secure, stable, and reliable data storage and management services for mission-critical systems, Internet-based business systems, and government and enterprise business systems.

Multi-model, Multi-state: Supports row, column, and in-memory storage modes; supports standalone, primary-standby, and distributed deployment modes;

Extreme Performance: Multi-version concurrency control (MVCC); distributed elastic scaling ratio > 0.9; NUMA-aware architecture for high performance;

Extreme Availability: No single point of failure globally, with 99.999% high availability;

Extreme Elasticity: Supports online scaling out/in; linear scaling of compute and storage capacity;

Extreme Security: Features access control, encrypted authentication, database auditing, dynamic data masking, and other security capabilities.

GBase 8c is just one of many GBASE products used in the financial sector. Third-party data shows that GBase 8a, a distributed logical data warehouse, has consistently ranked first among Chinese data warehouse products and achieved the best per-core computing performance in the TPC-DS benchmark. The shared-storage database cluster GBase 8s, with high capacity, high concurrency, and high performance, has been deployed in core business systems across finance, telecommunications, transportation, and other industries.

As the financial industry evolves rapidly, GBASE will continue to focus on database software products and services, and collaborate with more partners to drive joint innovation in financial technology, supporting the industry’s digital transformation and business growth, and unlocking the full potential of digital finance.