GBase Earns Another Honor: Two Solutions Selected for Second Batch of Financial IT Application Innovation Outstanding Solutions

On March 21-22, China Financial Electronics Co., Ltd. and the Financial IT Application Innovation Ecosystem Lab held a seminar on financial IT application innovation solutions in Beijing, releasing the second batch of outstanding solutions. GBase's "Office System Solution" and "Data Warehouse System Solution" were successfully selected, along with two jointly submitted solutions with Hengyin and Tianyang also being selected.

In November 2021, the Financial IT Application Innovation Ecosystem Lab (the "Lab") organized the first batch of financial IT application innovation solution evaluations. After multiple rounds of expert review, three solutions from GBase stood out and were compiled into a collection by the Lab to widely share with the financial industry, gaining attention and recognition."Capacity Contribution: GBase’s Three Solutions Selected in ‘Financial IT Application Innovation Ecosystem Lab - Financial IT Application Innovation Solutions (First Batch)’"

To further promote efficient and orderly implementation of financial IT application innovation work and continuously provide replicable guidelines and demonstrations for the industry, the Lab launched the second batch of solution evaluations last August and recently released the "Second Batch of Outstanding Solutions for Financial IT Application Innovation" (hereinafter the "Outstanding Solutions II").

The "Outstanding Solutions II" includes a total of 230 outstanding solutions, covering six categories: office management, general business, core business, terminal devices, technology platforms, and product tools. They are divided into two volumes for financial institutions and industry organizations, with 88 solutions from financial institutions and 142 from industry organizations.

The financial sector has always been GBase's stronghold. GBase now serves over 110 financial customers, with more than 20 new financial customers each year. The GBase series of databases has been deployed at scale across financial regulatory bodies, banks, insurance, securities, and other financial sub-sectors. Together with the Agricultural Bank of China, GBase built the largest data warehouse in China. With the Bank of China headquarters, it created a model case of an all-domestic big data platform. For PICC, it provided a full-stack solution for migrating foreign products to an IT application innovation database. It has supported a commercial bank in Southwest China’s core business system running independently and stably for over 1,000 days… It deeply serves financial customers’ digital application innovation ecosystems and builds a data security barrier on an IT application innovation foundation.

For a long time, leveraging its extensive practices in the financial industry, GBase has actively cooperated with the Lab to complete standard setting, industry-finance matchmaking, and various tasks. It has also repeatedly undertaken IT application innovation training from the Lab, sharing on "Application and Practice of GBase Database Products in the Financial Industry," providing training for hundreds of participants from dozens of financial institutions including banks, insurance, and securities, effectively promoting knowledge of IT application innovation in the financial industry.

Being selected once again for the second batch of outstanding financial IT application innovation solutions is another authoritative recognition from financial industry users of GBase’s technical capabilities and service levels. GBase will continue to focus on database core technology to serve the IT application innovation transformation of users across countless industries.