The "2023 Yangtze River Delta FinTech Festival" prominently released the "GBase 8a Database Financial Application Guide"

Published on 2023-12-04

From November 30 to December 1, the "2023 Yangtze River Delta FinTech Festival — the Yangtze River Delta Economic Circle FinTech Development Conference and the 4th Global Competition for FinTech Innovation and Application in the Yangtze River Delta" grandly opened in Shanghai. GBase (General Data Technology) was invited to attend and prominently released the "GBase 8a Database Financial Application Guide".

The "2023 Yangtze River Delta FinTech Festival" aims to be rooted in the Yangtze River Delta yet national in scope, focusing on the deep integration of digital technology and financial services, creating a "carnival" for the FinTech community in Shanghai, the Yangtze River Delta, and across China, and fostering a new ecosystem for FinTech development in the Yangtze River Delta.

The Beijing FinTech Industry Alliance collected financial applications of mainstream database products from across the industry and provided guidance to develop database product financial application guides, aiming to offer references for financial institutions in selecting distributed database products and to promote the steady adoption of distributed database products in the financial sector.

Major Release of the "GBase 8a Database Financial Application Guide"

At the conference, the "GBase 8a Database Financial Application Guide", authored by GBase (General Data Technology) under the guidance of the Beijing FinTech Industry Alliance and Chengfang Financial Technology Co., Ltd., was officially released.

Zhang Shaoyong, Chief Product Architect of GBase, stated that GBase (General Data Technology) has over a decade of R&D accumulation in distributed technologies, and its database products have been continuously refined through complex application scenarios in the financial industry, resulting in extensive financial industry use cases and engineering experience. Currently, the company's self-developed GBase series databases have been widely deployed and applied in the financial sector, serving more than 140 financial customers with over 10,000 database instances, of which 9,700 instances support core business systems and general business systems, managing a total data volume exceeding 100 PB.

The Guide addresses challenges in product selection, system design, deployment, and post-deployment maintenance, and summarizes key aspects such as application requirements, product features, architecture design, resource assessment, development standards, and operations monitoring.

The Guide covers various big data analytics application scenarios. Leveraging the GBase database's intelligent indexing, efficient compression, data masking, ultra-large-scale deployment, data mining, interactive query, and unified stream-batch processing capabilities, it provides robust support for big data platforms, lakehouse architectures, real-time data warehouses, data marts, and data middle platforms, helping financial institutions in key areas such as architecture selection, deployment models, cost estimation, and development and operations.

The deep integration of digital technology and financial services is driving and ensuring stable and sustainable economic development. GBase will continue its independent innovation, committed to advancing next-generation technologies, and empower the financial industry's high-quality digital transformation!