GBASE ranks first in database user penetration in China's financial industry.

Recently, CCID Consulting, under the Ministry of Industry and Information Technology, officially released the 2024 ‘China Financial Industry Database Market Research Report,’ providing detailed analysis of database vendors’ flagship products, technical roadmaps, typical projects, and competitive advantages. The report indicates that GBASE ranks first in financial industry user penetration. In the banking, insurance, and securities segments, GBASE is the only vendor ranked among the top in both centralized and distributed database fields, demonstrating the comprehensive adoption and leadership of GBase databases in the financial industry.

As core foundational software, databases have always been a focal point in financial IT construction. The report shows that China’s financial sector database management system market reached RMB 6.85 billion in 2023, with a growth rate of 18.3%. With the ongoing advancement of financial informatization and the maturing application of domestic databases in the financial sector, China’s financial database market will continue to grow rapidly, and is expected to reach RMB 11.26 billion by 2026.

Over a Decade of Financial Industry Focus — #1 in User Penetration

The financial industry is a key application domain for China’s database market, characterized by large market size, high technical requirements, and diverse application scenarios — a battleground for database vendors.

Financial Industry Quadrant Chart

As the earliest domestic database vendor to achieve commercial deployment in China’s financial industry, GBASE broke the foreign monopoly in 2013 by undertaking its first IT project. Having served the financial sector for over a decade, its self-developed distributed analytical database (OLAP), distributed transactional database (OLTP), and centralized transactional database (OLTP) have been widely deployed across banking, insurance, and securities. It has served more than 200 financial institutions and deployed over 20,000 database instances, deeply supporting core business systems, data warehouses, general business systems, and office systems. With rich project implementation and technical service expertise, GBASE has become a cornerstone for financial institutions’ digital transformation. Previously, a report by the prominent Chinese media outlet ‘First Voice,’ titled ‘2024 China Banking Database Market Research Report,’ showed that GBASE maintains a lead in total deployments and total users, ranking first in on-premises deployment penetration in the banking industry.

Banking, Insurance, and Securities Segments
GBase Databases Rank Among the Top in Both Distributed and Centralized Fields

Banking, insurance, and securities, known as the ‘three carriages’ of the financial industry, are critical database application scenarios. In banking, GBase databases have served over 140 institutions, including policy banks, large state-owned banks, joint-stock banks, city commercial banks, and extensive networks of rural commercial banks and rural credit cooperatives. In insurance, GBase has empowered leading insurers such as PICC P&C, PICC Life, Sunshine Insurance, China Reinsurance Group, and China Agricultural Reinsurance to achieve digital transformation and upgrade. In securities, GBase distributed analytical database (OLAP), distributed transactional database (OLTP), and centralized transactional database (OLTP) have been successfully deployed across multiple securities firms’ business systems.

Banking Industry Quadrant Chart

A major state-owned bank built a unified data warehouse and data lake platform entirely with domestic technologies using GBase distributed analytical database (OLAP). This platform fully integrates internal and external data, providing comprehensive, agile, and granular capabilities for data asset sharing, analytical applications, service provisioning, and value creation. It now hosts dozens of applications, including data warehouses, risk data marts, audit systems, an SAS model management platform, a monitoring-standardized data reporting platform, and reporting systems, with thousands of nodes deployed managing dozens of petabytes of business data.

A city commercial bank in Southwest China used GBase centralized transactional database (OLTP) with a shared-storage high-availability cluster solution to migrate its core business systems to domestic platforms. Leveraging GBase distributed transactional database (OLTP), it carried out distributed exploration and innovative upgrades for multiple business systems such as corporate/retail lending, risk control, future banking, and an internet middle platform. Using GBase distributed analytical database (OLAP), it built a liquidity risk management system and a payment information statistical reporting system.

Sichuan Bank deployed its anti-money laundering system using GBase centralized transactional database (OLTP) high-availability active-standby cluster solution, accelerating the implementation of ‘secure and controllable’ domestic technology regulations. While ensuring processing efficiency in business systems, it provides excellent scalability, enhances the accuracy and consistency of data storage and computation, improves anti-money laundering operational efficiency, reduces operational complexity, and safeguards business compliance.

Insurance Industry Quadrant Chart

PICC Property and Casualty Company Limited adopted GBase distributed analytical database (OLAP) to re-architect its systems, migrating from the original Teradata appliance to an open x86 hardware platform. Using a massively parallel processing architecture, it resolved storage and compute bottlenecks and built a big data platform with distributed computing and linear horizontal scalability, supporting systems such as the ids data lake, acrm, data warehouse, and marketing reports.

An insurance company upgraded and migrated its core business systems to GBase centralized transactional database (OLTP) as part of domestic technology replacement, enhancing system autonomy, controllability, and data security. It achieved an optimal balance between performance improvement and high availability, delivering a comprehensive full-stack, domestically-developed, independent and controllable solution for its digital transformation.

Securities Industry Quadrant Chart

A leading listed brokerage chose GBase distributed analytical database (OLAP) to complete the IT application innovation replacement and upgrade of its statement business system and external reporting data warehouse, significantly enhancing system processing performance and comprehensive analytical capabilities, drastically reducing procurement and O&M costs, ensuring high availability through a two-site three-center architecture, and realizing full domestic technology adoption from software to hardware.

A full-service securities company selected GBase distributed transactional database (OLTP) for a database upgrade, resolving bottlenecks in its infrastructure management platform related to high concurrency and response speed. It significantly improved high concurrency, high scalability, and distributed transaction processing capabilities, providing robust support for building an independent and controllable platform and strengthening data security.

Zhongtai Securities introduced GBase centralized transactional database (OLTP) to perform IT application innovation transformation of its business systems, achieving ‘zero’ application code modifications during migration. The active-standby deployment supports logical replication, uses virtual IP (VIP) and heartbeat detection to ensure system availability, and provides a complementary visual O&M management tool, laying a solid foundation for advancing its digital strategy.

In the future, GBASE will continue to deepen its presence in the financial industry, dive into core business scenarios, drive financial institutions’ data value realization through independent innovation, and contribute ‘GBASE’ efficiency to the high-quality development of the financial sector.