On June 12, Jinhua Bank held the "Starlight Project" core project launch conference. The new-generation core system was deployed on the domestic distributed database OceanBase to achieve high availability, high performance, and domestic upgrade of the system. It is reported that this is the first bank core system in Zhejiang Province based on a completely domestically developed database.
The relevant person in charge of Jinhua Bank said: "'Xinghui Project' is the No. 1 project of our bank. Through this launch, Jinhua Bank will comprehensively strengthen the ability of technology to support business, realize the strategic linkage between business and technology, and further promote digital intelligence empowerment. , to improve the quality and efficiency of real economy services.”
Jinhua Bank was established in 1997. Focusing on the market positioning of "a bank for small and medium-sized enterprises" and "a bank for citizens", the bank provides a wealth of financial services for local small and medium-sized enterprises, key projects, high-tech industries, and citizens. 28 national and more than 200 provincial and municipal honorary titles, including "Small and Micro Enterprise Financial Services City Commercial Bank", "Best Inclusive Financial City Commercial Bank", and "Most Development Potential Commercial Bank". In 2023, Jinhua Bank's operating efficiency will increase significantly, and its total assets will exceed the 100 billion mark.
Since last year, according to the relevant requirements of the State Council's "14th Five-Year" Digital Economy Development Plan and the central bank's "Financial Digital Transformation and Improvement Project", Jinhua Bank has organized more than 300 business backbones to focus on the "Starlight Project". Focusing on dozens of systems such as the new generation core system, counter system, data center, dispatching system, enterprise service bus, printing inspection system, and human resources system, distributed upgrades are carried out based on the domestic self-developed database OceanBase.
The new-generation core system of Jinhua Bank adopts Everbright V8 technology, and relies on the high compatibility of OceanBase to realize the seamless connection of applications with basically zero transformation, and completes the transformation from "minicomputer + Oracle centralized database + high-end storage" to "PC + OceanBase distribution The domestic upgrade of the database + ordinary disk", and the OceanBase one-database multi-core software and hardware hybrid deployment solution, achieved smooth migration.
The new-generation core system adopts the architecture of "one primary cluster + three standby clusters" to realize disaster recovery of databases in the same city and in different places, ensuring zero data loss, automatic fault recovery control within 30s, business continuity of 99.999%, and 7x24 hours of high availability. In addition, the performance of the new-generation core system has been significantly improved, and the distributed architecture far exceeds the previous single architecture, which can be further elastically expanded. Among them, the end-of-day batch processing capacity has been increased by more than 5 times, the peak business processing capacity has been increased by 12 times, the timeliness of batch distribution has been increased by 120 times, and the quarterly interest settlement efficiency has been increased by 8 times.
More and more small and medium-sized banks use the domestic distributed database OceanBase as the first choice for core system upgrades. Relying on complete domestic research and development, OceanBase has continuously won urban commercial banks such as Bank of Beijing, Tianjin Bank, Hongta Bank, and Xi'an Bank, rural commercial banks such as Changshu Rural Commercial Bank and Shunde Rural Commercial Bank, and rural credit credit companies such as Guangdong Rural Credit Bank and Sichuan Rural Credit Bank in recent years. trust of the society. Previously, 1/4 of the country's leading financial customers have adopted OceanBase as the first choice for core system upgrades, which also means that OceanBase has successfully replicated its domestic upgrade experience to hundreds of billions, hundreds of billions, trillions, etc. bank.
According to the "Core Database Upgrade Selection Reference" issued by the authoritative consulting agency CCID Consulting in October last year, among the database products currently deployed by Chinese companies, OceanBase ranks first among Chinese local products; in the expectation of future database deployment products, OceanBase It also ranks first; it also ranks first in the core system upgrade first choice.
Jinhua Bank joined hands with OceanBase, a fully domestically developed self-developed database, to transition the core system to the new architecture in a smooth and non-destructive manner, which not only ensures business continuity and performance, but also provides a reliable evolution path for subsequent domestic upgrades of more important businesses in the bank.