SequoiaDB and CMBC jointly promote the innovation of distributed data management platform
Recently, SequoiaDB has been successfully selected CMBC (China Minsheng Bank)’s new project of “Annual Operation Commercial Software License and Service Procurement”. SequoiaDB once again joined hands with CMBC to promote the construction of distributed data management platform.
Since the formal establishment of cooperation with CMBC in 2014, the distributed database platform of SequoiaDB has managed more than 2PB of data, with more than 130 physical servers of nodes. SequoiaDB has been applied in the core transaction system, mid-end and online image management platform.
Introduction to China Minsheng Bank
China Minsheng Banking Corporation Limited (China Minsheng Bank, CMBC, or the Company) was formally established in Beijing on 12 January 1996. It is China’s first national joint-stock commercial bank initiated and founded mainly by non-state-owned enterprises.
Over the past 21 years since establishment, along with the rapid growth of China’s economy and the support from customers and various circles of the society, China Minsheng bank has been taking full advantages of “new bank, new mechanism” and has grown from a small bank with only RMB1.38 billion capital into a large-scale commercial bank with over RMB370 billion net tier-one capital, more than RMB5.7 trillion total assets, nearly 3,000 branches, sub-branches and outlets, and around 57 thousand employees. In the Top 1000 World Banks ranking released by The Banker in July 2017, China Minsheng Bank was ranked №29. In the Global 500 list published by Fortune in July 2017, China Minsheng Bank stood at №251.
Introduction to SequoiaDB
SequoiaDB is the leading distributed database company in China. Since the establishment in 2011, SequoiaDB has been driving the product development with technology, insisting on building an open-source distributed database engines from scratch and focusing on the implementation in financial business. In 2017 and 2018, SequoiaDB has been listed for two consecutive years, and is the first Chinese database vendor listed.
As financial-level distributed database management system SequoiaDB, the distributed content management software SequoiaCM, and the cloud database platform SequoiaDB DBaas are the three main products of SequoiaDB. SequoiaDB features distributed NewSQL, RADOS and high-performance NoSQL. The business scenarios include distributed OLTP (Online Transactional Processing), distributed content management, high massive data storage performance and cloud database platform.
SequoiaDB now has more than 1000 enterprise customers and community users. SequoiaDB has been deployed on core system of more than 50 major financial institutions, like banking, insurance and security clients of Fortune- 500 Level.