Join hands to create, open up intelligence, and assist commercial banks in the best practice and application of "lake warehouse integration"
On the afternoon of the 7th, a data intelligence sub forum was held at the Huawei Global Smart Finance Summit with the theme of "Upgrading the New System of Financial Data Services and Accelerating the Release of Data Value".
At the meeting, Zhao Hongliang, General Manager of the Advanced Digital Capability Solution Center, shared the "Lake Warehouse Integration" solution and practice.
In his speech, Zhao Hongliang introduced that the current digitalization process is accelerating, and the scale and types of data continue to grow rapidly. Technologies such as 5G, big data, artificial intelligence, and smart tellers are developing rapidly, and data presents characteristics of large-scale and diversity. Unstructured data is showing an explosive growth trend. The demand for industrial upgrading, real-time processing in massive big data scenarios, and unstructured data governance has accelerated the architectural innovation of the integration of data lakes and data warehouses, and promoted the technological evolution of big data infrastructure. By understanding market demand and collaborating with Huawei, Advanced Data Communications has developed a lake warehouse integrated solution, which builds a new and integrated data platform for customers through architecture upgrades rather than substitutes.
GaussDB Database Financial Industry Ecological Development Plan
At the conference, Huawei joined hands with advanced data communication and other ecological partners to launch the "GaussDB Database Financial Industry Ecological Development Plan". This plan is established by Huawei for three types of partners: database software partners, consulting and system integration partners, and service partners. It provides five major support measures, including development and migration, product construction, learning and empowerment, marketing and promotion, and capability enhancement. The aim is to work together with partners to build a prosperous and open new ecosystem of GaussDB database.
Advanced Data Communications has joined the Huawei GaussDB database financial industry ecosystem development plan, which will be based on Huawei's financial grade trusted high-performance ICT base and high-performance distributed database, combined with Advanced Data Communications' profound industry experience, to assist financial institutions in digital transformation.
ADTEC
Zhao Hongliang pointed out that through the integrated lake warehouse solution, customers can build new models such as "unified collection, unified development, unified management, and unified service", thereby achieving characteristics such as data platformization, data assetization, data serviceization, and resource sharing. The integrated solution can meet the collaboration between multiple departments and projects, fully improve data utilization, enhance data operation and maintenance level, and provide reliable support and guarantee for enterprise level data management.
Nowadays, with the continuous advancement of financial innovation, most commercial banks are facing various issues related to the adaptation of information and innovation. Zhao Hongliang shared with the attending guests that with the help of the integrated lake warehouse solution, he assisted a city commercial bank in completing the data center platform lake warehouse integration construction project. Different from traditional vertical axis systems, the solution fully considers practical needs, adopts a centralized "microservice, cloud computing" architecture, establishes an agile data service system, and achieves deep integration of data and business through the "IT+business+scenario" mode, promoting data value-added. Building a complete, accurate, and powerful rapid response platform, integrating data from various business systems within the bank, streamlining the statistical analysis mechanisms of various business lines, improving service efficiency, and laying a solid data and technical foundation for the subsequent construction of management application systems.
Lake warehouse integration is a new paradigm that combines the advantages of data lakes and data warehouses, achieving data structures and management functions similar to those in data warehouses for low-cost storage in data lakes.
The advanced data communication lake warehouse integrated solution is equipped with a Xinchuang cloud base, which reuses and expands traditional big data, batch, and massive computing capabilities. When data enters the lake, it strengthens effective management, reduces data redundancy, improves data control quality, and provides reliable support for enterprise level data management and services in digital transformation. This plan has been selected as the "Outstanding Solution for Financial Innovation in 2022".
