| In order to actively respond to the external challenges of internet finance, China Merchants Bank (CMB), the first share-holding commercial bank wholly owned by corporate legal entities in China, accelerated its financial technology transformation. In August 2018, CMB’s mobile banking and Handheld Life apps saw more than 60 million monthly active users, requiring the bank to provide higher storage capacities and faster data processing. China Merchants Bank with its ICT partner launched a joint innovation laboratory to develop a distributed relational database suitable for the financial industry. Through this laboratory, China Merchants Bank has successfully developed one of the most innovative, cutting-edge, high-availability, and high-performance distributed databases in the industry, enabling 85 million daily average requests, with its peak transactions per second (TPS) reaching 3,500, allowing the bank to realize its intelligence transformation. |