Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

TencentDB TDSQL Powers 60+ Banks' Year-End Financial Closings with Zero Errors

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TencentDB TDSQL Powers 60+ Banks' Year-End Financial Closings with Zero Errors
PTI News
Dated:- 22-4-2025
PTI
SHENZHEN, China, April 22, 2025 /PRNewswire/ -- "60+ financial institutions, zero errors! During the recent year-end financial closing operations, Tencent Cloud's '6T' integrated foundational software suite—including TDSQL database, Tencent Cloud Enterprise (TCE), TCS PaaS plat .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... form, TBDS big data platform, TencentOS, and Tencent Cloud TI Platform—safeguarded over 60 banks and large state-owned financial enterprises, enabling flawless execution of critical year-end tasks with 100% accuracy." "As the first state-owned major bank in China to fully transition to a distributed architecture, Bank X previously deployed Tencent Cloud's TDSQL database to power its full-scale cor .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e systems—including customer information, credit cards, and personal liabilities. In 2024, it conducted year-end financial closings on this distributed core system for the first time, facing exponentially higher workloads, complexity, and technical challenges than ever before. Throughout the process, Tencent Cloud ensured the bank's distributed core aced this critical year-end stress test." "Beyon .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d the aforementioned state-owned major bank, over 60 banks leveraged Tencent Cloud's distributed database, private cloud, and big data platform technologies to efficiently complete year-end financial closings—executing nearly 1,000 pre-closing and year-end batch tasks per client with 100% timeliness. In recent years, Tencent Cloud has supported nearly 40 financial institutions, including Bank of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... China, Agricultural Bank of China, Ping An Bank, and Zhangjiagang Rural Commercial Bank, in transitioning their core systems to distributed architectures, solidifying the role of domestic technology in ensuring secure and stable operations for the financial sector." Thank you for your support, we will continue the good work in 2025. (Disclaimer: The above press release comes to you under an arr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... angement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates