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Zhongtai Securities cooperates with Alibaba Cloud to upgrade its self-built system using Tair database

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Release: 2023-05-25 10:26:19
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According to news on May 23, Zhongtai Securities Co., Ltd., a large domestic securities firm, recently announced that it will adopt Tair, a cloud-native in-memory database owned by Alibaba Cloud Yaochi Database, to replace its self-built system. According to relevant business experts from Zhongtai Securities, this system upgrade is to solve the problems encountered by the company in business operation and maintenance management, and to achieve breakthroughs in performance and capacity. This move effectively reduces business request latency and provides scalability for the system.

Zhongtai Securities was established in 2001, then named Qilu Securities. It has now developed into a comprehensive securities holding group integrating securities, futures, funds and other businesses. Up to now, Zhongtai Securities has served more than 8 million customers, managed customer assets of more than one trillion yuan, provided stock and debt financing services to more than 1,000 companies, and financed more than 1.8 trillion yuan of corporate financing.

Zhongtai Securities cooperates with Alibaba Cloud to upgrade its self-built system using Tair database

ITBEAR Technology Information reported that the self-built cache database previously used by Zhongtai Securities had problems with scattered deployment and inability to be managed uniformly. The development of business systems was affected because the original architecture faced performance bottlenecks during peak periods and was very difficult to expand and shrink. By introducing Alibaba Cloud Yaochi's in-memory database Tair, Zhongtai Securities successfully replaced its self-built Redis system and improved its stability.

Take the expansion and contraction scenario of self-built Redis as an example. Since data migration has a certain impact on Redis performance, expansion and contraction operations can usually only be performed during low business peak periods. However, the cloud-native in-memory database Tair minimizes the performance impact by optimizing the data migration process and realizes real-time online adjustment of system performance and capacity.

In addition, Tair not only has multi-threading capabilities, but is also deeply optimized to adapt to massive concurrency situations, thereby greatly reducing response time delays. During the peak business period of Zhongtai Securities, every request sent to Tair can be responded to within microseconds, ensuring the reliability and stability of the transaction link. The introduction of Tair not only laid the foundation for Zhongtai Securities' core business system, but also provided valuable experience for the securities industry's independent innovation of IT architecture.

Currently, Alibaba Cloud Yaochi database products are widely used in government, enterprise and financial markets. It serves the natural person tax management system, 60% of the country's provincial medical insurance information platforms, as well as benchmark customers in the financial and government fields such as China Post, Shanghai Stock Exchange, China Pacific Insurance, China Merchants Bank, Southern Asset Management, and AIA, and has been widely used used in the core system.

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source:itbear.com
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