The financial industry uses databases in its mission-critical systems; here's how TiDB-based solutions help them address the pain points of traditional RDBMS. If you are still wondering about it then this article is for you.
The financial industry uses databases in its mission-critical systems; here's how TiDB-based solutions help them address the pain points of traditional RDBMS.
The financial industry, especially banks, needs a robust system to support their complicated transactions. With the development of technology, the core banking system has evolved—from a traditional centralized system to a distributed, service-oriented architecture (SOA).
As an open-source, distributed SQL database, TiDB is widely adopted by banks, securities, insurance, online payments, and FinTech companies, and it supports our users in over twenty mission-critical business scenarios.
In this article, I will introduce these critical business scenarios of the financial industry and the pain points they have using their current technology. After that, I'll also show you three TiDB solutions that tackle these problems.
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