Soochow Securities Co., Ltd

Tencent cloud distributed database TDSQL was successfully implemented in the new generation core trading system of Soochow Securities, helping the system become the industry's first fully autonomous and controllable core trading system from infrastructure and bottom system to upper application.

The securities core trading system is the most important business system of securities companies, connecting stock exchanges, Zhongdeng Corporation, futures exchanges and other institutions. Because securities trading affects users' profit and loss in real time, and because market fluctuations often cause unpredictable transaction concurrency, the core trading system of securities companies has extremely stringent requirements on the reliability, consistency, performance, and operation quality of the underlying database that stores key data such as customer information, transaction records, and transaction flow.

In the traditional mode, the database selection of the core trading system of securities companies is mainly based on foreign commercial databases. In recent years, in order to ensure the security of financial information technology, financial institutions have begun to promote the application of autonomous and controllable technology on the core system, and the database of the core trading system is the most important. Soochow Securities actively responded to the national strategic layout and built a new generation of core trading system to promote the independent and controllable development of the industry.

Soochow Securities has worked closely with Tencent Cloud and the construction party of the trading system, promoted the comprehensive connection between the trading system and Tencent Cloud TDSQL, and achieved the connection and connection with the data middle office system of Soochow Securities, solving difficult technical problems such as environment adaptation, system compatible operation in heterogeneous environments, and data collection.

Finally, after multiple rounds of verification links such as database POC test, system adaptation, function test, performance test, and firm offer test, and on the premise of ensuring that the system functions are not missing and the overall service performance is not degraded, the new home-made new node of the new generation core trading system A5 of Soochow Securities was officially launched on December 11, 2021, bearing the important transactions Services, risk control and other functions.

At present, the new generation core trading system of Soochow Securities is running stably, carrying more than 160000 customers' firm trading business, with an average daily trading volume of nearly 100 million yuan.

This is so far the first case in China where the core system of a securities firm has adopted a domestic distributed database and has been successfully put into production. It is also the first case in the banking industry where the traditional core domestic database has been replaced. Tencent Cloud TDSQL has made another breakthrough in the context of the core trading system of securities firms.