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title: OceanBase Database is Officially Applied in Investment Fund Business System, Increasing Data Processing Capability by 200%
description: The online money market fund project of China International Fund Management Co., Ltd. (CIFM) recently adopted OceanBase Database, a native distributed database in-house developed by Ant Group, marking
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---
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# OceanBase Database is Officially Applied in Investment Fund Business System, Increasing Data Processing Capability by 200%

2022-03-29

   The online money market fund project of China International Fund Management Co., Ltd. (CIFM) recently adopted OceanBase Database, a native distributed database in-house developed by Ant Group, marking its migration from the conventional centralized database architecture to a high-performance distributed database architecture. This is a bold step in accelerating the digital transformation in the securities industry.

OceanBase Database has increased the data processing capability of the project by **200%**, from 6,000 transactions per second (TPS) to 16,000 TPS. It reduced the data size of the project from 700 GB to 204 GB, cutting the storage costs by **71%**. In terms of disaster recovery at the data center level, OceanBase Database provides a recovery point objective (RPO) of zero and a recovery time objective (RTO) of less than 30 seconds.

As a new-generation native distributed database, OceanBase Database is designed with no single point of failure, supports online linear scaling, and effectively overcomes the challenge of IT systems during business expansion. These features enable OceanBase Database to quickly respond to business expansion requirements at lower O&M costs and error rates. OceanBase Database helps CIFM serve tens of millions of users. In addition, OceanBase Migration Service (OMS), specially designed for OceanBase Database, helps CIFM with completing multi-level data verification. OMS also enables instant service rollback with zero data loss.

Founded in 2004, CIFM is dedicated to providing diversified and world-leading asset management services to various investors. CIFM embraces Fintech innovations to meet its constantly changing business requirements. Through the use of advanced technologies, CIFM aims to enhance its financial service capabilities, accelerate digital transformation, and create value for customers.

OceanBase Database has been long tested in diverse scenarios within Alibaba Group and Ant Group. It is the only native distributed relational database in the world that has surpassed extensive tests in large-scale financial scenarios. In June 2020, OceanBase officially became an independent company. The company envisions to help more enterprises upgrade their core systems.

OceanBase Database has served many institutions, including **Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), Bank of Communications (BCM), Bank of Nanjing, Bank of Xi'an, Bank of Suzhou, Changshu Rural Commercial Bank, Guangdong Rural Credit Union, PICC Health Insurance, Huatai Securities, Sinopec, Shenzhen Provident Fund Management Center, China Mobile, and Chinese Sports Lottery**.

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