China’s Longtop Launches Petabyte Archiving Solution

Based in Beijing, P.R.China, Longtop Financial Technologies Limited (Longtop), software developer and solutions provider targeting the financial services industry in China, announced its new data archiving solution.

Like many organizations worldwide, financial institutions in China are experiencing data growth. They are facing big challenges in continuing to store and manage the high-volume data for compliance purposes in a cost-effective way, as well as query and retrieve them efficiently for business needs. Longtop’s data achieving solution has the capability to manage petabyte level structured data at low cost and access efficiency. The solution has the data storage and management infrastructure built on cloud storage techniques, which has unlimited horizontal scalability in both storage volume and access efficiency with compression ratio. As a result, it can overcome the inherent deficiencies of traditional Relational Database Management System (RDBMS) products in high-volume data management and help customers to build the new generation of data centers.

"Much of the strength behind Longtop’s solid organic growth track record comes from our proprietary product development. Over the years, we have consistently focused on Research and Development (R&D) and going forward we will continue to invest in human resources and technology to help further strengthen our R&D capabilities," commented Weizhou Lian, Longtop’s Chief Executive Officer. "I am very pleased that one of the largest banks in China has been our first customer to deploy our data archiving solution."