Shenzhen University and Sunline: Joining Forces to Cultivate ‘Artificial Intelligence+’ and Pioneer a New Era of Industry-University-Research Collaboration

On March 6th, Shenzhen University and Sunline formally signed a cooperation agreement in Shenzhen to establish the “Artificial Intelligence in Financial Software Engineering Joint Laboratory.” The two parties will collaborate on innovative applications of artificial intelligence in the field of financial software engineering, jointly research core scientific and technological advancements, promote the industrialization of scientific research achievements, and actively respond to the national strategy for developing a new generation of artificial intelligence.

It is reported that against the backdrop of the “Report on the Work of the Government” during the Two Sessions, where “New Quality Productive Forces” and “Artificial Intelligence+” were highlighted as key annual terms, both parties view this collaboration as a pioneering exploration in tune with the pulse of the times. As we advance into the digital age, the digitization and intelligence of productivity are significant hallmarks of new quality productive force , and they represent the fundamental trend of productivity development under the conditions of a new round of scientific and technological revolution and industrial transformation. Deepening the research and development application of big data and artificial intelligence technologies, and unleashing productivity with “scientific and technological innovation playing a leading role” is the crux of high-quality development.

At the signing ceremony, Mao Junfa, the President of Shenzhen University and Academician of the Chinese Academy of Sciences, expressed that over the past 40 years since its establishment, Shenzhen University has been committed to innovation and has collaborated with numerous enterprises to drive the industrial application and commercialization of research outcomes, achieving remarkable results. Sunline is a leading enterprise in the field of financial software systems. Mao hopes that this signing will serve as an opportunity to leverage the strengths of both parties in educational and industrial resources, focusing on translating application demands into a significant driving force for technological progress. This collaboration aims to create a closed loop of “Industry-University-Research-Application” in the “Artificial Intelligence+” sector and establish a new paradigm for university-industry cooperation.

Sunline’s Chairman, Wang Changchun, discussed the transformation of productivity brought about by artificial intelligence in the context of the financial industry’s development. “Technological innovation gives rise to an efficiency revolution and a transformation of kinetic energy. The rapid development of artificial intelligence and large model technologies will significantly accelerate the production efficiency of software engineering, completing the shift from labor-intensive to intelligence-based operations, and thereby fully unleashing digital productivity, creating immeasurable social value. As the lifeblood of the national economy, the financial industry must take the lead in this technological transformation. Our partnership responds to the national call for ‘realizing a positive cycle between technology, industry, and finance,’ and it is timely.”

Both parties emphasized that Shenzhen, a fertile ground for technological innovation, is the ideal platform for a win-win collaboration between Shenzhen University and Sunline. “Daring to be the first in the world” and “keeping feet on the ground” are not only the genes of Shenzhen’s city spirit but also a common label for every innovator and entrepreneur rooted in this land. Based on a consistent philosophy and shared values, Sunline will work hand in hand with Shenzhen University to deepen their capabilities in core technological breakthroughs, accelerate the application of artificial intelligence innovations in the field of financial technology, serve the digital transformation of financial institutions, and assist the nation in achieving high-level self-reliance and strength.

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About Shenzhen University

Shenzhen University, as a window university, a special economic zone university, and an experimental university, is also the only comprehensive university in Shenzhen. In recent years, it has achieved outstanding results with multiple disciplines ranking among the top in ESI, a global ranking of 90th in the Nature Index, and having the highest number of PCT international patent applications among domestic universities for three consecutive years. Currently, the university has become a high-level comprehensive university with distinctive characteristics, strong strength, and a good reputation and significant influence both at home and abroad.

About Sunline

Established in 2002, Sunline is China’s leading provider of banking software and technology services. Since going public in 2012, it has expanded globally with over 6,000 employees serving 800 banking and finance clients. Sunline is a global financial technology leader, continuously innovating its solutions by integrating the latest technology trends with industry best practices to deliver comprehensive and secure financial solutions. With international offices in key financial hubs such as Hong Kong, Malaysia, Thailand, Indonesia, Singapore, and the Philippines, Sunline solidifies its presence in the Asia Pacific financial IT market.

In a recent meeting at Sunline’s headquarters in Shenzhen, CIMB Vietnam and Sunline continued the partnership commitment after a 5 years collaboration to revolutionize banking services through advanced technology integration and foster digital innovation.

This enduring commitment aims to revolutionize banking services through advanced technology integration and foster digital innovation. The collaboration between CIMB Vietnam and Sunline has been ongoing for five years, signifying a sustained effort to propel advancements in the banking industry. By integrating cutting-edge technologies from Sunline, CIMB Vietnam seeks not only to modernize but also to revolutionize core banking services, providing an enhanced and unparalleled experience for its valued customers.

Empowering Teams Through Technical Training

In a strategic move to bolster CIMB Vietnam’s technological prowess, a bespoke three-day training program has been meticulously designed, coinciding with their pivotal meeting in the dynamic tech hub of Shenzhen. Specifically tailored for CIMB’s key technical team, this intensive initiative aims to fortify their understanding of the adoption and operation of Sunline’s cutting-edge solutions.

Conducted during CIMB Vietnam’s visit to our headquarters in Shenzhen, this comprehensive technical training program underscores CIMB Vietnam’s commitment to nurturing a knowledgeable and skilled workforce. The initiative, facilitated by Sunline, positions their team to be adaptive and well-prepared for the challenges of tomorrow. This dedication to technical excellence ensures a seamless transition and optimal utilization of Sunline’s advanced systems, solidifying CIMB Vietnam’s position at the forefront of technological innovation in the banking industry.

Leadership in Focus: Li Jin Song and Rachel Nguyen

During the important meeting in Shenzhen, China, Li Jin Song, CEO of Sunline Group, and Rachel Nguyen, CTO of CIMB Vietnam, engaged in discussions about the intricacies of this collaborative effort. This face-to-face interaction emphasizes a commitment to the partnership’s success, ensuring a shared understanding of the vision for pioneering advancements in the banking industry.

Li Jin Song, CEO of Sunline Group (on the left), alongside Rachel Nguyen, CTO of CIMB Vietnam (on the right)

A 5-Year Partnership’s Evolution

Building upon the foundation of their successful 5-year partnership with Sunline, CIMB Vietnam embarked on a journey that transcends routine upgrades. This new chapter symbolizes a turbocharge for CIMB Vietnam’s core banking infrastructure, designed not only for modernization but for an outright revolution in the banking experience.

Throughout the partnership, Sunline and CIMB Vietnam have stood shoulder to shoulder, combining technological prowess with banking acumen. This period is not merely a duration but a narrative of continuous collaboration, marked by shared successes and a commitment to pushing the boundaries of what is possible in the financial sector.

Anticipating Tomorrow’s Needs: Sustained Growth

As we gaze into the future, the collaboration between CIMB Vietnam and Sunline unveils promising horizons for continuous cooperation. Going beyond the immediate integration of Sunline’s cutting-edge technology, both entities actively engage in continuous research and development. This involves foreseeing market trends, co-creating tailored solutions to address evolving customer needs, and embarking on joint initiatives to expand their influence in the ever-evolving financial landscape.

This forward-looking partnership, with a keen eye on tomorrow’s needs, establishes the foundation for sustained growth. In conclusion, this strategic alliance orchestrates a harmonious symphony that not only foretells the future of banking services but actively shapes it. As the sun rises on this innovative partnership, Sunline eagerly anticipates illuminating new horizons in the ever-evolving world of finance.

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About CIMB Vietnam

Established in 2016, CIMB Bank Vietnam is a part of CIMB Group, a leading global bank in ASEAN with extensive experience and expertise in the region. CIMB Bank Vietnam pioneered the digital banking model within the Group’s franchise, making it stand out as one of Vietnam’s leading and forward-thinking digital banks. Headquartered in Hanoi and with a branch in HCMC, CIMB Bank Vietnam offers a diverse array of banking solutions catering to individuals, businesses, and corporations.

About Sunline 

Established in 2002, Sunline is China’s leading provider of banking software and technology services. Since going public in 2012, it has expanded globally with over 6,000 employees serving 800 banking and finance clients. Sunline is a global financial technology leader, continuously innovating its solutions by integrating the latest technology trends with industry best practices to deliver comprehensive and secure financial solutions. With international offices in key financial hubs such as Hong Kong, Malaysia, Thailand, Indonesia, Singapore, and the Philippines, Sunline solidifies its presence in the Asia Pacific financial IT market.

For the banking industry, regulatory data submission is no trifling matter. As regulatory trends grow increasingly evident, banks find themselves grappling with demands for detailed, comprehensive, and high-frequency regulatory compliance, with exacting standards for data quality.

Historically, banks have encountered numerous pain points during data submissions. Issues such as doubts regarding data authenticity, lagging timeliness of submissions, discrepancies in regulatory interpretation, disparities between detailed and aggregated data, inefficiencies in temporary regulatory task execution, and sluggish cross-domain data linkage have posed significant challenges to banks in regulatory adherence.

Hence, the urgency of establishing a unified regulatory data framework is palpable.

 

In recent times, certain banks in Jiangsu and Zhejiang provinces in China have proactively responded, initiating development plans for novel reporting systems. Among these, a leading city commercial bank in Jiangsu is currently handling data in the reporting area of the “Unified Reporting System,” offering desensitized data loaded into the trusted area. Meanwhile, a rural commercial bank leverages its data warehouse to supply data for “Unified Reporting System” submissions through a regulatory data mart. Simultaneously, a city commercial bank in Zhejiang has achieved efficient and high-quality data reporting by crafting the “Unified Reporting System.”

Sunline deeply involved

 

What’s heartening is that the pilot construction of the “Unified Reporting System” in the aforementioned three banks in Jiangsu and Zhejiang provinces deeply involves Sunline. As a specialist in the realm of data submission, Sunline has been deploying equipment and building systems in multiple pilot banks since the commencement of the “Unified Reporting System” pilot. Through several project validations and product iterations, Sunline’s “Unified Reporting System” solution has been refined, empowering financial institutions to achieve comprehensive construction of the “Unified Reporting System,” encompassing both the reporting area and trusted area, while fully meeting the latest trial version of the “Bank Unified Reporting System Regulatory Data Collection Interface Standard (Version 2.0).”

Sunline’s “Unified Reporting System” boasts a plethora of advantages:

 

• Seamless integration of regulatory data: Sunline leverages a unified regulatory data mart to realize one-time collection and multiple reuse, mitigating inconsistencies between different reporting systems.

• Rapid deployment: Sunline’s solution facilitates one-stop configuration and reporting via a unified regulatory reporting platform, expediting the rollout of “Unified Reporting System” functionality.

• Comprehensive data quality monitoring: Built upon comprehensive and rich data quality validation rules, Sunline’s solution ensures thorough data validation and monitoring throughout the reporting process, meeting data quality requirements amidst high-frequency reporting of the “Unified Reporting System.”

• Abstraction of technical details: Sunline abstracts technical intricacies by furnishing standard service interfaces, bridging the regulatory end and the institution’s trusted area, thus shielding underlying storage and technical disparities and facilitating service and data interaction.

Looking ahead, the “Unified Reporting System” is poised to achieve integration, connection, and seamless transition with reports such as EAST, 1104, and customer risk. The nationwide promotion speed and version upgrade pace have entered the fast lane, presenting significant challenges to financial institutions.

 

To ensure the high quality and timely rollout of the “Unified Reporting System,” Sunline’s solution is grounded in professional implementation methodologies, offering comprehensive implementation services encompassing new policy interpretation, overall construction planning, data quality assessment, and business and technical integration. This aids clients in swiftly and efficiently erecting the “Unified Reporting System” regulatory data collection platform, meeting regulatory requisites including reporting standardization, timeliness, flexibility, high performance, and fundamental environmental construction.

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About the “Unified Reporting System”

 

Led by financial regulatory agencies, the “Unified Reporting System,” trialed in Zhejiang Province in 2021, conducts intelligent supervision trials. This system, by establishing unified regulatory data standards covering all banking businesses, furnishes unified validation rules and data extraction rules, while requiring financial institutions to establish a trusted area (reporting area) for regulatory data. This enables regulatory agencies to flexibly access, query, and process data via data services, thereby enhancing regulatory efficiency and ultimately forming a financial supervision data ecosystem, achieving co-construction, sharing, and co-governance.

About Sunline

Established since year 2002, Sunline is the leading banking software and technology services company in China. Public listed in year 2012, Sunline has more than 6000 employees worldwide serving beyond 800 banking and finance customers. As the global financial technology leader, Sunline is continuously reinventing our solutions by integrating latest technology trends with industry best practices to provide comprehensive and secure financial solutions.

Shenzhen, 24 January 2024 – UAB Bank strategically ventured into Sunline Headquarters at the end of January, signalling a collaborative thrust towards advancing financial technology.

 

 

Paving the Future of Fintech

 

In this purposeful exploration, UAB Bank seeks to comprehend Sunline’s technological advancements, aiming for potential enhancements to its financial offerings, and maintaining a steadfast commitment to industry leadership.    Expressing profound interest, UAB Bank is keen to forge a robust big data platform in synergy with Sunline, Huawei, and Golden Rock.    This proactive move underscores UAB Bank’s dedication to pioneering innovative financial solutions.

Tripartite Collaboration for Myanmar’s Financial Frontier

Alvin Law, Founder and Managing Director of Myanmar Golden Rock(Left), in a photo with Amelia Xu(middle), Executive Vice President of the Sunline Group cum Sunline Holding’s Chairman cum CEO, and Xionglin(right), CEO of Sunline Data (a subsidiary of Sunline Group).

Jack Wang, Regional Sales Director at Sunline Holdings, expresses enthusiasm as he envisions the establishment of synergies and the exchange of expertise.     He states, “Sunline eagerly anticipates a dynamic collaboration with UAB Bank, Golden Rock, and Huawei to propel innovation across Myanmar’s financial landscape.  We are enthusiastic about UAB Bank’s proactive stance in fostering a collaborative environment.”  With a keen focus on innovative possibilities, he emphasizes the strategic significance of partnering with the local entity Golden Rock, highlighting the potential for transformative advancements in Myanmar’s banking sector through this collective effort.

 

Sunline envisions a dynamic future collaboration with UAB Bank to fortify the partnership and explore novel horizons. This signifies an unwavering commitment to nurturing collaboration, marking a significant stride towards realizing their shared vision for pioneering financial solutions. As leaders converge, the industry expects a deeper exploration, fortifying the groundwork for a transformative future in Myanmar’s financial sector.

 

UAB Bank’s visit is deeply appreciated, and we look forward to the collaborative journey ahead.

 

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About UAB Bank 

UAB Bank, a leading Myanmar institution since 2010, consistently excels in banking, earning titles like ‘Myanmar’s Best Bank.’ Adaptable to regulatory changes, it holds top ranks in employee satisfaction and corporate responsibility. With 85+ branches, it provides comprehensive financial services. Committed to positive impact, UAB Bank drives change through initiatives like “Be The Change Myanmar” and the UAB Foundation (est. 2020).

About Myanmar Golden Rock 

Myanmar Golden Rock International Co., Ltd. (MGR), formerly Accel International, emerged in 1995. As the exclusive distributor for Canon in Myanmar since 1995, MGR expanded to represent various global brands by 2003. Prioritizing service excellence, MGR positions itself as a total solution provider, offering reliable products and premium after-sales service in banking, telecommunications, and imaging.

About Sunline

 

Established in 2002, Sunline is China’s leading provider of banking software and technology services. Since going public in 2012, it has expanded globally with over 6,000 employees serving 800 banking and finance clients. Sunline is a global financial technology leader, continuously innovating its solutions by integrating the latest technology trends with industry best practices to deliver comprehensive and secure financial solutions. With international offices in key financial hubs such as Hong Kong, Malaysia, Thailand, Indonesia, Singapore, and the Philippines, Sunline solidifies its presence in the Asia Pacific financial IT market.

Looking back at 2023, the collaboration between Everbright Bank and Sunline has been truly fruitful. Following the successful bid for the loan core project in the first half of the year, Sunline recently secured the deposit core project for Everbright Bank, becoming the sole vendor for the comprehensive core construction of the shareholding bank. This partnership injects new technological advancements and innovative energy into the industry’s digital transformation.

 

Milestone Expertise in Implementing Modeling

Sunline, as the sole vendor with industry-recognized expertise in implementing modeling, leverages its milestone project experience in large state-owned banks. With extensive refinement and optimization, Sunline has gained a comprehensive and systematic understanding of model reconstruction systems, significantly reducing the bank’s derivation process from scratch. This enhancement greatly boosts project efficiency and allows for the reasonable control of bank investment costs.

 

Integration of Advanced Architecture

In core system design, Sunline employs the concept of enterprise-level architecture, standardizing data, interfaces, and service capabilities throughout the construction process. This standardized approach guides the development of peripheral systems, ensuring a seamless integration process. During core implementation, Sunline references advanced industry practices and combines its rich case studies to devise a tailored core construction path for Everbright Bank. This established path substantially enhances Everbright Bank’s delivery capabilities and provides valuable experiential insights for future core deliveries.

 

Seamless Cooperation and Mutual Benefits

The successful collaboration between Sunline and Everbright Bank stems from various factors. Firstly, Sunline’s exceptional technical prowess positions it as the sole vendor with practical modeling experience in the industry. Secondly, every member of the Sunline team embodies a fusion of industry and technology expertise, thoroughly grasping advanced architectures and the bank’s diverse product systems. This alignment effectively guides and propels Everbright Bank’s business layout and technological demands. Additionally, the professionalism and dedication demonstrated by Sunline during the implementation of the loan core project left a profound impression on Everbright Bank.

 

Therefore, the renewed collaboration between Sunline and Everbright Bank not only validates Sunline’s delivery capabilities but also deepens the partnership between the two parties. Sunline will continue to uphold its innovative spirit, integrating cutting-edge technology into Everbright Bank’s core construction strategy, and providing services that are more tailored to application scenarios and adaptable to business development.

 

Conclusion

For the industry, Everbright Bank’s exploration of a modeling core path with distinctive features holds significant importance. With characteristics such as replicability, strong operability, and controllable costs, this path is likely to become a benchmark for subsequent bank core constructions.

 

For Sunline, this core construction represents a milestone, differentiated practice. It diverges from the modeling process of state-owned large banks and instead adopts a core implementation path tailored to true customization. This signifies another strategic step forward for Sunline in exploring the intersection of “data” and “intelligence.” Sunline will actively expand cooperation with more banks and other financial institutions, jointly constructing an open, cooperative, and mutually beneficial financial technology ecosystem.

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About Everbright Bank

Established in 1992, is a nationwide joint-stock commercial bank with its headquarters in Beijing. The bank’s main businesses encompass corporate banking, treasury services, investment banking, wealth management, and mortgage services, among other areas, dedication to providing high-quality financial services to individuals and society at large. Actively responding to the country’s Belt and Road Initiative, China Everbright Bank is accelerating its international development, having already established branches in multiple countries and regions.

About Sunline

Established since year 2002, Sunline is the leading banking software and technology services company in China. Public listed in year 2012, Sunline has more than 6000 employees worldwide serving beyond 800 banking and finance customers. As the global financial technology leader, Sunline is continuously reinventing our solutions by integrating latest technology trends with industry best practices to provide comprehensive and secure financial solutions.

Artificial intelligence has become a strategic cutting-edge technology leading the global financial technology industry’s transformation in recent years. In an era of integrated development of computing power, big data, and cloud-native technologies, artificial intelligence, as one of the hotspots, will continuously spawn new forms and models of financial technology, having a epoch-making significance on the overall development of the industry.

 

Recently, the Shenzhen division final of the Ascend AI Innovation Competition 2023, co-organized by Huawei Technologies Co., Ltd., the Shenzhen Financial IT Innovation Base, and the Kunpeng Industrial Source Innovation Center (Shenzhen) Co., Ltd., has come to a successful conclusion! Sunline’s “Financial Digital Twin Intelligent Negotiation Platform” won the award for the most commercially valuable application in this competition!

 

Sunline’s “Financial Digital Twin Intelligent Negotiation Platform” is based on the Ascend technology platform and applies AI technology to create a business collaboration ecosystem for multi-party cooperation. It constructs a “human-centered” business innovation ecosystem, and through digital twin + multi-person collaboration, supports banks in achieving customer value growth.

 

Personal Participation in Ecosystem Building: Each user is assigned an intelligent agent to provide guidance for achieving individual business goals. Using a banking or enterprise service app as the entry point, users can complete business communications with the support of AI agents, activating the users behind the “accounts” and building a “customer engagement layer.”

 

Mechanism for Rapid Validation of Value: Within the virtual space, new demands are transmitted, negotiation processes are constructed, and the means to satisfy these demands are confirmed before being passed on to the industrial chain. Demand sides are free to express their individual needs, service providers can identify their strengths, and the platform can quickly establish multiple negotiation spaces based on the characteristics of both supply and demand sides, thus completing the validation of demand value and feasibility.

 

Mechanism for Replicating Successful Models: The mechanism involves replicating the final negotiated solutions as a new business model.Executable intelligent contracts are generated based on the negotiation results, and by continuously aggregating similar demands, the bulk replication of business units is achieved.

 

With the power of a spark, we aim to create a prairie fire. Sunline will continue to actively explore application innovation solutions based on Ascend technology, working together with our ecosystem partners to build a strong foundation for the digital intelligence era and unlock the infinite possibilities of artificial intelligence.

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About The Ascend AI Innovation Competition

The Ascend AI Innovation Competition is a top-tier event tailored for AI developers, with the aim of inspiring developers across the industry to craft software and hardware solutions based on Ascend AI technology and products, delve into model algorithms, hasten the fusion of AI with various sectors, and boost the skills of developers. With the theme “Toward a Digital Intelligence Future, Driven by You,” the competition is directed under the guidance of the New Generation Artificial Intelligence Industry Technology Innovation Strategic Alliance (AITISA) and the China Artificial Intelligence Industry Development Alliance (AIIA). It is organized by Ascend Eco-Innovation Centers nationwide, Huawei, and co-organized by the OpenI community, collaboratively advancing with AI developers to propel the large-scale application of AI in industries and lead the next era of AI industry’s future.

About Sunline

Established since year 2002, Sunline is the leading banking software and technology services company in China. Public listed in year 2012, Sunline has more than 6000 employees worldwide serving beyond 800 banking and finance customers. As the global financial technology leader, Sunline is continuously reinventing our solutions by integrating latest technology trends with industry best practices to provide comprehensive and secure financial solutions.

From December 16th to 18th, the 17th Shenzhen International Finance Expo, themed on “Gathering New Dynamics in Finance, Empowering High-Quality Development,” concluded successfully. This year’s Finance Expo was hosted by the Shenzhen Municipal People’s Government, and co-organized by the Shenzhen Local Financial Supervision and Administration Bureau, the Shenzhen Branch of the People’s Bank of China, and the Shenzhen Banking Association, among others. Sunline, as a representative of financial technology companies, was invited to participate. With its brand’s full range of digital intelligence on display, Sunline set up a booth at the Financel Expo, sharing the financial grand event with over 300 enterprises.

 

As a global financial digital consulting and solution service provider, Sunline set up a booth at this year’s Finance Expo with the theme of “Building a Foundation with IT Innovation, Empowering with Digital Intelligence.” The booth comprehensively displayed Sunline’s best practices in the fields of financial core systems, big data, and smart management, and highlighted the newly launched comprehensive digital intelligence financial core solution, continuously attracting the attention and inquiries of visitors.

Full Steam Ahead, Breakthroughs in Digital Intelligence Core Innovation

 

Amid the collision of financial services and digital intelligence technology, banking operations are gradually migrating online, and digitalization has become a new challenge for the banking industry’s development. Sunline continues to increase its investment in research and development, deepen its understanding of business operations, and enhance its technological capabilities, scaling new heights on the path of innovation. Sunline’s comprehensive digital intelligence financial core solution features “enterprise-level modeling, application domain-driven design, modular microservices architecture, and disaster recovery architecture supported by multi-active and IT innovation,” providing a financial-grade, highly available cloud-native digital productivity. By integrating intelligent tools, it achieves the goal of “born in the cloud, grown in the cloud” for banking core applications, leading rapid innovation in financial scenarios.

Showcasing Full-Stack Expertise, Engaging Narratives on Financial Insights

 

The excitement doesn’t stop there. Sunline also showcased three full-stack solutions at the event: digital finance, digital intelligence empowerment, and smart management, all centered on empowering various scenarios.

 

Digital Finance Business: Based on the framework of enterprise-level architecture construction, Sunline has integrated innovation of technology and business, continuously incorporating the latest practices such as “microservices, componentization,” and has formed a family of digital finance products that cover various financial transaction business scenarios. This includes core businesses, credit businesses, card businesses, and channel businesses, meeting the comprehensive needs of financial institutions for digital transformation.

 

Smart Management Business: Sunline is dedicated to driving the digital transformation of financial institutions’ financial management. We comprehensively innovate the system for customers to set, measure, evaluate, analyze, and apply value data objectives. With the integration of business and finance and strategic financial management as the core orientation, we provide customers with forward-looking, comprehensive financial value management solutions.

 

Big Data Business: Based on its deep accumulation in the financial industry, Sunline has created an integrated data solution that encompasses data planning, data backend, data middle office, data applications, and data asset management. From the process of business datafication, data assetification, asset servicefication to service businessfication, it comprehensively activates the potential of data elements, creates a closed loop of data value, and empowers the digital transformation and high-quality development of financial institutions.

 

Based on over 20 years of technological accumulation and a wealth of scenario practice advantages, Sunline has become a financial company with the most comprehensive product portfolio in the industry. This includes new core systems, a full set of business applications, a full set of data management tools, and a full technology stack, meeting the needs of the financial industry’s overall digital intelligence transformation with five complete product systems. Moreover, having been tested by more than 800 financial institutions, Sunline is even more capable of completing the integration and reuse construction of the bank’s organizational-level capabilities.

 

In the future, Sunline will continue to adhere to technological innovation-driven development and global empowerment without compromise. We will provide convenient, intelligent, and personalized financial services to financial institutions with higher quality and more efficient digital intelligence products and solutions, offering new momentum for the industry’s entry into the era of digital intelligence.

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About Shenzhen International Finance Expo

 

The Shenzhen International Finance Expo (hereinafter referred to as “SIFE”) is an important branded exhibition hosted by the Shenzhen Municipal People’s Government. The exhibition aims to promote the optimization of Shenzhen’s industrial structure and the rapid and stable development of its social economy, build a bridge for communication and cooperation between Shenzhen and the rest of the world, create a favorable international investment and financing environment, enhance global resource allocation capabilities, and support the construction of the international financial hub of the Guangdong-Hong Kong-Macao Greater Bay Area. During the exhibition, various professional forums and matchmaking events will be held to promote exchanges and cooperation in the financial industry.

 

About Sunline

 

Established since year 2002, Sunline is the leading banking software and technology services company in China. Public listed in year 2012, Sunline has more than 6000 employees worldwide serving beyond 800 banking and finance customers. As the global financial technology leader, Sunline is continuously reinventing our solutions by integrating latest technology trends with industry best practices to provide comprehensive and secure financial solutions.

The 2023 (6th) Industry Information Technology Application Innovation Conference, themed “Digital-Physical Integration, Empowering Omniscene Services” was held in Beijing. Top industry information technology enterprises, experts, and scholars gathered to discuss the new landscape of full-scene services through the integration of digital and reality.

 

During the conference, CCIDNET announced the “2023 Industry Information Technology Application Innovation Achievements” and Sunline’s new generation of cloud-native financial core business system won the 2023 Financial Institutions Digital Transformation Innovation Solution Award.

Sunline’s new generation of cloud-native financial core business system is designed with a “customer-centric” business architecture, taking “products as the main thread” and “data as the driver.” Guided by an enterprise-level architecture and relying on a self-owned, secure, and reliable modular distributed architecture + microservices architecture + cloud-native combined distributed solution, it can handle agile and variable business scenarios and business fluctuations while being infinitely horizontally scalable to meet the high concurrency and user experience demands of the internet era. Additionally, it has the flexibility to split microservices, allowing for the decoupling of modules and independent deployment, realizing loosely coupled basic microservices such as customer center, product factory, pricing factory, accounting platform, and public operations, as well as business microservices like deposit and loan services. Furthermore, the new generation distributed core business system supports flexible deployment and multi-active deployment in different locations, supports online and offline integration, and has good compatibility and platform independence, as well as strong business innovation capabilities. By adopting the concept of cloud-native upgrades and combining it with the existing business forms of banks, it can meet the needs for rapid product iteration and information technology innovation for financial industry customers. It has already been implemented in many banks and recognized by major state-owned banks.

 

Winning the 2023 Financial Institution Digital Transformation Innovation Solutions Award fully demonstrates Sunline’s strong capabilities in R&D innovation, deepening scenarios, and promoting implementation. In the future, the company will continue to integrate cutting-edge information technology to empower the transformation of the financial industry, where scenarios meet the future, driving innovation and development in the application of information technology.

 

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About CCIDNET

 

CCIDNET is an authoritative online media under the China Center for Information Industry Development (CCID Group), a directly affiliated organization of the Ministry of Industry and Information Technology. Founded in March 2000, it adheres to the philosophy of “professionalism creates value” and “integration of industrialization and informatization”, aiming to build a comprehensive IT information service platform based on interactive media and supported by value-added services such as China Market Intelligence Center, CCID Education, and CCID Wireless. CCIDNET has become a leading vertical portal dedicated to the information technology industry and providing a comprehensive industrial service chain. With a large number of registered users and daily visits, it has become an important source of information and communication platform in the industry.

 

About Sunline

 

Established since year 2002, Sunline is the leading banking software and technology services company in China. Public listed in year 2012, Sunline has more than 6000 employees worldwide serving beyond 800 banking and finance customers. As the global financial technology leader, Sunline is continuously reinventing our solutions by integrating latest technology trends with industry best practices to provide comprehensive and secure financial solutions.

Sunline has been awarded the titles of “Excellent Software Product” and “Benchmark Case.”

 

Recently, through the selection process by the Expert Committee of the Shenzhen Software Industry Association, Sunline’s independently developed “Sunline LTTS Banking Core Business System Software” was named an excellent product recommended by the Shenzhen software industry for 2023. Moreover, the case of “China Postal Savings Bank Distributed Core Business System” was recognized as a benchmark case.

This activity is in accordance with the spirit of documents such as the “National 14th Five-Year Plan” and “Shenzhen’s Measures to Promote High-Quality Development of the Software Industry.” Through a series of processes including enterprise applications, data review, and expert evaluation, a selection of excellent software products and benchmark cases in Shenzhen is being promoted. The aim is to build a repository of famous software brands in Shenzhen, enhance the brand clustering effect of the software industry, and drive the high-quality development of Shenzhen’s software industry.

 

Hardcore technology combined with high-quality delivery shapes industry leaders

 

Hardcore Technology

 

Sunline LTTS Banking Core Business System Software utilizes industry-leading proprietary technology to construct a brand-new “microservices + modularization” architecture. It supports flexible service-level composition and deployment, as well as unlimited dynamic scalability of modular units, meeting the explosive growth needs of banks’ future business development. With its capabilities in development, business, and technical agility, it enables rapid innovation of financial products and helps transition the transaction-driven accounting system to a customer-centric service model. Ultimately, it allows the core business system to truly become a source that actively empowers banks in digital transformation and innovation.

 

High Performance: Based on the Huawei ecosystem and relying on the diverse computing power of ARM + x86, continuously injects vitality into Sunline’s distributed core system;

High Scalability: Microservices distributed framework technology allows for elastic and dynamic scaling of service nodes, meeting the processing requirements of massive business pulse;

Low Cost: Containerized deployment solutions greatly improve the deployment efficiency of core application software, reducing overall operational costs;

High Availability: Utilizing Huawei’s operations management platform, combined with DevOps functions, creates a unified research and development, testing process, making application construction more flexible, fully automated, and more secure and reliable;

Security: Creating a new ecosystem of chips, hardware servers, and operating systems fully realizes security and control, ensuring the safe and stable operation of data in China’s financial industry.

 

High Quality Delivery

 

Building on years of innovative practice in the core system domain, Sunline has been deeply involved in the construction of China Postal Savings Bank’s new core technology platform. The platform features an advanced modular microservices architecture design, with microservices providing elastic scalability and standard deployment of modular architecture units enabling horizontal scaling for an infinitely scalable structure. Boasting high availability, reliability, performance, and strong consistency, it fully supports the bank’s vast transaction and data needs, effectively backing the bank’s “five transformations” business demands and significantly aiding in the rollout of Postal Savings Bank’s retail strategy.

 

Amassing the strength of software and reinforcing the groundwork of digitalization, Sunline will persist in propelling business model revolution through technology, offering a valid route for the digital transformation of additional financial establishments in the epoch of the digital economy.

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About Sunline

 

Established since year 2002, Sunline is the leading banking software and technology services company in China. Public listed in year 2012, Sunline has more than 6000 employees worldwide serving beyond 800 banking and finance customers. As the global financial technology leader, Sunline is continuously reinventing our solutions by integrating latest technology trends with industry best practices to provide comprehensive and secure financial solutions.

Sunline has successfully secured the contract for the distributed core infrastructure technology platform construction project of Huaxia Bank, thanks to its mature project implementation plan, outstanding technical service capabilities, and comprehensive requirement understanding.

 

Sunline will collaborate with Huaxia Bank on the construction of its distributed core infrastructure technology platform, focusing on areas such as access routing, components/middleware, data services, system deployment, multi-core architecture support, and disaster recovery. In conjunction with the bank’s overall design plan, Sunline will also participate in the joint development of core frameworks for online applications, end-of-day batch processing, and 7*24-hour operations. This collaboration aims to help Huaxia Bank establish a solid foundation for its enterprise-level distributed core technology platform, reducing the complexity of business application development and ensuring the secure, stable, and efficient operation of distributed core applications.

 

As a leading core system vendor in the industry, Sunline has accumulated rich practical experience in the construction of distributed technology platforms, and has received positive reviews for its delivery in several joint-stock banks and top city commercial banks. Sunline has a deep understanding of customer needs and recognizes the significant importance of distributed technology platforms for banks in building core systems. These platforms can enhance system availability, fault tolerance, security, scalability, and elasticity. With the continuous advancement and innovation of distributed technology, banks can use this platform to continuously optimize their core systems, adapting to the rapid changes and innovative demands in the financial sector. This, in turn, helps banks to provide more stable, secure, and efficient financial services. Only with the reliable infrastructure services provided by the distributed core technology platform can future core systems and other business systems have more room for personalized development.

 

Facing the wide range of issues and challenges involved in distributed technology systems, such as the complexity of the system, data consistency during demand delivery, network communication, distributed storage, distributed task scheduling, and more, Sunline has unified tools and services in its solutions for the distributed core technology platform. By abstracting away the underlying technical implementation details, Sunline enables developers to focus more on the realization of business logic. This approach reduces the difficulty of application development and maintenance, improves developer efficiency, decreases the probability of errors in application development, and shortens the demand delivery cycle. It also fosters an ecosystem of distributed technology capabilities for core systems, allowing for rapid and flexible responses, and enhancing the core system’s ability to support specialized business features.

 

After years of technological innovation, distributed technology platforms have begun to emerge as one of the new infrastructures supporting the digital transformation of banks. By establishing the underlying infrastructure of distributed technology platforms, banks can implement key technologies such as big data and artificial intelligence, which in turn support the realization of various digital transformation scenarios.

 

With its extensive experience implementing projects for major and medium-sized banks, Sunline has accumulated a wealth of technical and practical capabilities. Relying on iterative technology upgrades, Sunline will provide banks with more comprehensive and complete technical services. This will help banks overcome technical barriers, better adapt to the ever-changing market and competitive environment, and accelerate their digital and intelligent transformation process.

 

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About Huaxia Bank

 

Huaxia Bank, a nationally renowned joint-stock commercial bank, has been a trusted financial partner in China since its establishment in 1992. With a commitment to providing exceptional customer service and innovative financial solutions, the bank has grown to become a significant player in the nation’s financial sector. Huaxia Bank offers a comprehensive range of products and services, from personal banking to corporate banking and investment banking, tailored to meet the diverse needs of its customers. Its nationwide network of branches and advanced technological infrastructure enable Huaxia Bank to deliver efficient and reliable financial solutions, contributing significantly to the economic growth and development of China.

 

About Sunline

 

Established since year 2002, Sunline is the leading banking software and technology services company in China. Public listed in year 2012, Sunline has more than 6000 employees worldwide serving beyond 800 banking and finance customers. As the global financial technology leader, Sunline is continuously reinventing our solutions by integrating latest technology trends with industry best practices to provide comprehensive and secure financial solutions.