Category: News

Recently, the hybrid 2022 New Generation Information Technology Integration Innovation Cloud Summit with the theme “Integrated Application, Innovative Development” was held successfully. The event also released the results of the “2021 Digital Technology Innovative Application and Solutions” to commemorate the excellent solutions and application demonstration cases. Sunline’s “Distributed Core Business System” has won the “2021 Digital Technology Integrated Innovation Application” and “Single Technical Innovation” awards by virtue of its technological advancement, application demonstration and industry promotions.

The summit was jointly organized by the Cyber Security Industry Development Research Center of the Ministry of Industry and Information Technology, the Tianjin Bureau of Industry and Information Technology, the Jiangsu Provincial Department of Industry and Information Technology, and the Office of the Leading Group for Digital Fujian Construction in Fujian Province. Focusing on cutting-edge technologies, product innovations and application practices in China’s information technology field, the summit convened participants to jointly explore a new generation of information technology integrations and application innovation development mechanisms to build an efficient integration and innovation achievement exchange and docking platforms together, promoting the high-quality development of a new generation information technology industry. The General Office of the International Liaison Department of the CPC Central Committee, Information Center of the Central PR Department, academician of the Chinese Academy of Engineering, representatives of financial institutions such as Industrial and Commercial Bank of China and China CITIC Bank, as well as experts and academics in the fields of energy, transportation and telecommunications attended the meeting.

In the speech session of the financial forum on digital transformation, upgrading, innovation and development of the industry, Sun Shisheng, Deputy President of Sunline, shared the successful cases of Sunline’s new ecosystem and introduced how Sunline has built a distributed core banking systems in recent years and successful implementing in China CITIC Bank, Ping An Bank, Zhangjiagang Rural Commercial Bank, Kunshan Rural Commercial Bank, Fujian Strait Bank, Yunnan Hongta Bank and other customers.

Being selected as a distinctive solution for information technology application innovation in 2021 marks a double affirmation of Sunline’s ability to achieve technological breakthroughs, promotion and demonstration value in the production of distributed core banking systems based on a new ecological basic software and hardware platform. As the industry changes over the century, technology should be self-improving and Sunline will continue to work hard in the future to help “speed up” China’s Credit Innovation ecosystem and contribute to develop its core strength!

The first Huawei Partner & Developer Conference 2022 with the theme of “Born by Gathering, For What You Can Do” was a hybrid forum gathering partners and global developers to seize new digital opportunities and win in the future era of digital intelligence. As a partner of Huawei, Sunline was invited to attend the conference attend and was once again awarded the “Kunpeng High Flying Award for Computing Business” and “Smart Data Outstanding Contribution Award” accolades.

As a digital pioneer and leader in the financial field, Sunline has joined the Huawei’s openGauss community and Euler’s open-source community, deepening the collaboration of Huawei Cloud’s ecosystem through the full integration with Kunpeng Taishan server and Huawei GaussDB.

The collaboration between Sunline and Huawei has entered an all-round, multi-level and wide-ranging development stage, with two-wheel drive and full-stack integration in domestic and foreign markets. At present, multiple solutions such as the full-stack distributed core banking system and financial integration data warehouse based on the Kunpeng ecosystem have been launched one after another, and have been rapidly promoted and implemented in many domestic financial institutions such as joint-stock banks and city commercial banks. At the same time, both parties have also actively collaborated to export China’s smart financial capabilities overseas, and released joint digital banking solutions to continue to contribute to the digital transformation of the global financial industry.

In the future, Sunline will continue to deepen enterprise digitalization, build strong capabilities, continuously innovate, explore and practice technological innovation, and collaborate with more ecological partners such as Huawei to carry out multi-dimensional and multi-angle cooperation to further strengthen the ecosystem.

Recently, Sunline won the capital management information system upgrade and transformation project for Jiugang Group Finance Co., Ltd. (thereafter referred to as Jiugang Finance), supporting the rapid development of its various financial businesses and marking a major breakthrough for Sunline setting footprints in the financial company market in China’s Northwest region.

The fund management information core system is the most important IT infrastructure of a finance company because it not only carries the heavy responsibility of centralizing managements of the group’s funds, but also provides service support for various financial businesses of the company. At present, the rapid development in the entire financial industry and the application of new technologies, to a certain extent, forces the rapid digitalization in financial companies.

Jiugang Finance was established in February 2011 with a registered capital of RMB 3 billion for the purpose of strengthening centralized management of funds and providing comprehensive financial services for its member companies. Jiugang Group is a pioneering diversified modern enterprise group with the largest scale steel products manufacturing and distribution in China’s Northwest region, with prestigious accolades including being the Top 500 Chinese Enterprises and Chinese Manufacturing Enterprises.

Starting from 2020, Jiugang Finance has spent two years in the selection process for its core system vendor through various methods such as invitation, communication, comparison, and analysis of a number of core system vendors in the industry to explore the best systems and solutions for financial companies. During the process, vendors were asked to build a system testing platform to allow Jiugang Finance to fully participate in system testing, analyze and refine the advantages and disadvantages of each system while also providing business references for the system selection. Jiugang Finance also visited and inspected many well-known financial companies in the industry to understand the benchmark for core system constructions and applications.

After a long period of analysis and peer research, Jiugang Finance believes that they should introduce the IT construction ideas and architectural planning schemes of commercial banks, and build a new generation financial company fund management system with the system construction concept of “small core + large peripheries”, becoming the first to construct such core systems in the financial company industry.

Sunline’s solutions for financial company are based on Sunline’s core banking products, using advanced technology platforms and underlying structures to develop settlement, credit, bills, foreign exchange, bank-enterprise, etc. that support the business of financial companies. This forms a comprehensive solution for financial companies. More importantly, this solution fully adheres to the loose coupling idea of “small core + large peripheries”. Each module is relatively independent and can be freely combined and matched. In this way, the liberty to choose system construction is truly given to the customer.

In addition, the advanced concepts and business innovation mechanism of Sunline’s financial product factory will enable Jiugang Finance to develop new financial products in a highly parameterized and componentized way in the future, shorten the launch cycle of new products, and reduce the repeated construction investments of its system and technology, allowing the finance company to respond more quickly to the needs of users and supporting new business developments.

The collaboration of Sunline and Jiugang Finance is a win-win. Sunline’s industry-leading technology and experienced team will contribute and give greater value to the new core system of Jiugang Finance.

Established 20 years ago, Sunline seized opportunities and averted challenges;

After 10 years of its listing, Sunline has been true to our investors and customers, gaining attention and confidence.

True to Our Original Aspiration, Together for Our Shared Future!

On June 25, 2022, Sunline ushered into our 20th establishment anniversary and 10th listing anniversary. The hybrid grand event conference brought together more than 6,000 Sunline employees from all over the world to share the delight.

At 2:00 p.m., the Chinese and English simultaneous live broadcast rooms first ignited the atmosphere of the conference.

 

To start of the conference, Chairman Mr. Wang first recalled the 20-year journey from the founding of Sunline, recollecting how the first batch of employees focus on their own innovation, the determination to empower customers and the belief in leading the development of the industry. Their determination and persistence have inspired every Sunliner today.

 

Next, President Mr. Li gave a speech on the operations of the Group. In the past year, Sunline has developed steadily, with a win rate higher than that of its peers. The market share and share of large financial institutions have remained stable. In the small and medium-sized banks market, our position was further consolidated. Financial services business, data business and overseas business all achieved rapid growth.

 

Since the listing of Sunline 10 years ago, our performance in the capital market has been remarkable. Ms. Xu, Secretary of the Board of Directors, shared the strategy of Sunline to maintain steady development, emphasizing that with the optimized layout of the company’s strategy, Sunline will continue to improve in the future and bring more returns to investors.

 

The conference also broadcasted the wishes from customers and investors. One of the investor representatives said that he not only has a firm optimism for Sunline, but also sincerely believes that Sunline will achieve greater breakthroughs and development.

 

The brilliant achievements of Sunline in the 20 years since its establishment, in the words of Chairman Mr. Wang: “It not only depends on the support of national policies, the rapid development of the industry, the trust of customers and investors, but also the support of every Sunliner through their hard work and sweat”.

The conference specially set up the awards for employees who have stood together with Sunline for 20, 10 and 5 years, expressing respect and gratitude to the old-time employees as well as awarding the annual outstanding managers, outstanding project managers, best newcomers, outstanding employees, outstanding teams, and special contribution awards.

As sung in the theme song “Starting from the Heart” for the company’s 20th anniversary celebration, “We always believe we stay side by side, never given up our original mission.”

Standing on the financial technology reformation platform, Sunline will continue to grasp the trend of the times, creating a brighter future.

On June 16, the Huawei Kunpeng Developer Summit 2022 was grandly held in Shenzhen. At this conference, Sunline’s LTTS Distributed Core Business Solution won the “Computer Business Kunpeng Flying Soaring Award”.

(Kunpeng Selected Solutions Award Ceremony)

Kunpeng Developer Summit 2022 is the first annual flagship event for full-stack developers in the computing industry. Through in-depth analysis of industry technology leaders, thought leaderships sharing, and interactive guidance from on-site technical mentors, developers were able to fully understand Kunpeng’s full-stack technology, latest releases, practical cases, and resources support, sharing extraordinary achievements.

Sunline’s LTTS Distributed Core Business Solution based on Kunpeng compatibility verification and full-stack optimization, is built on the concepts of customer-centric, business parameterization, multi-legal, product factory, interest rate marketization, rate parameters, committed to solving the problems faced by the bank’s legacy core system and fully meeting the bank’s future business development needs and at the same time realizing performance competitive advantages. At present, the program has won the Kunpeng Validated Technology Certification and Bronze Award at the Kunpeng Application Innovation Competition in 2021.

Relying on excellence, efficiency and agile implementation teams with professional and high-quality service concepts, Sunline has successfully partnered with nearly 100 banks such as Ping An Bank, Zhangjiagang Rural Commercial Bank, and China CITIC Bank, building robust core banking systems for them. The digital transformation process of banks has injected life at the source, promoting innovation and development of China’s financial industry.

Sunline has always insisted on independent research and development for the 20 years of our establishment, with innovation as its core and technology as its starting point, leading the development of the industry all the way. In the future, the company will continue to deepen cultivation in the financial field, forging stronger collaboration with ecological partners such as Huawei to give full play to the values of building an ecosystem together, and drive the in-depth development of the innovation-led industry.

Recently, Sunline has made yet another new breakthrough in the field of financial holding companies, winning the project for a large domestic financial holding company to provide wealth management platform digital basic implementation services. The digital infrastructure implementation service of the company’s wealth management platform will equip the company with data capabilities and drive wealth management business with data.

Wealth management business has the characteristics of high profit margin, low capital occupation and strong stability. In recent years, it has become the key direction of strategic transformation of financial institutions. As the first batch of approved financial holding companies in the country, a large financial holding company took the initiative to seize the growth opportunity of the wealth management market and launched the digital infrastructure implementation service project for its wealth management platform. Relying on excellent solutions and rich practical experience, Sunline stood out from many competitors and won the project in one fell swoop!

As the foundation for the construction of the wealth management platform, the digital foundation project aims to build three capabilities, which includes customer insight capability, digital management capability and data fundamental capability:

·   Customer insight capabilities come from building a unified customer profile and value evaluation system from the perspective of the group to provide customer insight and analysis capabilities, as well as exploring customer needs.

·   Digital management capabilities integrate important wealth management indicators of various financial subsidiaries to form a unified business decision-making system with indicators as the starting point and realize management of business indicators with the help of automated and intelligent performance tracking and management tools.

·   Data basic capabilities realize the collection and integration of subsidiary data and financial control data, build a unified data foundation, and realize the management of data assets.

Based on the project construction needs of the financial holding company, Sunline will combine its long-term accumulated leading practices in the data field to help customers build the solid data capabilities and lay a strong foundation for the construction of a comprehensive financial wealth management system.

As an important organizational part of China’s financial system, the digital transformation of financial holding companies is imperative. In the future, Sunline will continue to polish our products and solutions to always be prepared from business digitization to digital assetization and activate the potential of data elements of enterprises, ultimately promoting the high-quality development of financial services of financial holding companies.

Recently, the new core system of Yunnan Hongta Bank was officially launched. This project actively responded to the policy orientation of localization, and created a practical precedent for Sunline’s V8 core system to be deployed in a city commercial bank with a domestic distributed database + cloud platform.

Strategy drives change

Yunnan Hongta Bank laid out its digital transformation earlier, focusing on the a two-wheel-driven strategic development idea of an “industrial bank + technology bank”, to provide customers with personalized, intelligent scenario-based innovative financial services with a total asset scale of more than RMB 140 billion. In 2020, Hongta Bank won the IDC China Digital Transformation Excellence Award under the “All-round Experience Leader” and the IDC China Financial Industry Innovation Award under the “Inclusive Financial Technology Application Scenario”.

Under digital financial services trend, mobile payment scenarios, and inclusive development of financial services, the core system of banks faces the challenges of massive transactions, large-scale scenarios as well as 24×7 uninterrupted services; requiring high performance, high availability, low operating cost and scalability. With the continuous expansion of the bank’s operating scale, the scenario-based and ecosystem development, the improvement of users’ needs and experience, the core system of the bank also need to be able to respond to banking business innovation more quickly, efficiently and accurately.

Innovation to improve services

In March 2021, Yunnan Hongta Bank launched the construction of the new generation core system. After comprehensively considering the characteristics of the current business, the infrastructure capabilities of the Bank and the needs future development planning, the “cloud computing + microservices + distributed” architecture was adopted.

Sunline won the bid and started the project in April 2021. It has fully reconstructed the business and technical architecture of the original core system, and has undertaken the construction of the general ledger system and the transformation of some data systems. A new distributed architecture that ensures high availability and flexible horizontal expansion can support the Bank’s business and strategic development in the next 8-10 years.

After the new core system is put into operation, Yunnan Hongta Bank has the capability of serving 100 million customers and a daily transaction volume of RMB 100 million, capable of processing about 500,000 average online transactions per minute and an average transaction response time of no more than 300 milliseconds. It can achieve comprehensive services to the greatest extent. The construction of the new system fully reflects the customer-centric concept, allowing customers to enjoy efficient, convenient and diversified financial services, bringing Yunnan Hongta Bank’s digital financial application capabilities and service levels to a new level through:

·   A new product factory that realizes product componentization, parameterization, configuration and template, greatly improving product configuration capabilities and rapid market launch capabilities, and banking business innovation support.

·  A new pricing factory that flexibly realize multi-dimensional and multi-level pricing support, helping banks achieve differentiated pricing for customers and maximizing the implementation of bank marketing strategies.

·  A more robust account structure to flexibly support an account system that combines virtual and reality, integrating local and foreign currencies to meet the bank’s efficient support for a variety of corporate and personal complex business scenarios with the ability to efficiently expand future businesses.

Team achievements

The Sunline project team adheres to the Sunline spirit of innovation and development, genuine team work and responsibilities. During the implementation process, they actively discussed innovative plans with friends and businessmen, working with external experts to overcome difficulties. The execution ability has won unanimous praise from the leaders and peers in the bank.

Sunline delivered on time in about 13 months. During the project implementation, the team went deep into business scenarios and seamlessly connected with cloud and database manufacturers, injecting new momentum into the overall strategy and digital transformation of the innovation-driven path of Yunnan Hongta Bank.

Great news on the successful launch of the core project for Yunnan Hongta Bank! After 5 rounds of production and a 416-day implementation cycle, this project created a practical precedent for Sunline’s V8 core system to deploy domestic distributed database + cloud platform in a city commercial bank. Cheers!

Recently, the new generation core banking system project of Fujian Haixia Bank has been successfully put into operation. As the main vendor of this project, Sunline has always focus on the “customer-centric, product-oriented, and data-driven” construction concept, providing a new power engine for the high-quality development of the Bank.

The decision to speed up its core change based on long-term development strategy

As a local joint-stock commercial bank, Fujian Haixia Bank has adhered to its original aspirations from generation to generation in its 25-year development history, observing to the market positioning of “serving the local economy, serving small and micro enterprises, and serving urban and rural residents”, striving to explore differences. It has gradually formed a business characteristic and competitive advantage in line with the local economic development. The Bank ranked 53rd in the “Top 100 Fujian Service Enterprises in 2020”, and the brand value has been continuously improved.

The country’s “14th Five-Year Plan” pointed out that creating new advantages in the digital economy and accelerating digital transformation of the financial industry has become the general trend. For the banking industry itself, the legacy cores of traditional banks are mostly unable to adapt to the requirements of the new era with the introduction of a large number of new technologies such as mobile Internet, big data, and distribution. In order to achieve the Bank’s business development goal of becoming the national first-tier city commercial banks, Fujian Haixia Bank must upgrade and optimize its core system and build an information system architecture system that can adapt to the future development trends.

As a leading manufacturer in the core banking field, SunLTTS V8, a new-generation banking core system with a “microservices + distributed” architecture has pioneer the country, becoming one of the company’s sharp-edged products with fully forward-looking business and advanced technology and has been verified and recognized by many banks.

With the knowledge and experience accumulation as well as innovation capabilities in the financial industry, Sunline was awarded the project to construct the new core for Fujian Haixia Bank in January 2021, becoming a competent partner for the Bank on their digital transformation road and working together to start the innovation and replacement of the core system for Fujian Haixia Bank.

With the blessing of innovation-driven, we join hands in a new journey

The new generation core banking project for Fujian Haixia Bank adopts the most mainstream SpringBoot + SpringCloud system, microservices distributed technology architecture on the market, and is equipped with a TDSQL domestic database to build a customer-centric debit card and account management. The system provides a deposit transaction system with 7×24 hours of uninterrupted service for individuals, corporates or customers.

Through layered architecture system of service access layer, platform control layer, service component layer, and database layer, the construction and implementation of the core is realized, greatly improving the development efficiency.

The new system architecture has three major capabilities: horizontal expansion, load balancing as well as service splitting and deployment, maximizing timely, efficient, and accurate handling of various types of business and improving the level of risk prevention, control and operation management of the Bank, ultimately enhancing customer experience level.

After 14 months of hard work, the project was officially launched on May 3, 2022. The new core, accounting and general ledger systems, as well as data standards and data warehouses were deployed simultaneously. The smooth launching of the project has also opened a new chapter in the high-quality development of Fujian Haixia Bank, in which the daily batch running has been reduced from 1 hour to about 10 minutes while the quarterly interest settlement has also been reduced from 3 or 4 hours to 30 minutes. The performance of the new core far exceeds the Bank’s legacy core, helping the Bank minimize operating costs while maximizing efficiency and risks.

In the era where digital transformation has become the main theme, Sunline has been a preferred vendor for many banks in China with not only knowledge and experience in core financial fields for 20 years but also a deep understanding of the banking businesses and rich implementation experience in providing core system solutions for nearly 100 banks, creating one benchmark project after another in the core system of banks. In the future, Sunline will continue to use professionalism and innovation to lead the development direction of the core system by continuing to actively embrace the transformation of financial technology and drive our future development with professional innovation.

Recently, Fintech Innovation in China released the 4th Financial Data Intelligence Solution Award and Sunline’s Data Asset Management Platform and Intelligent Supervision Platform respectively won the “Excellent Solutions for Data Governance and Data Platform Innovation” and “Excellent Solution for Supervision and Compliance”, further verifying the innovation and intelligence of Sunline’s products and solutions. At present, Sunline has won the Financial Data Intelligence Solution Award for two consecutive years.

(Photo source: Financial Data Intelligence Solution Award)

The selection of “Financial Data Intelligence Solution Award” is sponsored by Fintech Innovation in China and supported by the Global Institute of Financial Professionals (GIFP). The requirements of the industry plus the advancement and excellence of the solutions were used for reference, are gradually becoming an important reference for the selection of projects in the data intelligence field of various financial institutions.

Highlights of the Intelligent Supervision Platform Solution Interpretation

In the era of strict supervision, the requirements of the regulatory authorities on the data quality and business compliance of financial institutions are constantly increasing. Sunline’s intelligent supervision platform can meet the needs of the financial industry for regulatory reporting, unify the regulatory portal, and provide financial institutions with a one-stop regulatory reporting services. At the same time, the product has strong scalability and realizes “one-click upgrade and rapid deployment” to quickly respond to frequent adjustments of the regulatory system.

Based on the new situation of comprehensive and high-quality strict supervision, Sunline’s intelligent supervision platform can better help financial institutions solve pain points such as big data volume, handling difficulty, poor data quality and rectification issues, frequent system changes and upgrade limitations, which turns the complex and tedious supervision and reporting into an easy, efficient and accurate process.

At present, the plan has been implemented in nearly 100 financial institutions including direct-selling banks, joint-stock banks, city commercial banks, private banks, and financial companies.

Interpretation of highlights of data asset management platform

Under the wave of digitalization, data assets have gradually become an important production factor for enterprises. As data becomes more abundant with enterprise application scenarios, it is also becoming more complex and diverse. Data management and value mining have become increasingly complex and difficult.

Sunline’s data asset management platform focuses on managing and maximizing the use of data, centers around visualization and intelligence, and adopts the design concept of microservices and loose coupling to provide financial users with intelligent inventory of data assets and data standards. One-stop governance of construction, data quality, data security policy management and control, data link visualization display and other functions, helping financial institutions capitalize data and provide services for assets, further enhancing financial institutions’ data asset management capabilities, improve financial institutions’ data services capabilities, and continue to release the value of financial institutions’ data assets.

As a fintech leader who has been deeply engaged in big data business for many years, Sunline has obtained the copyright of Sunline’s Data Asset Management System V4.0 through continuous iterative upgrade of the data asset management products based on its rich experience in consulting and implementation projects in the field of data assets, and providing a landing data asset management platform for the normalization of data asset management in banks, securities, insurance, financial companies and other industries.

In the era of big data, Sunline will continue to use its technological advantages of self-innovation and research, integrate industry experience and data intelligence technologies to output better products and solutions and build new chapter in the era of digital intelligence!

The development of asset management companies has entered a new normal. While focusing on the main business to resolve financial risks, achieving high-quality development through transformation is a top priority. Local asset management companies need to constantly innovate to better serve economic development in the new environment and at the same time promote their own development in order to seize future market opportunities.

Sunline Asset Management has already made a long-term planning layout

As early as 5 years ago, Sunline started to deploy its solutions for the asset management industry, relying on its rich IT service experience in the financial field and established a special business line with a team of more than 200 people.

At present, the asset management solutions independently developed by Sunline have been successfully implemented in more than 20 domestic asset management companies, covering banks, five major asset management companies, local AMC companies, investment companies, including Cinda, Huarong, Yuecai Assets, Industrial Assets, Hunan Assets, Fucheng Assets, Zhongyuan Assets, Guangzhou Investment Assets, Henan Assets, Guangzhou Assets, Shenzhen Assets, Jinyang Assets, etc. Sunline’s relevant implementation experience is industry-leading especially in the integration of industry and finance and asset preservation.

Sunline has a deep industry accumulation, and is capable of creating core system solutions that meet the development needs of asset management on the basis of combining the latest development trends of financial technology with digitalization application to help asset management companies improve in a comprehensive technical and business capabilities.

The transformation of local asset management is imminent

Henan Asset Management was established in August 2017 with a registered capital of RMB 5 billion. It is a local asset management company approved by the Henan Provincial Government, filed with the China Banking and Insurance Regulatory Commission with businesses including non-performing asset management, equity investment, financial leasing, and commercial factoring, fund management, etc. As of the end of December 2021, the company’s total assets were recorded at RMB 27.5 billion with managed assets reported to total RMB 48.8 billion.

Since obtaining the qualification for the batch acquisition and disposal of non-performing assets of financial enterprises approved by the China Banking Regulatory Commission, Henan Asset Management has achieved fruitful business development. It is urgent to introduce technological means to improve the company’s work efficiency and management capabilities to meet the needs of business development and the country’s financial strength.

At the end of 2020, Henan Assets went through strict bidding and selection, and finally selected Sunline as the only designated developer of their core system. After 6 months of system design and development with 3 months of system testing, the trial operation will be launched in the fourth quarter of 2021. During the trial operation, the system runs well and stably.

Making more breakthroughs consistently

The construction content of this project involves 16 main functional modules such as customer management, fund management, asset management, and financial management with more than 60 subdivided functional modules. The task of business sorting is arduous as the core business system not only need to connect with the internal fund management of Henan Assets, OA, and financial systems but also external systems such as Qichacha, Qixinbao, Ali Auction, and the People’s Bank of China (if feasible), hence the number of docking systems is huge.

Combining the current situation of Henan’s asset demand and structure planning, Sunline uses advanced technical means to build a core system solution that is in line with the development of Henan’s asset business with:

·       Advanced technology

Combining the latest technical means of Sunline, open-source Spring as the main technical system, distributed microservices technology architecture, front-end and back-end separation design, and supporting localized database deployment, it can fully support the future business development of asset management companies.

·       Operation friendly

The introduction of a professional accounting engine, based on the use of the workflow engine and rule engine, creates a one-stop project operation, de-menu operation, and efficient process core business system that meet the personalized service needs of Henan Assets.

·       Flexible configuration

The project-driven operation mode and the flexible configuration of components are adopted to effectively support various core business operation processes, which are more hierarchical, open and componentized.

·       Digital blessing

The system can connect with external big data, realize digital business operations based on big data applications, big data due diligence, big data risk control, intelligent valuation, etc.

The new core system of Henan Assets realizes the digitalization and mobilization of the whole business process which greatly improves the efficiency of the company’s operation management and process flow, realizes the digitization of all management actions and the automatic issuance of analysis reports, as well as improves management decision-making level of digitization. The construction of the new system has helped Henan Assets business to be fully standardized, streamlined and refined, effectively supporting business development and comprehensively enhancing market competitiveness.

A few days ago, the system was officially launched. Hundreds of customer data, thousands of debtor data, nearly 10,000 asset and guarantee information data have been completed, involving exceeding 300 projects and asset management scale of more than 50 billion. Leadership cockpit, financial statements, risk statements and other modules were implemented, providing strong data support for the company’s strategic decision-making.

The delivery team keeps moving forward

During the launch of the Henan Asset Management Project, Zhengzhou experienced a heavy rainstorm and the country had three large-scale epidemics, but none of them affected the delivery progress.

During the flood, the system environment was interrupted and the cloud computer room in Baisha was attacked by the flood. The project team members were required to complete the data migration within 24 hours. However, there was no air conditioner in the computer room, and Li Gong, the technician, braved the high temperature of more than 40 degrees and stood by for more than 8 hours. In the end, all data was completely migrated, and the overall progress of the project was guaranteed.

The project manager recalled some moments in the struggle and said with emotion:

“Driven by the goal of launching the project as scheduled, each project team member stood by their posts, even ate and slept in the company under special circumstances, even pulled all-nighters during important test nodes. They did not complain and worked together to complete the project.”

No matter the details, start with the end in mind, do not neglect any details, and zero-in on the problems that arise one by one. The actions of the project team members everyday are to ensure the smooth progress of the project and continue to improve customer satisfaction.

The Henan Asset Management Core System Project is the first localized microservice architecture core system case in the asset management industry. It has important reference significance for the follow-up IT system construction and selection of the entire asset management industry. Sunline will take this opportunity to refresh our innovation and iteratively upgrade our products to help more asset management companies reshape their competitive advantages and achieve breakthroughs in business development.