On May 11, the "Tencent Financial Cloud Localization Strategy Summit" was held in Beijing with the theme of "Gathering Forces for Innovation, Steady and Prosperous Progress". Experts and scholars from the financial industry, technology side, and research institutions gathered together to discuss banking Topics such as the methodology of moving the core down and the practice of localization transformation. During the meeting, Kuang Wenchuan, deputy general manager of CEC Jinxin and director of the research institute, together with senior executives of Tencent Cloud, jointly released the "White Paper on Distributed Transformation of Commercial Bank Core Systems" . The "White Paper" announced for the first time the joint core plan created by Tencent Cloud and CLP Financial, bringing advanced experience and practice to promote the bank's core restructuring and localization process.
In recent years, the banking business has developed by leaps and bounds. The core system of the centralized architecture of traditional banks generally faces challenges such as slow product iteration innovation, insufficient independent innovation ability and ability to deal with massive high concurrency, and high marginal expansion costs. The transformation of the bank's core architecture from "centralized" to "distributed" has become inevitable.
Taking advantage of the trend, Tencent Cloud and China Electronics Financial Trust jointly created a joint core solution, aiming to solve the landing problem of the last mile of bank core reconstruction . The joint core solution is built on the cloud-native distributed core business system "Yuanqing" of China Electronics Financial Trust, based on the "Yuanqi" digital base of China's electronic finance, combined with Tencent Cloud infrastructure, supports cloud-native and unitization, and is implemented for banking institutions The full-stack localization is implemented, with high performance, high availability, high security and dynamic elastic expansion capabilities, providing financial users with key core business processing capabilities.
Joint Core Solution Architecture Diagram
The joint core program highlights are as follows :
business idea
Starting from customer experience, provide personalized services and support comprehensive marketing;
Provide business compliance and intelligent configuration of data, business and other resources, optimize business processes, and achieve cost reduction and efficiency increase;
Adopting a Chinese-Taiwanized structure, it has accumulated stable core business support capabilities and helped financial institutions achieve business agility.
Technology Architecture
Using technologies such as cloud-native distributed architecture, containers and micro-services, it can be elastically scaled to achieve technical agility;
Deeply adapt to Tencent Cloud distributed database to ensure the consistency of financial data and support high-performance throughput;
Bring an integrated overall solution for smooth cloud migration to the banking system.
agile delivery
Provide an open API, use the idea of DevOps, and provide an end-to-end integrated tool chain to achieve agile operations.
At present, the joint core program is being promoted and implemented in many banks and provincial rural credit cards. In the future, CLP Financial and Tencent Cloud will carry out more in-depth cooperation in the core field of banking, and jointly create a more flexible, efficient and secure full-stack localized banking core system solution through technology integration.