In 2023, with the theme of promoting high-quality financial development and deepening the structural reform of the financial supply side as the main line, the financial industry will strengthen the construction of information infrastructure, deepen the development of digital transformation, and achieve remarkable results in promoting the quality and efficiency of financial services through financial informatization.
2023 10 Major Events of Financial Informatization" was first launched in the magazine "Financial Electronics", which comprehensively demonstrated the fruitful achievements of the financial industry in digital infrastructure construction, key core technology research, cutting-edge technology research and development, and support for the development of the real economy, showing new characteristics.
First, adhere to the general tone of seeking progress while maintaining stability, and coordinate financial development and financial security. With business security and stability as the bottom line and key technological breakthroughs as the goal, ABC has fully realized the transformation of the distributed architecture of the core business system, formed a reusable complex engineering implementer, realized the independent and controllable key technologies, and provided an important reference for the construction of the core system of the banking industry. The independent and controllable enterprise-level technology platform built by Bank of China supports the operation of more than 300 application systems, with a processing capacity of 100,000 TPS, covering key components such as customer information, debit cards, and credit cards, comprehensively improving the bank's fintech innovation capabilities and agile response capabilities. China CITIC Bank completed the switchover of the distributed database in the production room of the core business system, fully realizing the independent and controllable critical information infrastructure, proving that the full-stack information innovation server and distributed database support the stringent requirements of the critical information infrastructure in the financial industry, and providing a set of feasible implementation paths and reference solutions for the industry.
The second is to strengthen regulatory technology to effectively prevent and resolve financial risks. The Shenzhen Stock Exchange has practiced the concept of scientific and technological supervision, launched a comprehensive registration-based technical system, and successfully applied the real-time monitoring and alarm indicator system to transaction supervision services such as real-time monitoring of abnormal transactions, monitoring and analysis of market operations, and screening and reporting of clues of violations of laws and regulations, effectively improving the quality and efficiency of front-line supervision.
The third is to develop digital finance and accelerate the application of artificial intelligence. ICBC took the lead in building a full-stack, independent and controllable 100-billion-level AI large-scale model technology system, and refined five large-scale model technology application paradigms and engineering solutions, which played a demonstration and leading role in the large-scale application of the industry. PICC Group has built a large model platform for PICC at five levels, including computing power, platform, model, product and application, and has achieved large-scale pilot applications in scenarios such as human empowerment and intelligent customer service, leading the road of intelligent upgrading of the group; Ping An Property & Casualty has deepened and implemented the digital transformation project with intelligence as the core, helping to reduce costs by RMB 30 billion and increase profits by RMB 44.5 billion in the past three years, providing successful experience for the digital transformation of the insurance industry.
Fourth, we should use cutting-edge technology to generate new kinetic energy and develop new quality productivity. Huaxia Bank is oriented to financial practical scenarios, using the coherent Isin machine optical quantum computing scheme to solve the portfolio optimization problem for the first time in China, realizing the quantum advantage beyond the efficiency and effect of classical computing, and playing an exemplary role in promoting quantum computing to enter the stage of exploring practical advantages.
Fifth, dredge the channels for funds to enter the real economy, and be the main force serving the real economy. China UnionPay has led financial institutions and technology companies to work together to unify technical consensus and standards, break the technical silos of privacy computing platforms of various institutions, and promote breakthroughs in the interconnection and interconnection of privacy computing, laying a solid foundation for the safe circulation of financial data elements and serving the real economy. CCB takes "Hui understands you" 4Version 0 upgrade is an opportunity to reshape the business process, realize the leap in the comprehensive ecological service capacity of inclusive finance, and contribute to the industry demonstration of financial support for the development of the real economy.
2023 10 Major Events of Financial Informatization" embodies the wisdom of the development of financial industry informatization. The "Cover Feature" of this journal released the milestone achievements of 10 major events, and invited 10 authoritative experts to make wonderful comments on the events, aiming to lead the trend of innovation with value consensus, enlighten development ideas with industry benchmarks, and gather industry synergies with demonstration effects, so as to promote the high-quality development of digital finance and move forward steadily, and help the development of finance with Chinese characteristics to be stable and far-reaching.
10 major events of financial informatization in 2023
ICBC has taken the lead in building a full-stack, independent and controllable 100-billion-level AI large-scale model technology system, and has taken the lead in innovative applications in the industry.
The financial industry has led the breakthrough in privacy-preserving computing interconnection.
The core business system of ABC has fully realized the transformation of distributed architecture.
*The comprehensive registration-based technical system was launched, and the Shenzhen Stock Exchange helped deepen the reform of the capital market.
CCB implements new financial actions and builds a comprehensive ecological service platform for inclusive finance.
Bank of China has built an independent and controllable enterprise-level technology platform to empower the high-quality development of digital financial services.
For the first time in the financial sector, quantum advantage has been realized, and the quantum computing speed of the portfolio optimization scheme surpasses that of classical computing.
PICC released the "PICC Large Model" to actively lead the innovative development and application of large model technology in the insurance field.
China CITIC Bank's critical information infrastructure is fully autonomous and controllable.
Ping An Property & Casualty's digital transformation has achieved exemplary results in the industry.
2023 10 Major Events of Financial Informatization" and "Expert Comments", please read the first half of the January 2024 monthly issue of "Financial Electronics", and the headlines on WeChat*** from January 11 to 20.
Thematic planning: Zheng Yan).