A few days ago, the 2023 Yangtze River Delta Fintech Festival-Yangtze River Delta Economic Circle Fintech Development Conference and the 4th Yangtze River Delta Fintech Innovation and Application Global Competition concluded successfully. Bank of Shanghai won three awards: “Best Innovation Award for Financial Institutions”, “Best Application Award for Financial Institutions” and “Best Practice Award for Financial Institutions” for its outstanding performance in product innovation and digital development.
This competition aims to be based in the Yangtze River Delta and face the whole country, focusing on the in-depth integration of digital technology and financial business. By exploring the innovative applications of cutting-edge technologies such as artificial intelligence in the financial industry and the innovative development of “financial technology + industry + ecology” in the Yangtze River Delta region, Exchange financial technology innovation practices and application results, and create a “carnival” in the financial technology field in Shanghai, the Yangtze River Delta region and even China. The event was guided by the Shanghai Financial Industry Federation and the Shanghai Banking Association, and co-sponsored by the Shanghai Huangpu District Financial Services Office, the Yangtze River Delta Financial Technology Research Institute of East China Normal University, and others.
Bank of Shanghai wins many honors
As one of the participating institutions, Bank of Shanghai relied on the three achievements of “Pan-core supply chain smart finance project”, “External data access and management platform to help banks’ refined management of external data” and “‘Uplink e-Enterprise Win’ treasury management service plan”. It won three awards: “Best Innovation Award for Financial Institutions”, “Best Application Award for Financial Institutions” and “Best Practice Award for Financial Institutions”. Hu Debin, Vice President and Chief Information Officer of the Bank of Shanghai, won the “Financial Technology Leader·Excellence Award”.
“Upside e-Enterprise Win” promotes the digital construction of corporate treasury by establishing a “1+4+X” digital intelligence comprehensive treasury service system and jointly building and empowering central state-owned enterprises. Among them, the treasury management platform currently serves more than 20 central state-owned enterprises, with an average daily settlement volume exceeding 100 million yuan, and corporate funds and assets under centralized management exceeding 10 billion yuan. The “Pan-Core Supply Chain Smart Finance Project” focuses on the settlement and liquidity management needs of supply chain enterprises, and will provide online supply chain finance to drive the balance of inclusive loans to exceed 25 billion yuan in 2023. The “External Data Access and Management Platform Assists the Bank’s Refined Management of External Data Project” focuses on the full life cycle management of external data. It achieves refined management of external data from access, use, post-evaluation and other aspects, effectively improving the corporate level of Bank of Shanghai. External data management capabilities.
As a strategic cooperation unit, the Bank of Shanghai was also invited to participate in the demonstration of financial technology innovation achievements, fully presenting the construction achievements in the financial field together with other outstanding enterprises. The Bank of Shanghai has set up a special booth with the theme of “e-Enterprise Breaking Waves, Win-win Future” to showcase a professional treasury platform that combines big data analysis, artificial intelligence, blockchain, cloud computing and other innovative financial technology capabilities. In order to support the construction of the treasury information platform, the Bank of Shanghai Innovation Laboratory provides overall consulting, PMO management, demand research, solution design, system deployment, joint debugging and testing, business training, trial operation, operation and maintenance guarantee, full-process closed-loop management of treasury construction services to fully empower the digital transformation of corporate treasury construction.
Driving on the fast lane of digital development, Bank of Shanghai will continue to delve deeply into the fields of financial technology and data management, strive to create its own “financial technology” products, use independent innovation to drive digital transformation and upgrading to improve efficiency, and promote the orderly development of financial technology products. Realize the external transformation and empowerment of scientific and technological achievements, protect the development of the real economy, and make greater contributions in helping to write the big article of digital finance.