A Powerful Alliance! GBASE, together with Kylinsoft and Suoxinda, jointly launches a financial IT ecosystem solution!

2023-06-19

Driven by China's national strategy for IT application innovation, the country is progressively realizing domestic substitution across foundational hardware, foundational software, and industry-specific application software. In this wave of innovation, key players across various industrial chains and niche verticals are joining forces in an open, innovative, and cohesive ecosystem to advance the IT application innovation industry. Against this backdrop, GBASE (General Data Technology Co., Ltd.) has partnered with Kylinsoft Co., Ltd. and Suoxinda to release two major joint solutions for the financial services industry: a Customer Tagging & Profiling Solution and a Panoramic Regulatory Compliance Solution. These solutions are designed to empower compliant growth and digital, intelligent marketing transformation in the financial sector.

Kylinsoft is a core Chinese operating system vendor with the No.1 market share in Linux in China. GBASE is a leading homegrown database provider with large-scale deployments across the financial industry. Suoxinda is a leading data intelligence and marketing technology company focused on financial services. These three enterprises bring together their strengths in the foundational OS, database infrastructure, and application-software layers, jointly creating a self-controllable financial IT application innovation solution that helps drive the secure modernization of financial IT systems.

The only way to overcome critical technology bottlenecks is to keep core technology firmly in our own hands. For the financial sector, where risk management is the lifeline, building a secure, self-controllable technological foundation is paramount. There is no time to lose in implementing domestic substitution of financial IT systems. According to CCID Consulting, the next five years will be a golden era for financial IT innovation in China. Financial institutions are set to use self-reliant innovation as a pivot, undertaking comprehensive upgrades and restructuring from IT architectures to application solutions, which will in turn drive sustained high-growth investment in banking IT.

Joint Solution 1: Customer Tagging and Profiling Solution for the Financial Industry

Financial institutions still face many challenges in managing customer tags and profiles, while customer tag data carries special data security and sensitivity requirements. Therefore, building a secure and unified customer tagging and profiling solution based on Chinese-developed foundational hardware and software has become a necessity. This solution leverages the Kylin Advanced Server Operating System V10, GBase 8s database from General Data Technology Co., Ltd., and Chinese-developed chips. It covers full lifecycle management including tag creation, operation, maintenance, and application, as well as business areas such as customer group design, customer profiling, and customer group analysis. It empowers enterprises to strengthen customer insight and analysis, improve decision-making, and comprehensively support the development of intelligent marketing systems for financial institutions.

Solution Advantages

Excellent Performance: Combining GBase’s proven stability and high-concurrency processing capabilities with the high-performance computing of Kylin OS, this solution significantly reduces tag approval and development time. It effortlessly handles hundreds of millions of customer tag records, enabling sub-second presentation of customer groups and profiles, rapid creation of derived tags, and multi-channel integration with real-time push. It saves at least 50% of hardware resources, achieving high timeliness with low energy consumption.

Digital Security Foundation: Built on fully self-owned intellectual property, this solution uses highly reliable, available, and high-performing Chinese-developed foundational software, meeting information security regulatory requirements.

Closed-Loop Tag Management: Covers the entire tag lifecycle management, providing a trustworthy tag data foundation for applications and enabling comprehensive, granular management of all tags.

Rich Tag Applications: Integrates numerous typical tag application scenarios with an intuitive and user-friendly design, lowering the adoption barrier and enabling rapid business value realization.

Accumulated Industry Experience: Drawing on extensive practical experience in building and promoting tag systems, this solution shortens implementation cycles while ensuring effective results.

Application Case: Building a Customer Profiling Tag System for a Rural Commercial Bank

The project focused on improving the effectiveness and efficiency of customer acquisition, product marketing, and business enhancement for the bank. It provided the bank with tools to identify potential customers and establish a robust, high-value customer profiling system. Through data analysis and user requirement exploration, the customer tagging and profiling solution was successfully implemented. It completed the construction of a marketing tag mart with 9 major categories and 27 subcategories of customer profiles, added over 500 new customer tags, assisted business teams in building 27 high-potential customer group models, and helped the marketing department achieve refined, multi-dimensional, and comprehensive operation and management of the full customer lifecycle, thereby improving customer recognition efficiency. The bank's customer tag system and supporting management standards were enhanced, achieving standardized, intelligent, and scientific tag management, and strengthening customer insight capabilities.

Joint Solution 2: Panoramic Regulatory Compliance Solution for the Financial Industry

Financial data governance and reporting face increasingly stringent regulatory requirements. The Panoramic Regulatory Compliance Solution for the Financial Industry

is built on the Kylin Advanced Server Operating System V10, the GBase 8s database from General Data Technology, and domestic chip infrastructure. It creates a secure and reliable financial monitoring and compliance platform to help financial institutions prevent systemic risks and maintain financial stability. The system is developed on a microservices architecture, which extracts and refines unified system control, one-stop data asset governance, customizable data assets, general data applications, and issue management microservice modules. These collectively support various regulatory data reporting, governance control, and service scenarios, enabling financial institutions to organize, build, improve data quality, and submit regulatory data accurately, completely, and efficiently.

Solution Advantages

Secure Foundation: A full-stack, China-developed architecture that utilizes highly reliable, available, performant, and mature foundational software products, satisfying customers' domestic and business requirements.

Plug-and-Play Expansion: The front-end and back-end separated microservices architecture allows new reporting microservices to be added via plug-and-play expansion for unified regulatory reporting. Reusing regulatory data scenarios can reduce construction costs by 50%.

Direct Business Access: The data asset mart builds business models and data, providing business users with direct access to data for analysis and governance. The efficiency of governance analysis and issue management is improved by over 1,000 times.

One-Stop Control: Possessing pre-event, in-process, and post-event control capabilities enhances users' daily data governance for reporting and uniformly manages all regulatory reporting modules and data requirements.

Customizable Data Assets: Supports business and IT staff in custom-defining data assets, boosting development efficiency by 80%.

Multi-Source Data Support: A single functional module can simultaneously connect to different data sources, achieving consistent control of the same business rules across diverse data sources.

Real-Time Standard Updates: Supports real-time changes to existing standard mappings and definitions without further impact on source code.

Customer Case: Next-Generation Regulatory Compliance System (EAST 5.0 Reporting) Project at a City Commercial Bank

To reduce compliance risks in reporting, enhance the accuracy and completeness of submitted data, and meet EAST 5.0 regulatory reporting requirements, the city commercial bank deployed a full-stack domestic regulatory compliance platform.

Case Value:

  • After project launch, the bank gained the system capability to govern large volumes of reported data.

  • The process of viewing, analyzing, processing, and validating problematic data became intuitive, laying the foundation for the bank's new-generation regulatory data governance system.

  • The low-code, advanced configuration and automated code generation capabilities for report management provide the bank's business and technical staff with system support to further expand validation rules, directly access regulatory data, and create new analytical reports in subsequent reporting governance.

United we stand, divided we fall. In advancing technological self-reliance and IT application innovation, the power of multi-party collaboration becomes especially evident. Embracing the mission of building a technology-strong nation, every participant on the front line of technological innovation has already formed a community with a shared future. Through division of labor, coordinated development, and complementary strengths, we integrate our advantages to forge an open, win-win cooperation ecosystem. This is precisely the significance of the tripartite collaboration among GBASE, Kylinsoft, and Suoxinda—by jointly building a fully localized full-stack solution, from the underlying operating system and database foundational software to upper-layer applications, we deliver robust support for the independent innovation of financial technology.