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    iSoftStone Nominated as "2023 China Financial Technology Innovation Excellence" Nominee for Outstanding Scene Digital Solution Provider

    2023.11.15

     

    Recently, iResearch Consulting released the 2023 China Financial Technology Innovation Industry Research Report and identified the companies nominated for the "2023 China Financial Technology Innovation Excellence" based on comprehensive assessments from the consulting research team and end customers. In the field of financial technology innovation, iSoftStone has successfully been nominated as an "Outstanding Scene Digital Solution Provider".

     

    In 2020, financial technology innovation officially commenced under various policy guidelines, heralded as the "first year of financial technology innovation". In the realm of financial digitization, various sub-industry formats, institutional scales, development strategies, and directions exhibit significant differences. Sub-sectors, represented by banking, securities, and insurance, show distinct characteristics. Focused on innovative applications of information technology and contributing to the high-quality development of financial services, the strategic choices and technological paths of clients in various sub-industries display differentiated features amid a consistent overall trend.

     

    As a leading enterprise in China's digital technology services, iSoftStone has deepened its presence in the financial industry for nearly 20 years. As a significant participant in financial technology innovation, it has established a comprehensive solution system around the high-concurrency, high-availability, and high-performance characteristics of financial transaction settlement. This system spans from chip, equipment, and operating system adaptation to application middleware, domestic databases, and applications, completing systematic adaptation and optimization for over 30 leading hardware and software products. With practical experience from more than 60 clients, iSoftStone has developed and deployed the "Pan-Financial Technology Innovation Smart System", which boasts high-security levels, a comprehensive product ecosystem, and excellent operational efficiency across multiple vertical application domains.

     

    In the field of banking technology innovation, iSoftStone continues to forge a complete application technology innovation service system around chips, servers, operating systems, domestic databases, and domestic middleware. It enhances professional delivery capabilities, particularly focusing on important topics such as mainframe migration and database migration, forming a tool system and implementation process from consultation to implementation.

     

    In the field of insurance technology innovation, iSoftStone Insurance utilizes various innovative cloud computing technologies to build a cloud computing platform and external infrastructure that integrates efficient business processing, centralized data storage, data integration processing, and unified resource management. This platform is designed to securely and stably operate systems related to customer business services.

     

    As technologies such as big data and AI are gradually applied across industries, and with active promotion from academia and various stakeholders, the integration of AIGC and financial technology innovation has entered the deployment and capacity release stage.

     

    In terms of AI application innovation, iSoftStone continues to focus on the industrial application of large models. The new-generation software development integration efficiency improvement suite AISE, based on AI large model support, and the testing-assistance support software platform AITD have been officially released and entered the commercial stage. With the implementation and promotion of AI large models in the field of software development, there is an effective improvement in software engineering development efficiency, assisting clients in achieving digital transformation and unlocking greater capacity.

     

    Additionally, in the insurance sector, building on the integration of the Pangu large model with iSoftStone's MaaS 2.0 platform, the company has used large model technology to train insurance industry characteristics. It has pioneered the introduction of large models tailored for the insurance industry, leveraging comprehensive business ecosystem data from insurance enterprises. These large models not only address various business processes in insurance such as sales channels, underwriting, claims, payments, reinsurance, and customer service through technologies like AIGC but also provide customers with more comprehensive, accurate, and personalized insurance services.

     

    The financial industry involves various sectors, both within and outside financial institutions, and encompasses multiple levels of data and information security. The increasing prominence of data security and compliance assurance issues highlights their crucial importance. Strengthening awareness of information and data security, adhering to industry norms, implementing relevant regulations, and integrating emerging solutions in the field of information security are key strategies for iSoftStone. The company focuses on data elements and the orderly release of the value of data assets by concentrating on data classification, data security, and asset management, providing professional solutions in line with data compliance.

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