From March 29th to 30th, the "Science and Technology Innovation China" Fintech Industry Innovation Forum and the 6th China Fintech Innovation Conference (hereinafter referred to as the "Conference") hosted by the China Association for Science and Technology were held in Beijing. With the theme of "New Power of Fintech and New Engine of Digital Economy", the conference gathered many economic and financial experts, executives of financial institutions, academicians of the Academy of Sciences, industry leaders and representatives of financial and technology enterprises. RIKING was invited to attend the conference and shared a wonderful speech.
"Science and Technology Innovation China" Fintech Industry Innovation Forum and China Fintech Innovation Conference has been successfully held for five sessions so far, aiming to bring together new theories, new technologies and new achievements in the development of financial technology and digital economy, connect all walks of life in industry, academia, research and application, create a platform for high-end academic exchanges, achievement release, innovation cooperation, industrial aggregation and investment and financing docking, establish a long-term cooperation mechanism, and promote the high-quality development of China's financial technology and digital economy. The conference interpreted China's fintech and digital economy development strategy from different perspectives, exchanged cutting-edge technology applications, took the pulse of industrial development prospects, and provided suggestions for promoting the virtuous cycle of "technology-industry-finance" and promoting the digital transformation of finance and the real economy.
RIKING was invited to participate in the forum, and Cai Xiaomin, co-founder of Deputy General Manager, shared the keynote speech of "Technology Empowering Finance and Building a Digital Ecology", combined with the regulatory situation and regulatory challenges of the financial industry, and elaborated on the unified regulatory platform from the aspects of regulatory standardization construction principles, regulatory ecology, and regulatory application.
▲Cai Xiaomin, deputy general manager and co-founder of RIKING, shared the speech
The main core of the construction of RIKING unified supervision platform includes regulatory data mart, data management and monitoring platform and various regulatory reporting subsystems. The construction of regulatory data marts and data management platforms follows the five principles of supervision-driven, data governance-based, business coverage as the standard, full-caliber data collection, and standardized data model construction.
The unified supervision and reporting platform generates data sources from various upstream business systems and manual ledgers, processes data through task scheduling platform and ETL data processing platform, to the source layer, data warehouse layer, market layer and then to the application layer, for some missing data sources through the data supplement system to make supplementary records, through the data verification platform to verify the upstream data sources and data mart model data, forming a unified data standard and data source, for instant query, data interface, regulatory report submission, Custom reports provide strong data support.
The current wave of digital development is sweeping the world, profoundly reshaping the world pattern and profoundly promoting accelerated economic and social changes. The integration and innovation of financial technology promotes the high-quality development of the digital economy. As a a well-known supplier of financial regulatory solutions and services, RIKING based on Big Data and AI, RIKING devotes itself to help financial institutions to establish smart regulatory digital-foundation platform. Therefore, financial institutions can quickly address the off-site regulatory requirements from local regulators, monetary authority, PBOC, CBIRC and SAFE.This participation also demonstrated RIKING's industry advantages in industry experience, high-quality regulatory compliance solutions, and a wide range of customer cases.
RIKING provides one-stop End to End regulatory solutions and services of whole process to all the world-leading financial institutions with covering Credit, Anti-Money Laundering, Risk Management and Settlement. Moreover, RIKING has over 50 professional teams, which are working together to build smart regulatory software platform, and RIKING can offer all kinds of services including regulatory business consulting, project evaluation, differentiation analysis and project implementation to all the financial institutions.
In the future, RIKING will continue to give full play to the advantages of financial technology innovation, carry out extensive and in-depth cooperation with more partners with high-quality solutions and professional services, and actively promote the high-quality and healthy development of technology finance.
