China’s financial industry has significantly improved its technological capabilities with rapid digital transformation and growing adoption of intelligent applications. The widespread use of mobile devices has broadened access to financial services and fuelled the growth of internet-based financial models. Against this backdrop, traditional centralised architecture such as mainframes and mid-range servers are increasingly unable to meet the growing demands of the financial sector. Chinese financial institutions (FIs) now require systems that offer high capacity, high concurrency, high availability and low latency. At the same time, intense competition drives the demand for customised business solutions. Recognising these trends, GienTech, a digitalisation strategies and software solutions provider, made a strategic shift in 2017 from providing information technology (IT) solutions to delivering comprehensive digital transformation solutions. Kuang Wenchuan, President of GienTech Research Institute said, “We capitalised on major shifts in technology architecture, including distributed computing, cloud-native frameworks and big data processing, to build a competitive advantage centred on technology platform modernisation.” Kuang Wenchuan, President of GienTech Research Institute As a key player in China’s fintech evolution, GienTech has actively contributed to the sector’s transition from IT-driven operations to intelligent solutions. It provides end-to-end digital transformation services across transactions, marketing, risk control and […]
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