On April 19, 2022, the company grandly launched two financial software products in Beijing, namely, the BankingWays Distributed Architecture Platform System Software (B@nkGalaxy) and the BankingWays Core Business System Software (B@nkEnsemble). Both of these software products are designed for use in the banking industry, assisting in the integration of banking operations and contributing to the enhancement of overall competitiveness in the banking sector.

The product has entered into contracts with numerous financial and banking clients, running smoothly without errors, and has received numerous praises.

The Chairman and CEO of the company, Zhang Yanfeng, graduated from Beihang University and holds an EMBA from both Peking University Guanghua School of Management and Tsinghua University School of Economics and Management. With nearly 20 years of experience in the banking IT industry, Zhang is well-versed in banking and financial operations. He has authored three financial industry books and holds numerous intellectual property rights in banking software.

Under the leadership of Chairman Zhang Yanfeng, the company has combined practical banking experience to develop dozens of banking software products, notably B@nkGalaxy and B@nkEnsemble. These products have significantly enhanced the banking IT business architecture capabilities and computational performance, addressing the challenges of complex and inefficient banking processes. This has helped banks improve their overall business competitiveness. B@nkGalaxy and B@nkEnsemble are currently serving dozens of banks and insurance companies, substantially enhancing the business capabilities and efficiency of financial institutions. During the press conference, Zhang Yanfeng proudly announced the formal release of these two industry-leading software products.

[BankingWays Distributed Architecture Platform Software (B@nkGalaxy)] is a comprehensive distributed technology system developed by Zhang Yanfeng based on a deep understanding of the characteristics of banking operations and in conjunction with the latest IT development trends. Within this framework, each architectural system level of the system possesses the characteristics of distributed architecture. When a certain system node becomes a bottleneck, the distributed architecture allows for addressing this by adding distributed nodes, providing necessary guarantees for the stability, scalability, and extensibility of the system. [B@nkGalaxy] has a complete distributed architecture system, mainly reflected in the distributed architecture of data storage and performance calculation. The system can offer relatively universal support for distributed architecture cache access, providing robust computational power assurance for performance nodes in financial systems.

Key features include:

l Vertical and horizontal scalability: The financial application supports a distributed architecture processing mechanism. By adjusting the deployment quantity and method of business instances, it rapidly adapts to changes in system performance loads, enhancing system availability.

l Rapid System Response Capability: Utilizing distributed architecture and caching technology to reduce transaction response time, enhancing the overall operational efficiency of the system.

l Business Big Data Processing Capability: For handling extremely large volumes of data, a lightweight distributed storage and access mechanism is provided, significantly enhancing transaction performance related to such table associations. This approach ensures complete transparency in specific business development.

l Efficient Performance for End-of-Day Processing: Introducing Hadoop mechanisms for parallel computation during the end-of-day process significantly reduces the processing time.

The BankingWays Core Business System Software (B@nkEnsemble) is a new generation core business system developed under the leadership of Chairman Zhang Yanfeng. This product incorporates advanced concepts from international core business systems, emphasizing principles such as 'customer-centric service,' 'financial products as guides,' 'highly parameterized systems,' 'market-oriented banking interest rates,' and 'integrated management of local and foreign currencies.' It meets the requirements for financial product management, application integration, and data services, providing banks, insurance, and other financial institutions with a new generation core business system that ensures quick responsiveness, flexible configuration, and efficient business innovation. This system aims to comprehensively enhance the core competitiveness of banking operations.

The [B@nkEnsemble] system adopts an open distributed architecture platform technology, based on a system Service-Oriented Architecture (SOA) design. It achieves the design goals of 'quickly supporting financial banking business process integration, business process reengineering, and the rapid launch of financial products.' The system functionalities include Product Center, Parameter Configuration, Pricing Models, Account Management, Accounting Engine, Operations Management, Risk Management, various external API interfaces, and the system frontend. It provides modules for Customer Information Management, Organizational Structure Management, and Authorization Management. Additionally, it offers functionality for configuring and managing banking products such as deposits, loans, payment settlements, and fund management through the Product Factory, along with transaction processing capabilities.

Under the leadership of Zhang Yanfeng, the company has provided financial information services to banks and insurance companies through proprietary research and development products. Leveraging its leading advantage in financial business, the company has advanced the construction of smart banking services and achieved comprehensive deployment in areas such as smart payments, intelligent counter systems, and financial e-commerce.

In the future, Xinda Financial Technology will leverage advanced information technologies such as financial cloud services and banking big data to provide comprehensive and systematic IT infrastructure solutions and services for clients in the financial industry. This includes the construction of dual-mode data centers, financial business virtualization, financial information security, and more. This initiative aims to support the IT technology and architecture upgrades for financial users, as well as cross-platform application integration, ultimately enhancing the overall competitiveness of banking operations.