On January 22, 2018, the BW Internet Core Business System software, independently developed and implemented by Xinda Financial, obtained authorization for computer software copyright from the National Copyright Administration. The software is named "BankingWays Internet Core Business System Software【abbreviated as: BW Internet Core】V5.0," with the certificate number: Software Copyright Registration No. 2378484.

Drawing on years of accumulated experience in the banking sector and the expansion of internet business, Xinda Financial has innovatively developed the BW Internet Core. The objective is to assist banks in addressing the distinctive pain points associated with conducting internet business, including differences in user and customer preferences, distinctions between internet accounts and traditional deposit and loan accounts, and variations in marketing internet products versus customizing traditional products. This initiative aims to establish a foundational business platform tailored for internet business applications, enabling banks to realize a platform-oriented strategy for developing internet services.

What internet basic business support does the BW Internet Core include?

 1、Internet User Management: Manages various types of information related to internet users, including identity authentication, behavior collection, user growth, social interactions, and user tags.

2、Internet Account System: Supports various types of internet accounts through the construction of a distributed account architecture, such as Type II/III accounts, red envelope accounts, points accounts, virtual accounts, group multi-legal entity accounts, and various types of internet custody accounts.

3、Internet Product Marketing: This feature facilitates the packaging, listing, display, channel management, precise push to users, and market promotion of banking financial products on the internet.

（The architecture of the BW Internet Core product is illustrated in the diagram below.）

As can be seen, the BW Internet Core is built on Xinda Financial's distributed development and operation platform, realizing distributed processing of applications and data to meet the characteristic requirements of high internet traffic, concurrency, and rapid iteration.

In the era of the internet, an increasing number of industries are evolving towards a platform-based business model. Various industry supply chains are showing a trend towards platform development, where the core participants in the supply chain expand their ecosystems upstream and downstream by building platforms. For banks to thrive in the long term on the internet, it is not just about developing various internet financial applications. It is equally important to develop their own platform, achieving a strategic development pattern based on the platform, with applications as breakthroughs in the large platform and small application strategy.

To become a pioneer and leader in the introduction of international banking core business systems, Xinda Financial has taken the lead in the localization of international banking core business systems. The BW Internet Core represents a significant and powerful step forward in this journey.