On Feb 19th, People's Bank of China held a "2008 Appraisal Meet of ICBC Technological Achievements" in Shanghai. Many members of Appraisal Committee from famous financial institutions like People's Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, State Administration of Foreign Exchange and China UnionPay Co., Ltd have attended the meeting.
At this meeting, ICBC submitted 11 technological achievements for appraisal. Among them, ICBC Card Issuance and Bill Collection Project of PBOC2.0 Criterion has reached international leading level; ICBC Overseas Institution Comprehensive Business Processing System has reached the international advanced level; the other 8 projects including ICBC Interest Rate Risk Management System, Agency Gold Business System, Bill Center System, Higher Law Project of Internal Non-retailing Credit Risk Evaluation, Intensive Bill Management System, Data Center Server User and Performance Management System, Disaster Backup Project of Centralized Operation Center, Internet Banking Network Acceleration System have reached domestic leading level; ICBC Domestic Foreign Currency Payment Liquidation System also has reached domestic advanced level.
According to introduction, on this Appraisal Meeting, strictly following the provided procedure, all members of the Appraisal Committee agreed the 11 technological achievements submitted by ICBC to pass the appraisal after carefully hearing the research and technological summary reports, user reports, economic benefit reports and test reports of different technological achievements, checking relevant documents and materials, seriously inquiring about relevant problems and comprehensively assessing within the Appraisal Committee.
ICBC aims at the front of the domestic and international financial technologies for many years. Taking the independent innovation as the source power of reform and development, in combination with its practices, ICBC has fully planned and rapid boosted the innovations of management and business, translated technological advantage into product advantage and further into market advantage, made great effort to form a mature development mode of lifting core competitiveness with technological innovation and obtained remarkable achievements in the world. The 11 technological achievements ICBC submitted to the meeting were just a part of key projects implemented in 2008 and all those passed the appraisal.
In addition, recently People's Bank of China publicized the results of "2007 Banking Technological Development Awards", and 8 technological achievements submitted by ICBC all won important awards coveted by the industry. Of which, the Implementation Project of ICBC Data Center Host Computer High Usability Research won the First Award with the highest score. ICBC's other 5 projects including ICBC Credit Card Internationalization Project, Guaranty (Pawn) Value Evaluation and Management System, Personal Credit Loan Management System, Disaster Backup Project of Overseas Branch Data Centralization System as well as Technology Criterion Project of Computer Room Construction and Maintenance won the Second Awards respectively followed by ICBC Human Resource Management System and ATM United Platform Project.
