Success Stories Applications on Cloud
Shenzhen Kingdom Sci-Tech Co., Ltd
Industryfinancial software
Website http://www.szkingdom.com/
Core Businessfinancial securities software development and system integration
Contact Sales
+852-800-931-122

Company Introduction

Founded in 1998, Shenzhen Kingdom Sci-Tech Co., Ltd. was first listed on the Shanghai Stock Exchange in 2003 (stock symbol: 600446). With more than 20 years of development, the company has grown from a financial software enterprise to a financial science and technology group. Shenzhen Kingdom now has approximately 20 platform subsidiaries and constituent companies totaling nearly 6,000 employees. It is a leading enterprise among China’s financial technology companies. Shenzhen Kingdom offers products and services for securities, funds, banking, futures, insurance, trust, finance, regulatory agencies, and other fields. It also provides basic software products for Smart Cities, the medical field, and other related applications. With advantages in software technologies, Shenzhen Kingdom Sci-Tech Co. drives the rapid development of Smart City planning, IT O&M, and other business opportunities.

Challenges

Traditional financial industries face challenges in different areas such as business innovation, technological innovation, fast construction, and cost reduction. Meanwhile, Internet-based services are revolutionizing the financial industry:

  • With extensive application of intelligent devices and high-speed networks, the financial industry needs to quickly adapt to mobility requirements.
  • The line between traditional offline and new online businesses is blurring. The financial industry needs to build an integrated online and offline platform.
  • The popularity and promotion of image, audio, video, fingerprint, and intelligent identification technologies provide challenges for customers during their digital transformations.
  • The interconnection and interworking of people, information, services, and articles require the financial industry to embrace social media platforms.

Solution

Huawei's cloud expert team communicates with Shenzhen Kingdom's team to fully understand needs in particular business scenarios and jointly develop an effective and practical solution based on HUAWEI CLOUD:

  • Shenzhen Kingdom builds an integrated cross-industry platform that enables one-click login to provide comprehensive financial services across platforms, organizations, and markets. It delivers integrated online and offline customer service solutions, achieving business innovation.
  • To meet the requirements of micro- and small-sized enterprises with a tight IT budget, Huawei uses HUAWEI CLOUD-based services to construct business and enables Shenzhen Kingdom to shift from solely selling software to offering comprehensive solutions. The company can quickly deliver financial services while achieving technological innovation.
  • Huawei has five data centers in China, providing Shenzhen Kingdom with the necessary technology, storage, network, and security services. Traditional architecture deployment is supported and computing and data resources can be exclusively used. Pan-financial services are deployed on HUAWEI CLOUD to enjoy robust elasticity and flexibility.

Customer Benefits

Shenzhen Kingdom maximizes integrated financial value on HUAWEI CLOUD and interconnects financial institutions using Internet-based platforms. Shenzhen Kingdom also built a financial service platform that integrates transactions, wealth management, and services and leverages cloud services to achieve fast service rollout and on-demand resource use:

  • More than 10 customers have used Shenzhen Kingdom's pan-financial solution to migrate services to HUAWEI CLOUD.
  • HUAWEI CLOUD's professional cloud services shorten the service delivery time from one month to one day.
  • Thanks to HUAWEI CLOUD, Shenzhen Kingdom's profit margin has improved to over 20%.