Sunline (Stock Number: 300348) awarded “2017 IDC China FinTech Pioneer (for financial technology) TOP 25” for being one of the world's leading third party independent research institute in IT. Even though this is the first of such campaign for IDC in China, Sunline being the world’s leading financial IT service provider has been recognized for their contributions as one of the top FinTech pioneers.
IDC believes that digital transformation is an inevitable course for China’s financial industry. Big data, cloud computing, mobile technology and social network as representative of the third platform and its foundation of 6 major technologies including 3D printing, robotics, internet of things (IOT), AR/VR, cognitive system and next generation security, will become the tools for digital transformation.
Rooting on the historic changes of China's financial industry
triggered by science and technology, IDC select the nominees for the top 25
pioneers based on the following 3 criteria:
1. Concentration on financial science and technology: Income from financial technology should account for 50% or more of the total revenue of the company.
2. Financial technology innovation: Paying attention to the application of big data, cloud computing, mobile technology and social network as the representative of the third platform its foundation of 6 major technologies including 3D printing, robotics, internet of things (IOT), AR/VR, cognitive system and next generation security as the innovation accelerators in the financial industry; application of block chain and artificial intelligence technology innovation and financial industry; as well as innovation in the application of traditional business solutions.
3. Acceptance of users in the financial industry: Nominees must already have some successful cases as well as received recognition and praise from financial users.
As a leading financial IT service provider to more than 400 financial institutions worldwide, Sunline has continuously increase their efforts in R&D while actively joining the wave of the market change. The industry is well aware that traditional financial institutes’ demand towards digital banking has surged due to the rise of FinTech and traditional core banking system can no longer support their business development. To cater for the changing needs of the traditional financial institutions, Sunline has successfully launched their digital banking system, big data solutions, innovative APP products with the application of big data, artificial intelligence and AR technology.
Digital banking system created a precedent platform for domestic
internet banking. The overall solution
of the system includes digital core system, internet financial services
platform, internet pre-platform and the internet unified payment platform. This
technology platform solves issues of internet based financial services for all
kinds of financial customers, specially built to help traditional financial
institutions achieve rapid adaptation and transformation to meet the demand of
In terms of big data applications, Sunline led by a team of business data expert team, provides leading solutions like big data analysis, data warehousing and business intelligence; helping financial institutions to customer-centric services, improving their core competitiveness by increasing market insight ability, risk control ability, profitability and financial innovation ability and ultimately create more business values.
Sunline is also the first in the industry to develop TinyServer products to solve issues related to rapid development of back-end servers. These products support plugins such as WeChat, Alipay, Gaude, Apple etc sharing, payment and landing platforms.
IDC has announced the annual 2016 China Banking Industry IT
Solutions Market during the “2017 China Financial Industry Transformation and
Innovation Summit & Awarding Ceremony”. Sunline ranked the 6th overall and 4th in core business. IDC senior research manager also
expressed Sunline being one of the top in the industry with rapidly growing and