Recently, the next-generation distributed micro-service retail credit systems of Bank of Zhengzhou and Dongguan Bank have been successfully made operational and are operating stably. With these two banks, Yusys Technologies now has four successful cases in the industry for its next-generation distributed micro service retail credit system—WESTAR—which was independently developed by Yusys Technologies. The company has already acquired the computer software copyright registration certificate issued by the National Copyright Administration. With leading independently developed products, advanced business models, and successful implementation cases, Yusys Technologies is once again at the forefront of the industry, consolidating its leading position in the credit management segment.

In recent years, in the face of increasingly severe market conditions, an increasing number of financial institutions have begun to actively deploy solutions in the new retail credit field, using new technologies and new thinking to empower their businesses. With the promotion and popularization of distributed technology platforms, the use of micro-service technology systems to reconstruct a new generation of retail credit systems that adapt to distributed architecture has become the preferred direction for many banks, which has led to explosive growth of product types and business volumes. With 15 years of in-depth cultivation in the IT field for bank credit solutions, Yusys Technologies has always been abreast of the industry development trends, and has remained ahead of the curve as it focuses on innovation and meets customer needs with better products and services. This next-generation distributed micro service retail credit products is the best proof of its success.

●Leading technology and products help reconstruct the retail credit system

Yusys Technologies' next-generation distributed micro-service retail credit system is based on SpringCloud's distributed architecture, which features high autonomy, is compact, has good compatibility, and strong stability. The system fully satisfies retail credit business needs from product marketing to customer acquisition. It provides quick access to diverse scenarios and channels to respond to the real demands of customers in actual operation and consumption scenarios, enables rapid processing of credit business and helps establish a comprehensive customer risk control view through the introduction of multidimensional data in the whole process, thereby realizing the developing of a new retail credit management ecosystem.

1. Self-support based convenient customer service

The next-generation distributed micro-service retail credit system uses SDKs, H5 and other new technologies, allowing customers to self-process loan applications, calculate repayments, enjoy remote credit authorization and other business scenarios. It provides standardized services and directly embeds them into relevant third-party apps and websites, to meet different customer demands.

2. Factory-oriented and more flexible product innovation

The next-generation distributed micro-service retail credit system has an independent product factory function, which can be combined with flexible high-parameter methods (business personnel can quickly customize parameters and combine parameters into new products based on business development needs), and combined with the differentiated marketing components of partner institutions, complete the rapid assembly of basic product components into new products, to meet the needs of the market for new product customization and launch.

3. Intelligent and more secure risk prevention and control

The next-generation distributed micro-service retail credit system supports rich model tools based on the big-data platform to connect internal and external early warning information, third-party organization information and other multidimensional data, which can be quickly and conveniently embedded in all links of the retail credit business process, to assist business personnel in formulating business rules or models, provide support for customer access, quota calculation, anti-fraud measures, loan approval, post-loan early warning, etc. to provide a full range of risk prevention and control measures, so as to achieve efficient and fast loan processing while maintaining risk thresholds.

4. Digitalized and more efficient business operations

The next-generation distributed micro-service retail credit system supports a full-dimensional business model that uses the Kanban system, and acquires specific data from the entire business process of loan receipt, acceptance, entry, pre-approval, electronic verification, approval, in-person signing, guarantee, loan, post-loan management, etc. The data helps clarify the weaknesses of operations, and promotes continuous optimization of the overall operation process.

Yusys Technologies' Next-Generation Distributed Micro-Service Retail Credit System Operation Kanban

●Success cases and rich experience: creating industry-leading benchmarks

As the saying goes, experience is the mother of wisdom. Whether the product is good or not, the market will reveal the truth. Yusys Technologies has been deeply involved in the banking credit IT field for 15 years, served more than 250 financial institutions, acquired more than 2,000 credit practice projects, and has consistently ranked first in the credit-management solution market for many years. More than that, Yusys Technologies has also created many domestic firsts: the first consumer financial credit system, the first online loan system, the first distributed credit system, the first distributed online loan system based on a localized data platform, the first large-scale retail credit system, the first distributed credit system based on credit middle office, etc. These efforts have led Yusys Technologies' next-generation distributed micro-service retail credit products to be quickly recognized by customers. Several successful implementation cases have firmly occupied a leading position in the industry.

Currently, the successful implementation cases of Yusys Technologies include Zhengzhou Bank's new retail credit system, Dongguan Bank's new-generation distributed retail credit system, Zhongyuan Bank's new retail credit system, and Shunde Rural Commercial Bank's large retail asset business system. Yusys Technologies helps commercial banks improve their business capabilities for customer acquisition and live customer service and helps improve the efficiency of effective product supply from the four innovation directions of "channel service+," "product innovation+," "data risk control+," and "digital operation+." It enhances comprehensive risk prevention and control measures, improves the overall operating efficiency of retail business, and finally achieves the goal of constructing new business scenarios and sustainable development operating models that promote the healthy development of retail credit business.

Braving the wind and waves while creating another outstanding achievement. Looking forward to the application of Yusys Technologies' next-generation distributed micro-service retail credit products in more financial institutions.