Eigpay opens cooperation with Ant Financial

On September 15, 2014, Eigpay ushered in a new beginning, and the cooperation project with Alibaba's product, Ant Financial, was officially launched. The consulting and implementation of Ant King's No. 1 project is mainly to support the development of ant financial services business and establish international advanced financial services, application systems and IT operation centers. The service level of the financial operation center is achieved through the commitment to meet the international advanced level of financial center service level objectives. Through the micro-financial services group, it will provide funds, payment, guarantees and other services to countless small businesses and consumers to support its survival and development.
Ant Financial Services Group (including Alipay, Sesame Credit, Ant Small Loan, Ant Financial Cloud, Yu'ebao, Zhaocaibao), Project No. 1 combines the most advanced core banking system ideas with Internet finance concepts, using fully distributed financial architecture.
It is based entirely on ant Jinfu and Alibaba Cloud's self-developed financial cloud computing platform, mobile internet platform, financial big data platform and OceanBase database development. In less than half a year, the company successfully developed the online banking system through ant financial cloud technology, which fully proved that Ant Financial Cloud has a high degree of the business expandable , which is sufficient to support the complex financial-grade business at the core level of the bank.
On June 25, 2015, the online merchant bank announced its official opening in Hangzhou. The network merchant bank is the first bank in China to have the core system in the financial cloud. Based on the financial core computing platform developed by the financial cloud computing platform, the online merchant bank has the ability to handle high concurrent financial transactions, massive data and flexible expansion, and leverage the advantages of the Internet and big data to provide financial services to more small and micro enterprises.
In the process of cooperation with Ant Financial Services Group, Eigpay Company established a bank core routing and exchange system for online merchant banks, sorted out complex bank payment services and messages, and established international advanced message exchange rules. The message system is designed to be the world's first, and can cover the bank message writing specifications of most countries and regions. It is the internationally leading message specification. Project No. 1 not only supports financial cloud-based online merchant banking, but also builds a cloud platform for the financial industry, including IaaS, PaaS, DaaS, and SaaS platforms. The financial cloud platform needs to provide commercial banks with the ability to access clearing networks, card organizations, and third-party payment systems, while providing the ability to provide agent clearing to some smaller banks. In the project, Eigpay provides technical consulting work related to unified payment message specification and clearing processing mechanism and related system development work.
In the No. 1 project, Eigpay combined with industry theory and practical experience to provide financial cloud with consulting services such as payment and settlement SaaS service model;
Provide unified payment message standard construction, support RMB local clearing CNAPS, domestic and foreign currency clearing, international payment network SWIFT, US and US dollar, euro, pound, Australian dollar, Japanese yen and other local and regional clearing networks and other financial networks;
At the same time, standardize and unify services in the field of payment and clearing; design intelligent routing components of financial networks to support routing between multiple clearing networks;
It can lead the small micro team to improve the forward-looking design of the payment clearing related platform, and provide design capabilities including core functions such as payment routing, payment processing, and transaction mode.
In the future cooperation with Ant Financial, Eigpay will provide comprehensive consulting, design, implementation and outsourcing services in the construction of financial cloud, build financial industry infrastructure, define financial industry cloud computing standards and information exchange standards, and Provide business consulting, design, implementation and outsourcing services for IT network construction of online merchants.
As a financial cloud ISV, it provides excellent SaaS products and services for platform tenants, while providing tenant cloud decoration services;
Providing consulting and implementation services for financial cloud's financial network capabilities to be more comprehensive and platform-oriented, and becoming a top ISV on the cloud switching platform;
As a service team, it is bound to help financial cloud become a more comprehensive platform industry infrastructure covering the industry.