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Payments General

Ant Financial, Hoperun Information Technology unveil distributed core banking platform

Thursday 7 March 2019 | 02:19 PM CET

Ant Financial Services Group and Hoperun Information Technology have unveiled the launch of the Distributed Core Banking Platform (DCBP).

DCBP is a banking product that aims to help financial institutions shift their business models from transaction-oriented to customer-oriented. The platform is also designed to allow financial institutions tackle digital challenges, such as distributed development, financial product management, and accounting liquidation.

This solution is the first co-developed integrated solution in Ant Financial’s technology product portfolio. DCBP builds on the bPass (Business Platform as a Service) product, which was launched in September 2018, and which enables financial institutions to benefit from Ant Financial’s capabilities in product management, asset management, capital verification, and full-link pressure tests. The company’s goal was to combine these capabilities with Hoperun’s experience in the finance industry to develop the DCBP solution.

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