Bank Core System Launch Project

Project Background:

In recent years, the operational environment of the banking industry has undergone transformative changes. Faced with evolving customer demands, banks need to shift from traditional account-centric system architectures to redesigning core business systems with a customer-centric approach. The increasing demand for financial product innovation requires banks to establish core business systems with flexible architectures and rapid product innovation capabilities to meet customers’ needs for specialized financial services. To address cybersecurity threats, protect fund security, and enhance risk control capabilities, banks’ business systems must standardize and centralize business processes to effectively manage operational risks. Building a new-generation core business system with advanced design concepts, accompanied by bank-wide data centralization and process groups during implementation, has become an essential path for commercial banks in China to enhance competitiveness through operational standardization and centralization.

Project Objectives:

Deliver stress testing and database deployment for the bank’s new core database with the highest quality, ensuring the smooth launch of the new core database.

Project Responsibilities:

1.Assist in planning and testing Oracle database components for the new core project, including database backup and recovery, performance tuning, log analysis, data migration, and resolving critical/urgent issues.
2.Assist in Oracle database version implementation and test environment maintenance during the new core project.
3.Develop and implement database backup/recovery strategies, and monitor high-availability environments (replication, mirroring, load balancing) during the project.
4.Optimize data storage structures based on business requirements; perform database performance analysis/tuning during the project.
5.Conduct pre-launch stress testing, simulate failure scenarios, perform database performance analysis using test data, and provide actionable recommendations.

Implementation Status:

Compared to the legacy core system, the new-generation core business system demonstrates:
1.Enhanced reliability and large-data-volume processing capabilities
2.Optimized business processes, significantly improved production efficiency and profitability
3.Flexible organizational structures, refined customer services, and rapid product customization meeting business unit functionality
4.Achieved system scalability and low maintenance costs in the technical platform
5.This system not only ensures current operations but also meets dynamic financial market demands, enabling the bank to swiftly adapt to future business development.