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Guangdong Rural Credit Cooperatives Banks on IBM for Business Growth

GUANGZHOU China ARMONK, N.Y. Feb. 2, 2011 China IBM

http://photos.prnewswire.com/prnh/20090416/IBMLOGO

Guangdong

The advanced IBM platform will help Guangdong Cooperatives by consolidating existing IT systems and replacing inefficient or duplicate systems. It will also provide a 360-degree view of customer data, delivering a more detailed understanding of its customers for more personalized services such as VIP Premiere Service, identifying new market opportunities, and making better decisions for risk management and credit assessment.   This is another example of IBM’s leadership in providing workload optimized systems that deliver integrated systems, software and storage for analyzing vast amounts of complex data.  

Guangdong Province China

China

The entire system links all municipal and county cooperatives, integrating with all other banking operations. As a result, Guangdong Cooperatives will serve as the provincial transaction processing center, data processing center and capital clearing center.

China

Guangdong Province

The new IT infrastructure built on DB2 database software will consolidate the data and integrate the business processes of all members of Guangdong Cooperatives. IBM analytics software will also enable Guangdong Cooperatives to analyze and explore customer transaction information while IBM InfoSphere Information Server software will support the bank to integrate all relevant data resources and govern the quality and completeness of the information.

As part of the project, IBM has relocated the bank’s key business and core banking systems onto a hardware platform that consists of IBM Power 595, Power 570, Power Blade Server and DS8300 storage platform. IBM Power Blade, with its unified management capability, allowed the bank quickly to deploy data consolidation in its provincial center as well as other operations.

China China

In the future, the IT infrastructure will also serve as a platform for product innovation, risk control and marketing and public relations, helping to improve its customer services and enhancing its position in the marketplace.

About Guangdong Rural Credit Cooperatives

China Guangdong Province RMB750 billion RMB460 billion Guangdong Province http://www.gdrcu.com

http://www-03.ibm.com/systems/smarter  

http://www.ibm.com/smarterplanet/us/en/banking_technology/ideas

Harriet Ip  

IBM Media Relations

+65-6418-1521

Sean Tetpon

IBM Media Relations

(914) 766-1276

SOURCE IBM

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