The Design And Realization Of International Settlement Financing System

International Business Banking Systems is one of the important parts of banking systems. They are services and products in settlement of international trade business and non-trade business including foreign fund transfer , international remittance and international business settlement etc. The market competition of international business in banking industry become more and more fierce after China entered WTO . Banks develop (an) increasing functions of the banking systems to meet the needs of changes and requirements in international business settlement of the market.The International Settlement Financing System of a commercial bank is designed under the management model of'Distributed Management,Central Operation,United Sales and Marketing'. The system is a vital platform of trading and financing in the area of international settlement. It integrated business operation, risk management and accounting . It resolves the conflict between the business development and risk management and satisfies the related policies of the Chinese government on co-operation between banks and enterprises. The system provides the corporation and small and medium enterprises with technical platform for obtaining finance from banks and accelerates the capital turn over. It helps enterprises to win more foreign trade business and create more profit in foreign currencies. At the same time, it helps banks to improve their risk management on trade finance and strengthen their credit risk management capability. The system safeguards capital of banks and contributes to higher return on capital.This article introduces the background and design principles of the International Settlement and Financing System. It documents the consisting functionalities and design details of the system. It also summarizes the critical technical highlights of the system and the application of the system.This article describes the high level business requirements of the system. Then it goes on analyzing the business functionalities and the common and specific characters of them. Based on these analysis, it deducts the main business requirements. This provides a solid base for further system designing and planning.On system designing and planning, this article mainly describes the market positioning of this system and other related systems. It analyzes the architectures of this system, credit management system and the improvement of the central computer system. It gives a clear big picture of the systems in questions. It clarifies that this system is the business processing system for trading financing, the credit management system is the management system for the risk management of trading financing business and the central computer system is the data transferring and accounting system for trading financing business. This article also analyses the key elements of the mechanism of risk management of the trading financing business and gives the principles of the credit license control. The design of this system is based on the architecture of the current banking systems. It minimizes the modifications of the current architecture.This article summarizes the design consisting of credit license downloading, credit license maintaining, credit license processing, batch return processing and parameter controlling subsystems based on the high level design. It also describes design of the risk mitigation mechanism and argues the transferring mechanism of the credit license is the vital component in the system integrations. This design follows these principles:·Concise and easy to understand·Fitting in the current framework·Standard processes allowing future scalabilities·Reuse the existing mature modules·Maximize the usage of share modules to minimize the coding effortThis article describes in details the components of the system categorized into common functionalities and business process functionalities. Common functionalities include credit license downloading and maintaining, parameter controlling, credit licenseprocessing, batch return processes, interfacing with the central computer system and funding management. The design of these components reflects the considerations of flexible parameter configuration, effective data transferring mechanism and good scalabilities of business functionalities. Business process functionalities include the business processes of transactions of import and export letter of credits and business processes of transactions of business of guarantee. The function of each transaction, business data validation and business workflow are presented in details. The article also elaborates on business process model of integration of business operations with risk management and the resulted well integrated system of risk management and business process.In terms of detailed design, this article gives the definitions of the interfaces of the credit license and the batch return. It also describes the definitions of the key elements of the credit license business and the matching rules, as well as the definition of the batch return interface and the rules of the assignment of values.The article then summarizes the technical highlights of the development platform design for this system, management of sound code , development mode design, batch return design and management of history data design.Furthermore, this article reviews the development of the International Business Settlement and Trade Finance System. It analyses how the stability of the system is guaranteed in the project initialization, development, system testing and production & training stages. It also gives opinions on the study of the promotion of the system and the improvement of the functionalities. The system development follows the best practices of software engineering and this guarantees the success of the implementation of the system.The system mentioned above is developed to meet the needs of swift development in international finance market and satisfy the cooperation between banks and corporations domestically in China. It's one of the vital parts of international banking systems and in leading position in domestic banking industry in China. This article describes the system's architecture and consisting functionalities. and summarizes its technical highlights. Through analysis and review of the system, this article presents a reference in further development of international banking system in the future.