Design And Implementation Of Small And Medium-sized Bank New Core System

With the deepening of the market economy, China’s accession to the WTO, thefinancial markets continue to liberalization, foreign banks have settled in the Chinesemarket to seize the initiative. Especially the financial crisis sweeping the globe, but also toChina’s banking industry has sounded the alarm, the bank’s bad debts increased, fundsshrinkage exceptional. In this case, China’s commercial banks had to take responsemeasures to face the reality, and actively introduce advanced management experience ofthe foreign banking sector generation core banking system to grow and develop theirown.With the continued expansion of the bank’s business, the existing system has becomethe bottleneck of the small and medium-sized banks, the old system can not satisfy thedemand for long-term development of small and medium-sized banks.Over the past10years, IT environment has enormous changes, the cornerstone of thenetwork communications, network computing, and plug-and-play system design ofhigh-performance IT platform have appeared. Core system installed in the1970s and1980s,are not sufficient to support the functionality required, modularity and expansion capabilityfor today’s financial institutions. At the same time, the Internet has made the demand for theprovision of banking services through mobile phones and other new channels. Therefore,the choice of a excellent system architecture not only enables the system more stable, safe,but also can reduce development and maintenance costs. This article briefly review thedevelopment of the banking system, and study the business needs, system architecturedesign, system development, testing processes and so on. In order to achieve a long-termdevelopment of the system architecture which is suitable for the small and medium-sizedbanks.