Recently, Hengtian has successfully signed the contract with Shanghai Commercial Paper Exchange Corporation Ltd (hereinafter referred to as SHCPE) to provide overall statistics, statement analysis and monitoring service of commercial paper market, helping it make new strides on the way of e-commerce. Based on the new integrated system of papers and e-papers, the project realizes data collection, processing and storage of various business systems, which provides supports for transaction monitoring and statistical analysis.
The success of this bidding benefits from Hengtian’s cooperation with large domestic financial infrastructure enterprises like CFETS and Shanghai Clearing House, as well as knowledge and technical abilities accumulated through services for commercial paper market and internal bank systems.
Hengtian develops a standardized system for SHCPE to meet its needs in statistical statement, regulatory report, data analysis and transaction behavior monitoring. Based on the overall analysis of transaction behavior, Hengtian establishes a monitoring and statistical analysis system with the use of distributed technologies. With the smart commercial data platform, it provides integrative statement operation and maintenance services for the client. It also reduces the statement development cost, shortens the development cycle and provides more reliable data on the basis of data analysis, interactive statement design and display.
In recent years, Hengtian has improved its technical strengths to provide solutions and services in consulting, development, integration and operation for financial institutions of securities, insurance, futures, asset management, etc. Hengtian will march forward to develop cutting-edge technologies and take the lead in information revolution of financial industry.
About Shanghai Commercial Paper Exchange Corporation Ltd.
Shanghai Commercial Paper Exchange Corporation Ltd, launching its business on December 8, 2016, is a unified commercial paper trading platform approved by the People's Bank of China in accordance with the decision of the State Council. As an important infrastructure of China's financial market, it has the functions of quotation transaction, registration and custody, clearing and settlement and information services, etc. It undertakes the rediscounting of monetary policies of the central bank, and becomes the center of registration and custody, transaction, innovation and development, risk control and data information research in the field of commercial papers.
Hengtian is a technology services company in Hangzhou, China, created in 2004 as an alliance among State Street Corporation, Insigma Technology (a Global Outsourcing 100 Company) and Zhejiang University. We provide offshore and onshore technology development, research and consulting services.Hengtian has been certified for compliance with ISO270001 and CMMI level 5.