CCB Launches DCC throughout the Bank

Published time:2005-09-27
The introduction of DCC will improve CCB’s service quality, efficiency and availability throughout the whole bank.
September 25—when China Construction Bank Corporation (CCB) Jilin Branch successful linked its counter business system into CCB’s headquarters data center at 2 o’clock P.M., the introduction of data center consolidation (DCC) was finished after 3-year efforts.
DCC is an important base that can bolster CCB’s transformation of operation and management model, integrated application of information resources, business innovation and the improvement of administration capability. The completion of DCC project throughout CCB will surely play a significant role in CCB’s development. It also indicates that the technology application model in CCB has transformed from the dispersed one in the past into a scientific, functional and integrated one also with implementation solutions. This will absolutely further enhance CCB’s development in all business lines including customer services and risk management.
CCB President Chang Zhenming said, in the final analysis, the development and expansion of commercial banks in the future will depend on their competitiveness. In the time when technology enjoys rapid growth, competitiveness of commercial banks will be surely affected by human resource and capability in risk management & return management, yet, the key factor is the input of information technology. We can see that to meet customers needs, to develop business, to administer human resources and to manage risks can not be isolated from the support of technology, and IT development will be absolutely enhance business exploration ability, improve service quality, advance management level, and promote the capability of risk management and control.
CCB initiated the DCC project in July of 2002 and experienced the process of finishing this project through nearly 3 years from the first launch at CCB Shanghai Branch to the last introduction at CCB Jilin Branch. So far, CCB has successfully completed this project throughout the whole bank including headquarters and 38 branches at provincial levels.
The main advantages of introducing the DCC project throughout CCB are as follows: this project integrates accounting and the applied version in business over the counter throughout the Bank when CCB expanding its businesses; standards business and data criteria to support standardized management in all lines of business and share basic customers information; improves the monitoring capability of CCB headquarters over market orders; bolsters the fast development of new products and the introduction of products as well as services in a consolidated manner; enhances the service quality in cross-region transactions and settlement and speeds up cash management and treasury business across all branches; and helps realize the consolidated operation model in the back office. With the completion of DCC project, CCB is confident that the Bank will offer better services in a more efficient and convenient way.
Chairman of CCB Guo Shuqing expressed his congratulations via a letter which said, the customer is God and to offer better service is every employee’s obligation. It is a major task of CCB to provide quality service to customers by using advanced technology. The introduction of DCC across all branches signifies a new starting point for CCB in its IT application level. And hope that CCB would continue its efforts in offering better service to all clients and the society.
 
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