The pilot project of China Construction Bank (CCB) ALS (Advanced Loan System) passed the competent experts examination in Shenzhen recently.

ALS is one of core systems of FIDELITY. This system is a highly sophisticated, scalable, lending software package, maintaining a leading position among the same kind systems. And it is used extensively by foreign banks. For instance, 46 banks of American top 50 banks use this system. Its main functions include management before lending, calculation during lending and management after lending. It is a lending information system covering the whole lending process.

In response to the fierce market competition and to increase CCB’s capability of loan management, head office of CCB started to introduce ALS in August of 2002. After CCB’s full considerations, in the beginning of 2004, CCB started to transplant this system to CCB Shenzhen Branch as the pilot project. In June, ALS successfully used in personal loans. The application of ALS in the pilot project showed that the new credit management model was smoothly and efficiently integrated into the existing system including the exam and approval system, the back-office credit business and the front-office credit business were separated, business operations and risk control were independent from each other, and meanwhile, it would support concentrated operations and increase service efficiency and core competitive strength to promote the integration of CCB operation model with the one adopted by international top commercial banks.