Shenzhen Development Bank (SDB) has selected a platform from local vendor Yucheng Technologies to revamp its online banking offering.
The bank's new site will be built on top of Yucheng's proprietary enterprise model platform (EMP), which will integrate SDB's business lines, acting as the underlying software infrastructure.
Yucheng says its technology will help the bank improve functionality to meet the needs of a rapidly expanding customer base and mounting transaction volumes.
SDB will also add new features to its Web site for retail and corporate customers. Retail users will be offered a consolidated account view and credit and investment management, providing greater access to, and control of, their finances.
For corporate users, new features include cash management, custodian services, AR factoring, real-time cheque processing, international letters of credit and a flexible payment management system.
Weidong Hong, CEO, Yucheng Technologies, says: "Together with our EMP, we have introduced our customer to a comprehensive software platform that will better service their customers and manage their operations."
Yucheng recently implemented a report generating system for the bank.