The Research For Shareholding Commercial Bank Core Banking System

China enter into the WTO, China has accelerated the economic environment and the environment of the financial system reform, banking on the one hand have to face the increasingly fierce competition from domestic banks, on the other hand ,foreign banks from the other competitive pressures are gradually becoming apparent. How dose Chinese native bank competed with overseas bank? How dose the share-holding banks enhance the core competitiveness? By improving high-tech contents of the financial products, extending the financial services, enhancing the bank's core competitiveness has become the consensus of the banking circles. But how dose Chinese native bank competed with overseas bank? How dose the share-holding banks enhance the core competitiveness? Constructing the new generation of core banking system, implementing the information transformation, has become the most important work.What is the power behind finance transform in the recent years? The answer is the development of the information technology, as well as information technology in finance industry application and promotion. According to the statistics, the near for five years 95% financial innovation realization all is comes from to the information technology, causes take the principle which approximately wins to rewrite as to quickly sends the victory, to newly sends the victory. In order to simply outline the function of the core bank operational system, some people list this kind of visualized equality: Core competitive ability was equal to core business system adds on human resources to add organization system. The core competitive ability is defined the ability which cannot be substituted for the enterprise, because core business system develops in the modern commercial bank is playing the vital role, it is called together with the human resources and the organization system the core competitive ability the golden triangle.Core banking system is the "heart" of the bank operational system operation, also known as core banking business, all about the deposit, the loan account service operation all are completes in the core business system. Its main service includes: customer information management, deposit service, loan business, total account as well as save, the loan account during the time operation to these and so on. Because the core business system is a backstage system, therefore all visits to it are carried on by kinds of service channels. Regardless of the customer transaction which comes from the cabinet system, ATM/POS or other ways, like the telephone banking, the on-line bank, the customer service center and so on, this transaction can transmit the backstage the core business system, carries on the updates of the customer account and the total account . Therefore, the core business system is the record points of the banking transaction, the account item and the customer, is the foundation of the bank heart and the operation.The core banking system has approximately experienced three stages in the international development, firstly, is the 20th century50's emerges by electron accountant and the checkout system, by now the bank core business system was the bank accounting system, since long ago, Chinese bank continuously takes equates the core business system equal to accountant system, regards the settlement result and the account process as bank daily transaction activity ; the second is the electron transaction processing system which the 20thcentury 70's appears, at that time started to take the loan, the settlement and the middle service into the core business systems, by now the bank core business system is considered as a transaction processing system, it was actuates the accounting and the payment through the transaction factors; the third is the innovation of the financial IT technology, causes at present to be popular with the "an account", contains risk management, customer relation management, capital disposition and so on, it's a new core banking system. The core banking system is take the customer as the center of the transaction processing system which has the product to manage, it the center transforms from the accountant system by the transaction actuation to the processing system which takes the customer as the center according to the product management. This definition has highlighted two points, namely take customer as central and emphasis product management. This also is the most typical character of the third generation core banking system.At present, the domestic share-hold commercial bank existing core business systems (mainly processing the accountant core of banks, accountant, transaction and so on) basically are the second-generation core banking systems, usual developed before 3 to 5 years. Because of these limitations of the bank management way, the business scope and the software development level, the application systems basically are independent and separate, the application system data can't effective sharing, gradually exposed the deficient in the function and the performance. Because the domestic bank original function is equal to manages the account for the enterprise, the bank provided the loan according to the policy claim, manages account for the enterprise, therefore the original systems were take the account management as a center. But now, the bank essentially is not different from enterprise, only it provided the financial product and the service, and depends on this to earn the profit. Very difficultly carries on the generalized analysis take the account management as the central old system to the customer and judges, thus provides in administrative levels the customer service, and so on many aspects also with difficulty adapts the global banking industry's steep competition in the product innovation, therefore the bank must have to design and to transform own which takes the customer as the center core business system.Simultaneously, the domestic share-holding commercial banks must raise management level, the vocational level and the service level, gradually improves and establishes more application systems, such as the analysis system, DSS and so on, all must originates take the core business system as the strut and the data, the establishment of other systems lacks the ability to do in the not steady situation"The Thematic Reports of Core Application System About China's Banking in 2005" indicated that 60% of the domestic banks have been difficult to improve efficiency, which have encountered many difficulties in business operations. As a result, in china, increasingly share-holding commercial banks realize that if they want to hold the marker share in the domestic and foreign keen competition environment, must replace the existing core system. Introduces the overseas modern core business system is the very good solution, simultaneously also catch up with foreign banks, the competition to a great opportunity.Now, the modern core banking system in the world is widely accepted, because it can not only allocate of the data, risk and customer resources, but also shape the bank core competitiveness. Structures and modular product concepts of the bank offers a flexible product design platform, the platform of products can share services in various channels, reflecting the integration and business ideas. Meanwhile, products which were designed in the platform satisfied international standards, which as the domestic banking to master the international common language.The experts estimated that, the coming 3 to 5 years, under the foreign capital bank competition pressure, domestic banks will appear the high tide to introduce the overseas core business system. Also some professionals believed that, introducing the core business system software is the Chinese banking information way that must be taken, the bank has not the second choice.Foreign core business system is a huge project, the existing system will be replaced by a new system entirely by the requirements of all, taking the comprehensive system management and process transformation and innovation of this amounts as a "heart-surgery" ,may be reborn, may also experienced risk. The introduction of the first foreign banks core systems indicates third generation of core system the difficulty, has fully demonstrated the core banking system of the arduous and risky.This article takes share-holding commercial banks core banking system as the issue of the introduction of research topic, hoping that through this study of the issue to conduct more comprehensive studies, also to provide useful ideas for commercial banks such as kinds of projects.