The Design And Implementation Of The Bank Electronic Commercial Draft System

With the steady development of the economy, the quantity of the non-cash payment business in our country grows rapidly. The conflict between the market demands of the commercial draft business and the backward electronical step of the bank commercial draft is becoming more serious day by day. The cases often occurs such as fake and doctor the draft , carry out the draft business illegally ,collude with the outside to defraud the bank funds by utilizing the draft. The draft type is single, the daft business developed unbalanced, the participant of the draft market is less, and the uniform draft market has not formed, etc, all the above factors restrict the healthy development of the draft market. In order to perfect Chinese modernization payment system further, push forward the development of the draft business and the draft market in our country , The People's Bank Of China start to establish the electronic commercial draft system(ECDS) in January, 2008. Up to July, 2010, the ECDS had expanded and been online in the national scope, the number of the organization connected to the EDCS amount to 316,the net node add up to 64681. The establishment of the EDCS marks that the draft business in our country has entered into the electronic age and would have a deep influence in promoting the electronic trade and draft market development. It is another important milestone of the informationization and electronizatio of the financial development course. On the ECDS platform of the People's Bank Of China, the city commercial banks start to improve and establish the new generation draft system intelligently- the Bank Electronic Commercial Draft System.According to the above background,the item of The Bank Electronic Commercial Draft System have been instituted. We made an an unified planning on the currenty draft business system ,and decided to create a comprehensive platform which include the electronic commercial draft and the paper commercial draft business on the basis of the draft business process of the profession.Then it will Carry out the management of the whole draft business bargain in the bank.We will try hard to build up a multi-function and comprehensive management system of the commercial draft business with the features of security ,efficiency, unified standard and convenient.The bank electronic commercial draft system connect with the ECDS outward and is responsible for the exchange of the electronic note information , while inside it connect to he Internet banking system , the credit management system and the core system. It coordinates with the internet banking system to carry out receive, register, transmit ,discount, of the electronic commercial draft,public offer and the paper commercial draft function ,such as register and inquire,etc.By connecting with the credit system and the core system internally ,it could be engaged in the accounting , checking,credit approval ,overdue process of the commercial draft business.The bank electronic commercial draft system belongs to the business processing system in the bank information systems. It is adopted the JAVA/J2EE system structure and using the multilayer architecture of J2EE technically. The J2EE multilayer architecture divided the user view, business logic, data persistence completely .So the whole system can expand and upgrade strongly.System design is based on the design mode of the Service-Oriented method. The system centralize many components which would be reused widely,then integrate the services through the packing of different components to adapt to the extension of the business product. This bank electronic commercial draft system have used the database management product of Oracle 10g.The commercial draft systems in every city commercial banks belongs to the participant of the ECDS. It is the sub-system and the totality.The moving of the electronic commercial draft must be registerd and transmited by the ECDS. The information of all the electronic commercial daft status will be subject to the record of the ECDS. According to the middleware and XML message , the participants of the systems in the whole ECDS carry out the registering and moving of the draft.XML is an extensible markup language .The XML file which includes the XML markup language and text data consists of declaration, handle instruction, element and exegesis. The technology of XML is widely used in the various information system of banks according its features such as flexibility ,etc. It will achieve the share of data among isomeric databases. In the finance service industry ,the agreement standards using the XML technology have already been developed such as FIXML ,FpML ,etc. We can foresee the XML technique would be more broadly applied in the bank information system with the more dependence of the bank information system to network and the increasing maturity of the XML technical.The completion of the bank electronic commercial draft system satisfied the business need of the city commercial bank according to the People's Bank of China, normalized the operating process of the draft business, prevented the he business risk efficiently and relized the centralized and intensive management of draft business. Along with this system have been running steady ,the city commercial bank could get a seat in the vigorous competition in the draft market, provid more high-quality service for customer in order to attract and firm the high level customer, do the financing service for the small and medium enterprises.