Company Profile

BOC Financial Technology Co Ltd, or BOC Fintech, was founded in Shanghai in June 2019 as a subsidiary of Bank of China focusing on financial technology services. As the group's comprehensive service base for its technology system, non-financial scenario construction base, innovation platform, and unified output channel, BOC Fintech optimizes services within the group by introducing new technologies, exploring new models, and connecting new scenarios. It accelerates the development of service capabilities, aiming to be a commercially sustainable financial technology platform with banking characteristics.

Main Business

BOC Fintech mainly serves the internal needs of BOC. Its operations include undertaking system construction and technical services for integrated operating companies, developing non-financial scenario ecosystem projects for the head office and branches, expanding innovation cooperation ecosystems, offering rural vitalization consumption assistance, and advancing the offering of products and technologies.

• Integrated Operating Services

BOC Fintech undertakes application system construction and technical services for integrated operating companies. It is responsible for platform-type system construction for the integrated management of these companies and assists in promoting the group's common and general business systems.

• Non-Financial Scenario Ecosystem Services

Driven by value creation, BOC Fintech provides the head office and branches with non-financial product services in the form of systems, platforms, and SaaS. These services are centered around corporate, government, and daily life, achieving the integration of financial and non-financial services.

• Innovation and Output

Based on application, technological, and model innovation, BOC Fintech connects internal and external resources through an incubator model to meet the business development and technological innovation needs of the bank. In collaboration with the head office, it has created a unified channel for technology transfer for the group. It also responds to regulatory requirements by providing overall solutions for risk management and financial technology innovation to small and medium-sized financial institutions.

• Rural Vitalization and Consumption Assistance

Adhering to the concept of "the internet plus rural vitalization", BOC Fintech has integrated policy advantages, market resources, and technological capabilities, developing the "BOC Shanyuan" consumption assistance e-commerce platform. The platform is dedicated to matching the supply and demand sides of agriculture products, while providing efficient management tools for central ministries, enterprises, local governments, universities, and research institutes to carry out consumption assistance and boost rural vitalization.

Qualifications and Honors

• Recognized as a national high-tech enterprise
• Selected for the first batch of "digital transformation and AI industry talent bases" by the Ministry of Industry and Information Technology
• Electronic data interchange ( EDI) license
• ICP (Internet Content Provider) license 
• Certification for CMMi 5 and TMMi 5; the "Excellence in Practice Award" and "Excellence in Contribution Award" from the TMMi Foundation China
• Certification for ISO9001 quality management capability, ISO27001 information security capability, ISO20000 IT service management capability
• Selected for the IDC China Fintech 50 list for many years
• Selected for the KPMG China Fintech 50 list for many years
• Selected as a 2024 fintech product innovation excellence case by The Banker magazine in recognition of its innovation in corporate treasury
• 2024 Financial Products and Service Solutions Innovation Award of Financial Computerizing magazine 
• 2024 fintech innovation application typical case of the China Academy of Information and Communications Technology (one-stop asset management investment research solution based on big data and AI technology)

• Digital inclusive finance “benefiting enterprises” excellent case of the 2024 China Digital Inclusive Finance Conference (BOC Enterprise e-Butler Digital Cloud Service Platform)
• Partner enterprise for the construction of the “2024 Chinese treasury development benchmark enterprises among SOEs” database
• First Prize of the 2023 "Science and Technology China" Fintech Innovation Competition
• 2023 Fintech Innovation Award of Financial Computerizing magazine 
• "Best Business-Finance Integrated Service Provider" of 2023 China Treasury Awards
• Typical case of the "intelligence empowers hundred scenarios" AI innovation application pioneer zone launched by the Ministry of Industry and Information Technology in 2022 (inclusive finance)
• Digital Technology Innovation Award of the 2021 China Financial Digital Technology Innovation Competition (Fuxing Yihao Smart Party Building Platform）
• Second Prize for Best Solutions at the 2020 China Banking Fintech Application Achievement Competition (intelligent global anti-money-laundering solution)
• The Asian Banker Risk Technology Implementation Award in 2019 (global risk mitigation system)

Contact information

Address: No 288, Kayuan 2nd Road, Pudong New Area, Shanghai

Tel: +86-21-38973866

Email: bd_bocft@bank-of-china.com

Website: https://www.fintechboc.com