Since 2005 when PBOC built enterprise and individual credit reporting database according to the deployment of the State Council, enterprise credit and individual credit have become an integral part of the economic system operation. On June 29, 2018, the PBOC Credit Reference Center issued a second-generation credit reporting system interface specification (﹝2018﹞No. 4, PBCCRC ). Compared with the present credit reporting system, the second-generation credit information system is with wider collection business scope and more data items; Common data collection standards can be reestablished and data collection of emerging credit business of commercial banks can be fully supported; a more convenient and standard credit information service can be provided; a better data quality control system and compliance management system can be established.
The credit business data reporting solution developed by RIKING is launched on the basis of the regulatory requirements issued by PBOC Credit Reference Center as well as the current construction situation and development needs of social credit system. With its mature, stable and efficient characteristics, it has been widely recognized by many financial institutions and become one of the RIKING's best-selling products on the market. In accordance with the latest interface specification about the second-generation credit reporting system, RIKING launched the Enterprise Credit Information Reporting Software II (ECIRS II), to help financial institutions to flexibly response to regulatory changes.