On January 12, the "2023 China Financial Science and Technology Innovation and Application Bund Summit Forum and the Final of the Third Competition" was successfully held in Shanghai, and the third Yangtze River Delta Financial Science and Technology Innovation and Application Global Competition ended successfully. RIKING won the 2022 Best Supplier Award of China Financial Technology in this competition! This competition is based on the practice of digital transformation and development and financial technology innovation and application. It has effectively formed an innovative application-oriented financial technology "resource ecosystem", which has been widely supported and actively participated by all sectors of society in the Yangtze River Delta region. It has developed into the most influential industry event in the domestic financial technology field.
The Yangtze River Delta Financial Technology Innovation and Application Global Competition is guided by the China Communications Society (CIC), the CIC Financial Technology and Digital Economy Development Expert Committee, the Shanghai Federation of Financial Industry, the Shanghai Interbank Association and East China Normal University, and led by the Yangtze River Delta Financial Technology Research Institute of East China Normal University, in conjunction with the Shanghai Huangpu District Financial Office, the Putuo District Financial Office, the Institute of Financial Technology of Zhejiang University, and the Suzhou Financial Technology Association Jointly sponsored by the Management Committee of Jiangdong Business District, Nanjing, with the strategic support of the magazine "Electronic Finance", as well as the active participation and strong support of 20 institutions, including the financial supervision department of Shangcheng District, Hangzhou, Jianye District, Nanjing, and the Shanghai Internet Finance Industry Association.
After more than six months of fierce competition, the competition received 457 entries in total. After the resumption activities in the four major competition areas of Suzhou, Hangzhou, Nanjing and Shanghai, and after the project review by 51 leading experts in the industry, 165 projects highly in line with the application scenario guidance of the competition were selected, and 111 high-quality shortlisted projects were selected. Finally, 60 financial institutions and technology enterprises were selected to win the prize. RIKING stands out by virtue of the unified regulatory compliance submission management software platform project and won the 2022 Best Supplier of China's Financial Technology Award.
RIKING Unified Regulatory Compliance Management Platform (F2RS) is a full-line regulatory compliance software platform that assists financial institutions to fully meet the relevant regulatory requirements of major regulators (including the People's Bank of China, the Banking and Insurance Regulatory Commission, the State Administration of Foreign Exchange, the Hong Kong Monetary Authority and the Macao Financial Authority), and provides customers with complete regulatory compliance solutions and system integration services.
