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Photo:Speech by representative from New Finance Magazine, organizer of the forum
Speech by representative from New Finance Magazine, organizer of the forum

In China major city banks and provincial-level rural credit cooperative unions are investing more money in IT infrastructure each year. To cope with this rising stream of investment, there is a greater demand for IT management and other methods to help manage financial risks and improve business efficiency. In the midst of these changing trends, the Seventh China Rural Credit Cooperative CIO Forum, organized by the New Finance Magazine, was held from April 20-22 in Guiyang City in Guizhou Province. This year marked the third time Hitachi Information Systems (Shanghai) Co., Ltd. (hereinafter, HISS) has participated in this forum.

Approximately 60 IT managers from rural credit cooperatives throughout China gathered to talk about IT-related issues. The main theme of this year's forum was "IT service and management at rural financial institutions", and there were some lively discussions as participants shared their views. During the forum the chief representative of the China Banking Regulatory Commission delivered a lecture titled "The Present Condition of Financial Risk Management at Chinese Rural Credit Cooperatives". There were also lectures given by the CIOs of Jiangsu Rural Credit Cooperative and Shandong Rural Credit Cooperative, both of which are leaders in IT management and practices. The CIOs from these cooperatives spoke about the introduction of IT infrastructure and financial business innovations within rural financial institutions. In addition, HISS gave a presentation about the automation of IT operation management, highlighting the installation of Job Management Partner 1/AJS3 at Jiangsu Rural Credit Cooperative.

Over the course of the three days at the forum HISS was able to hold in-depth discussions with CIOs from rural credit cooperatives. We are confident that these meetings helped to boost the presence of the Hitachi Job Management Partner 1 brand in the new financial business sector of the Chinese financial market that targets rural credit cooperatives. This will help us to earn the trust of potential customers and create new opportunities to provide them with our experience and technological services that have been built up during our many years in the field of system management software.