CMB Head Office Signs Up With Ultipa

The head office of China Merchants Bank (CMB hereafter) recently signed up with Ultipa, a graph database startup. The two parties will carry out in-depth collaboration on mid-end graph system for liquidity risk management, retail real-time anti-fraud decision-making system, and other aspects of financial technology innovation and applications.

It is learned that the mid-end graph system for real-time intra-day ALM (Liquidity Risk Management) is a highlight of this cooperation, and also a pioneering attempt by Ultipa and CMB for meeting and exceeding the expectation of core monitoring indicators of Basel III, such as LCR (Liquidity Risk Management). This cooperation opens a new chapter of mutually beneficial and win-win strategies between CMB and Ultipa. In the future, the two parties will give full play to their industry experience and underlying technology advantages, work together to create a highly competitive and personalized financial technology service mode, and jointly promote the digital and intelligent development of the financial technology industry.