On January 18, 2021, the "2020 KPMG China Leading Fintech 50 and Report Release Conference" was held in Beijing. As a "regulatory technology" company in the Chinese fintech enterprise graph of KPMG China, Global Tone Communication Technology Co., Ltd., (GTCOM) was included in the list together with JD Digits, WeBank and ChinaUMS.

GTCOM has joined the "2020 KPMG China Leading Fintech 50"

GTCOM Is Included in the "2020 KPMG China Leading Fintech 50"

(Source: Report of 2020 China Leading Fintech 50)

KPMG is one of the four internationally renowned accounting firms (including PricewaterhouseCoopers and Deloitte). It is an international service provider offering financial services, such as audit, taxation and financial consultancy. In order to promote the wholesome development of China's fintech industry and support the building of China's fintech ecosystem, KPMG China has issued the "KPMG China Leading Fintech 50" every year since 2016. So far, the selection has been held for five times.

In this year's ranking, quantitative evaluation of enterprises was conducted from five aspects including technology and data, innovation and change, popularization of financial services, capital market recognition and development prospects. GTCOM was included in the list with its competitive regulatory technology applications and sound market recognition. It was also the second consecutive year that GTCOM had been selected after being included in the list in 2019 for its exploration and practice of cutting-edge financial technologies in quantitative investment, technological innovation, financial regulation and other fields.

Introduction of the 2020 KPMG China Leading Fintech 50

(Source: Report of 2020 China Leading Fintech 50)

GTCOM Discusses "Co-building a Fintech Ecosystem" as the Representative of Selected Enterprises

At the report release conference, representatives from research institutions, award candidate enterprises, overseas fintech companies, financial institutions and KPMG's fintech partners discussed the latest fintech developments and trends as they witnessed the release of the "2020 KPMG China Leading Fintech 50" via offline or online channels. Li Yunyi, general manager of Fintech Business Group of GTCOM, spoke at the forum titled "Co-building a Fintech Ecosystem."

Li Yunyi, general manager of Fintech Business Group of GTCOM

"Fintech will continuously be deeply integrated into the industrial chain, supply chain and value chain of the real economy." Li Yunyi noted in her speech that, based on the core data assets such as fintech big data, industrial chain graph, supply chain graph, risk event graph, global patents and scientific literature, as well as artificial intelligence technologies including the knowledge graph and transmission models, GTCOM has developed core applications for the intelligent identification and monitoring of related information as well as the panoramic analysis of value and risks, and has realized the one-stop fintech services covering financial regulation, risk control and financial quantification.

"In the new year, GTCOM will focus more on the quantification of alternative data and the application of regulatory technology." Li Yunyi said that in terms of data quantification, with the increasing efforts in regarding to opening-up throughout the financial sector, GTCOM will continuously build alternative data of various categorization in relation to the capital market, leverage deep-learning algorithms, constantly iterate and optimize the trading models, and explore the means for achieving higher excess earnings. In terms of regulatory technology, the company's current regulatory technology has encompassed application scenarios such as identity control and customer due diligence, risk management and system evaluation, compliance management and reporting, digital reporting and internal behavior regulation. In the future, it will also establish an intelligent risk-control system for the industry based on big data and artificial intelligence technologies.

AI-Based Fintech Empowers the Industry's Development and Innovation

GTCOM has created a fintech ecosystem that encompasses regulatory technology, alternative data, trading strategy and index R&D so as to develop and strengthen the financial sector.

JoveGraph is one of the company's emblematic applications of financial regulatory technology. Thanks to powerful big-data resources and enterprise knowledge graphs together with the core processes of value mining and risk identification, it conducts panoramic analysis of the industry status and value space of enterprises and products from multiple perspectives. These include industrial chain graphing, supply chain graphing, contrastive analysis of peer enterprises and enterprise-value risk assessment, so as to facilitate financial institutions to timely understand the latest industry and corporate information and risks. Its underlying industrial chain data cover 12 levels of industrial classification, more than 4,000 standard products, 12 years of historical data and 300,000 business segments; the literature data include more than 60,000 research reports, white papers and consulting reports; the risk labels include 11 level-1 categories, 233 level-2 categories and more than 50 financial classification labels. Based on the JoveGraph financial regulatory technology application, the company has signed cooperation agreements with SZSI (SZSE), E-Capital Transfer, Guosen Securities, Guokuan Zhiyun, Baker Tilly China and other leading institutions.

JoveLite is the digital, new-value investing tool for individual users, having been designed on the basis of the financial regulatory technology platform, JoveGraph. It realizes the digital and visual analysis and display of the industry and enterprise value based on information from multiple dimensions, including the location of industry chains and the opinions of expert analysts. Given the deep fusion of AI, big data and finance, JoveLite successfully integrates Wall Street investment logic so that localized transformation and upgrading can be achieved on the basis of the A-share market characteristics. Thus, it gives individual users the basis for decision-making so as to screen industry-leading companies while allocating core assets. With JoveLite, more individual investors can prosper with value investing.

From "2018 China: Fintech Innovative Enterprises of the Year" to "Cutting-Edge Technology Product of the Year" of the 2018 T-EDGE Awards and the "KPMG China Leading Fintech 50" in both 2019 and 2020, GTCOM's fintech exploration has gained higher attention and recognition in the industry. Nowadays, global financial institutions are promoting quality development via AI. GTCOM will continuously explore cutting-edge technologies so as to provide AI-based fintech solutions and technical support to enterprises, institutions and organizations in the global financial industry chain.