Bank of Hangzhou
27th Floor 46 Hangzhou Qingchun Road,
Hangzhou, 310003,
China
Hangzhou, 310003,
China
86 571 8515 1339
Banking and Financial Services
Bank of Hangzhou Technographics
Bank of Hangzhou Software Purchases and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Bank of Hangzhou and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 9139 Bank of Hangzhou employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Bank of Hangzhou has purchased the following applications: Murex MX.3 Enterprise Risk Management for Portfolio and Investment Risk Management in 2020, MX.3 for FRTB for Governance, Risk and Compliance in 2024, Huawei Cloud for Application Hosting and Computing Services in 2014 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Bank of Hangzhou is running and its propensity to invest more and deepen its relationship with Murex , Huawei Enterprise or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Bank of Hangzhou revenues, which have grown to $3.90 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Bank of Hangzhou intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Bank of Hangzhou Data, Technology Stack, and Enterprise Applications
Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Murex | Legacy | Murex MX.3 Enterprise Risk Management | Portfolio and Investment Risk Management | Investment Management | n/a | 2020 | 2021 |
In 2020, Bank of Hangzhou implemented Murex MX.3 Enterprise Risk Management to strengthen Portfolio and Investment Risk Management across its capital markets trading, risk and processing functions. The deployment targeted front to back to risk processing across asset classes and used a localized MX.3 package for the China market, with the project delivered in collaboration with Murex and a completed go live that eliminated the need for reconciliation across multiple IT systems.
Murex MX.3 Enterprise Risk Management was configured to provide OTC derivatives pricing, market risk analytics, collateral management and credit risk workflows. The implementation leveraged MX.3’s product catalog and advanced market risk functionality to enable foreign currency derivatives and exotic product trading, and to increase straight through processing for trading and post trade operations. Configuration work focused on pricing engines, risk valuation, collateral lifecycle orchestration and front office trade capture within a unified platform.
Operationally, the platform was rolled out across trading desks, risk management and treasury operations, providing end to end processing from trade capture through to risk reporting. The unified MX.3 environment consolidated disparate processing streams and reduced reconciliation touch points, enabling traders to roll out new products more rapidly. On the regulatory front, going live on Murex MX.3 enabled Bank of Hangzhou to comply with current Basel requirements and readied the bank for the Fundamental Review of the Trading Book FRTB.
Governance and delivery emphasized timely execution and quality assurance between Bank of Hangzhou and Murex, resulting in an operational platform that expands capital markets capabilities. Bank of Hangzhou gained access to an extensive product catalog and improved straight through processing rates, while market and credit risk teams now operate from a single Portfolio and Investment Risk Management platform that supports pricing, collateral management and risk control.
|
|
|
|
|
Trade Order Management System (TOMS) | Investment Management |
|
2021 | 2021 |
|
|
|
|
|
Trading Platform, Portfolio and Investment Management | Investment Management |
|
2020 | 2021 |
|
|
|
|
|
Trading Platform, Portfolio and Investment Management | Investment Management |
|
2021 | 2021 |
|
TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Murex | Legacy | MX.3 for FRTB | Governance, Risk and Compliance | TRM | n/a | 2024 | 2025 |
In 2024 Bank of Hangzhou selected MX.3 for FRTB to implement the Fundamental Review of the Trading Book using the Standardized Approach, expanding its use of Murex technology that the bank had first adopted in 2021 for capital markets activities. The MX.3 platform previously supported front-office, back-office and risk management functions across asset classes, and the 2024 decision extended that footprint into regulatory market risk capital computation and reporting.
MX.3 for FRTB was implemented with a preconfigured setup of FRTB Standardized Approach rules across multiple jurisdictions, complemented by customization to address China specific variations mandated by the National Financial Regulatory Administration. Key functional capabilities delivered include FRTB Standardized Approach rule engines, integrated model validation workflows, and configuration layers that accommodate NFRA deviations from the Basel Committee on Banking Supervision standards.
The FRTB solution was integrated directly into the bank's existing MX.3 platform, eliminating separate interfaces and reconciliation processes between market risk and front to back workflows. Operational scope for the implementation covered capital markets risk management, trading book capital calculation and product launch support, impacting front office, risk management and back office product control teams.
Governance and rollout followed a structured evaluation in January 2024, then an eight month delivery timeline executed with Murex professionals and external advisors to meet the January 2025 compliance deadline. The project leveraged Murex experience from more than 40 international FRTB projects and used packaged FRTB knowledge that Murex has developed since its initial FRTB solution release.
Explicit outcomes reported by the bank include achieved compliance with NFRA requirements, increased productivity through reduced reconciliation work and streamlined model validation, and shorter time to bring new products to market. This implementation is categorized under Governance, Risk and Compliance and aligns MX.3 for FRTB with the bank's regulatory capital and market risk governance needs.
|
|
|
|
|
Governance, Risk and Compliance | TRM |
|
2024 | 2025 |
|
|
|
|
|
Risk Management | TRM |
|
2020 | 2021 |
|
|
|
|
|
Treasury Management | TRM |
|
2021 | 2021 |
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Huawei Enterprise | Legacy | Huawei Cloud | Application Hosting and Computing Services | IaaS | n/a | 2014 | 2014 |
|
IT Decision Makers and Key Stakeholders at Bank of Hangzhou
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Bank of Hangzhou Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD Bank of Hangzhou Technographics
Bank of Hangzhou is a Banking and Financial Services organization based in China,
with around 9139 employees and annual revenues of $3.90 billion.
Bank of Hangzhou operates a diverse technology stack with applications such as
Murex MX.3 Enterprise Risk Management, MX.3 for FRTB and Huawei Cloud,
covering areas like Portfolio and Investment Risk Management, Governance, Risk and Compliance and Application Hosting and Computing Services.
Bank of Hangzhou has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Murex and Huawei Enterprise.
Bank of Hangzhou recently adopted applications including
MX.3 for FRTB in 2024, MX.3 for FRTB in 2024 and MX.3 Sales and Trading in 2021,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Bank of Hangzhou’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Bank of Hangzhou’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Bank of Hangzhou technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.