Industrial and Commercial Bank of China
No.55 FuXingMenNei Street Xicheng District,
Beijing, 100140,
China
Beijing, 100140,
China
86 10 6610-6114
Banking and Financial Services
Industrial and Commercial Bank of China Technographics
Industrial and Commercial Bank of China Software Purchases and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Industrial and Commercial Bank of China and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 415159 Industrial and Commercial Bank of China employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Industrial and Commercial Bank of China has purchased the following applications: FIS Corporate Actions Manager (formerly XSP. eCAP and XSPrisa) for Workforce Management in 2014, Nacos for Generative AI Platforms in 2019, ICBC Xi Chain for Blockchain Platform in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Industrial and Commercial Bank of China is running and its propensity to invest more and deepen its relationship with FIS Global , Alibaba , In-House Applications 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 Industrial and Commercial Bank of China revenues, which have grown to $817.28 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 Industrial and Commercial Bank of China 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.
Industrial and Commercial Bank of China Data, Technology Stack, and Enterprise Applications
HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| FIS Global | Legacy | FIS Corporate Actions Manager (formerly XSP. eCAP and XSPrisa) | Workforce Management | HCM | n/a | 2014 | 2014 |
In 2014, Industrial and Commercial Bank of China implemented FIS Corporate Actions Manager (formerly XSP. eCAP and XSPrisa) as a cloud-based Workforce Management deployment to automate corporate actions processing. The finance-focused implementation centralized corporate actions data for ICBCFS in China and moved processing off manual list checks to an automated platform, reducing prolonged staff hours associated with manual reconciliation.
FIS Corporate Actions Manager was configured to automate corporate actions event processing and client notification workflows, and to enforce data-driven checks that had previously been performed manually. The implementation emphasized automation of list validation and notification orchestration, aligning processing workflows with operational controls typical of corporate actions operations.
Operational coverage targeted ICBCFS corporate actions teams in China, with corporate actions data hosted on a cloud-based platform to support centralized processing and client communications. Integrations were limited to the cloud data consolidation described in source documentation, with processing workflows scoped to finance and securities operations rather than enterprise wide HR or payroll systems.
Governance centered on moving corporate actions data to a centrally managed platform to standardize processing and reduce manual interventions, which streamlined notifications and lowered administrative workload. According to FIS client documentation, the deployment improved client notifications, cut operational risk, and lowered total cost of ownership while reducing long staff hours through automation.
|
AI Development
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Alibaba | Legacy | Nacos | Generative AI Platforms | AI Development | n/a | 2019 | 2020 |
In 2019, Industrial and Commercial Bank of China implemented Nacos from Alibaba. The implementation was identified in an Alibaba/Nacos community survey as an enterprise using Nacos to build cloud-native service registry and configuration capabilities in China.
The Industrial and Commercial Bank of China implementation of Nacos, classified under the Generative AI Platforms category, focused on service discovery and configuration center modules. Nacos was used to provide centralized service registry, runtime configuration management, dynamic discovery, metadata registration, and health check capabilities for cloud-native applications.
Public case detail for the ICBC deployment was not provided in the source, the vendor community listing supports inference that Nacos was applied within cloud-native microservices and platform engineering contexts inside ICBC's China operations. Typical deployment architecture for this pattern includes service registration endpoints, configuration storage and distribution, and integration points with containerized runtime orchestration and application platform tooling.
Platform governance for the Nacos implementation would be expected to cover service lifecycle management, configuration change control, and standardized registration workflows, although explicit governance, rollout, or outcome details were not stated in the source. The source reference is the Alibaba Cloud community survey and technical blog entry that lists Industrial and Commercial Bank of China as an enterprise user of Nacos for service registry and configuration center capabilities.
|
Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| In-House Applications | Legacy | ICBC Xi Chain | Blockchain Platform | Blockchain | n/a | 2021 | 2021 |
In 2021 Industrial and Commercial Bank of China deployed its self-developed ICBC Xi Chain blockchain platform to support finance processes including supply-chain finance, trade finance and capital management across China. The implementation positions ICBC Xi Chain as a Blockchain Platform used to instrument core financing workflows and on-chain funds management within the bank.
The deployment organized functionality into category-aligned modules inferred from ICBC public descriptions, including trade finance capabilities, supply-chain finance capabilities and capital management workflows. The platform supports blockchain-typical capabilities such as permissioned ledger records, smart contract driven settlement and on-chain asset representation to standardize transaction lifecycles across participants.
Operational rollout focused on participant onboarding across China, enabling over 1,000 service organisations to transact on the chain and bringing more than RMB 10 billion of funds under on-chain control. Business functions impacted include corporate trade operations, supply-chain finance teams and treasury or capital management groups, with the implementation requiring governance processes for participant access and transactional workflow coordination.
ICBC Xi Chain, as the deployed Blockchain Platform, is the bank's instrument for consolidating finance process orchestration on-chain and for supporting multi-party financing scenarios at scale within China.
|
Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Audio Video and Web Conferencing | Collaboration |
|
2017 | 2017 |
|
|
|
|
|
Audio Video and Web Conferencing | Collaboration |
|
2017 | 2017 |
|
Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Enterprise Content Management | Content Management |
|
2015 | 2015 |
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2015 | 2015 |
|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2016 | 2016 |
|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2017 | 2017 |
|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2023 | 2023 |
|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2020 | 2020 |
|
|
|
|
|
Content Delivery Network | IaaS |
|
2017 | 2017 |
|
|
|
|
|
Content Delivery Network | IaaS |
|
2021 | 2021 |
|
|
|
|
|
Content Delivery Network | IaaS |
|
2013 | 2013 |
|
CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
DDoS Protection | CyberSecurity |
|
2011 | 2011 |
|
|
|
|
|
Web Application Firewalls (WAF) | CyberSecurity |
|
2011 | 2011 |
|
IT Decision Makers and Key Stakeholders at Industrial and Commercial Bank of China
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Industrial and Commercial Bank of China Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD Industrial and Commercial Bank of China Technographics
Industrial and Commercial Bank of China is a Banking and Financial Services organization based in China,
with around 415159 employees and annual revenues of $817.28 billion.
Industrial and Commercial Bank of China operates a diverse technology stack with applications such as
FIS Corporate Actions Manager (formerly XSP. eCAP and XSPrisa), Nacos and ICBC Xi Chain,
covering areas like Workforce Management, Generative AI Platforms and Blockchain Platform.
Industrial and Commercial Bank of China has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as FIS Global, Alibaba and In-House Applications.
Industrial and Commercial Bank of China recently adopted applications including
Tencent Cloud GCC in 2023, ICBC Xi Chain in 2021 and Quantil CDN360 in 2021,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Industrial and Commercial Bank of China’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Industrial and Commercial Bank of China’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 Industrial and Commercial Bank of China technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.