Hang Seng Electronics is a financial technology company with the mission of "making finance simple", headquartered in Hangzhou. It was established in 1995 and listed on the Shanghai Stock Exchange in 2003 (600570.SH). The company focuses on the financial industry and is committed to providing overall solutions and services for securities, futures, funds, trusts, insurance, banks, exchanges, private equity and other institutions. The main business segments can be divided into large retail IT, large asset management IT, enterprise, insurance core and infrastructure IT, data risk and platform technology IT, Internet innovation business and non-financial business. The
LIGHT technology platform is a financial digital infrastructure independently developed by Hang Seng . It is also a new generation of information and innovation infrastructure. The LIGHT platform has ten major technology stacks: cloud native, microservices, low latency, database, big data, artificial intelligence , performance, low code, front-end, and blockchain, which can meet the financial industry's technical needs for cloud native, high performance, digital intelligence, and .
The company’s 2021 operating income is 5.497 billion yuan, net profit is 1.464 billion yuan, and the number of employees is 13,310.
Localization/Innovation Qualification
1, LightDB, a financial distributed database independently developed by Hundsun Electronics, has fully passed the three "trusted database" evaluations (basic capability evaluation, stability special evaluation, and performance special evaluation) of by the Academy of Information and Communications Technology. The maturity and leadership of database technology capabilities have been certified by industry standards and authoritative organizations.
2 and JRES3.0, the distributed microservice middleware independently developed by Hundsun Electronics, passed the Xinchuang confirmation test of the Fifth Research Institute of Electronics of the Ministry of Industry and Information Technology of China (China Saibao Laboratory), covering functions, ease of use, maintenance, security, performance efficiency and other aspects.
Confirmation test report
Upstream industry chain
servers: Kunpeng, Haiguang, Loongson.
operating system: Kirin OS, Tongxin UOS.
middleware: Baoland , Dongfangtong.
Downstream industrial chain
Hang Seng Electronics mainly serves financial institutions, providing financial institutions such as securities, funds, futures and other financial institutions with an integrated financial credit innovation solution that integrates "consulting planning-architecture design-implementation delivery-after-sales operation and maintenance" to help the financial industry create high-quality development.
Typical customer case introduction:
1, China Merchants Securities : New Generation Core Business System Innovation and Application Project
project is based on 's independently controllable national core server, operating system, distributed database , distributed middleware and other independent and controllable infrastructure resource platforms, to carry out all-round domestic compilation, adaptation, transformation and construction of the new generation core system. Hundsun Electronics and China Merchants Securities conducted an in-depth analysis of the characteristics of the brokerage business in the securities industry and the difficulties faced by the application innovation and replacement of critical information infrastructure, and proposed a targeted core system infrastructure application solution, achieving a comprehensive reconstruction of the architecture, which has the characteristics of "high capacity, large concurrency, and low latency". It also has the characteristics of horizontal expansion, loose coupling, componentization, rapid iteration, grayscale release, and elastic resources.
2, Soochow Securities : "TA System + LightDB Database" project
In 2021, the "TA System + LightDB Database" project jointly created by Soochow Securities and Hang Seng Electronics was successfully launched online. Soochow Securities has become the first securities company to cooperate with Hundsun Electronics on the "TA+LightDB Database" Xinchuang project and put online on the basis of fully evaluating all aspects of functions and performance. Through the full cooperation on this project, Hundsun Electronics assisted Soochow Securities to complete the comprehensive information innovation selection and adaptation transformation of the basic software and hardware of the TA system, realizing the construction of a full-stack information innovation system.
3, Zheshang Securities : User-centered system
This project is based on the new generation distributed microservice middleware JRES3.0 independently developed by Hundsun Electronics, and builds a user-centered system based on this new architecture. Hundsun Electronics assisted Zheshang Securities to use user-centered business scenarios as the driving force and use distributed microservice architecture technology to complete the sharing and co-governance of unified users, and first explore the basic services of building a business center. As an industry infrastructure innovation pilot, Zheshang Securities was the first to realize comprehensive innovative application of information technology infrastructure from underlying hardware, cloud platform software, databases, middleware and other information technology infrastructure, and won the third prize of the "2020 Financial Technology Development Award" issued by People's Bank of China .
core technology and product breakthrough
1, distributed microservice middleware Light-JRES
Light-JRES is an enterprise-level application rapid development platform and multi-system integration platform for the financial field. It not only reduces dependence on infrastructure, but also has reusable, scalable and high-security features in terms of business, reducing the technical requirements for business development and operation and maintenance personnel. JRES middleware realizes the service of common technical components, such as: distributed cache , message queue, distributed transactions, etc. It achieves maximum reuse of technical components through application sharing and multi-tenant isolation, reduces system resource consumption and allows technical components and business common modules to sink, thereby supporting rapid innovation and iteration of business and improving the ability to respond quickly to user needs.
2, distributed low-latency middleware Light-LDP
Light-LDP is a development platform with the characteristics of low latency, distributed decoupling , flexible and open, etc. It supports microsecond-level business applications of financial institutions. It is mainly targeted at strategic trading, algorithmic trading , intelligent routing and other scenarios for brokerage self-operation, brokerage asset management and brokerage institutional business. The main features of the LDP platform include: independent research and development, no reliance on third-party libraries, and a solid foundation; low latency, using self-developed memory database calculations, shared memory end-to-end delay 70ns, multicast network end-to-end delay 1.1us, futures core uplink penetration delay reaching 1.43μs, currently among the fastest in the industry; high Concurrency, the system throughput exceeds 35 million transactions/second, and supports further vertical and horizontal expansion; high availability, supports multiple modes such as active-active, synchronous/asynchronous replication, and no data loss when switching; plug-in/openness, can be quickly expanded in the form of plug-ins; adopts a combination of software and hardware, and uses FPGA on the core system to achieve acceleration.
3, financial-grade distributed database LightDB
LightDB is a converged distributed database that supports online transaction processing and online analysis processing. It has core features such as high compatibility with SQL, elastic capacity scaling, financial-grade high availability, modern hardware integration, and pure memory computing. It is suitable for financial systems with high requirements on availability and consistency. LightDB has enterprise-level features of "faster, more stable, and better understanding of finance": It adopts a single-machine distributed integrated architecture, supports both centralized and distributed deployment, and has very low jitter under long-term high-load stress testing; in terms of performance, it can conduct typical securities orders on a single node under the high-availability Xinchuang software and hardware in the same computer room tps Under load conditions of 6000 during the stress test, the full-link latency was less than 10ms; under high availability, failover RPO=0, RTO=5s, achieving horizontal expansion under the JRES3.0 application architecture, with no perceptible decrease in tps and latency. It supports Oracle/MySQL/PG syntax, meets the needs of legacy application integration and self-developed system integration, and provides three horizontal and two vertical security solutions, a professional monitoring and operation management platform and all-round guaranteed migration.