Customer Name: Shanghai Construction Engineering Group
industry: Fortune 500 companies
System name: Integration of Inspur Fund Management System
area: Shanghai
scene: Integrate the Inspur fund management system and connect it to the internal business approval system of Shanghai Construction Engineering Group to achieve the integration of business financial payment approval and settlement identity verification, ensuring the compliance and trustworthiness of payment nodes.
Shanghai Construction Engineering Group

Customer Profile: Shanghai Construction Engineering Group is one of the earliest state-owned enterprises in Shanghai to achieve overall listing. Formerly known as the Construction Engineering Bureau of the Shanghai Municipal People's Government founded in 1953, it was restructured as a group enterprise with Shanghai Construction Engineering (Group) Corporation as its asset parent company in 1994. In 1998, Shanghai Construction Engineering Group Co., Ltd. was established and listed on the Shanghai Stock Exchange. In 2010 and 2011, after two major reorganizations, the overall listing was completed. In 2021, the cumulative newly signed contracts amounted to 442.506 billion yuan, with operating revenue of 281.055 billion yuan, ranking 321st on the Fortune Global 500 in 2022 and 7th among the world's top 250 engineering contractors on the Engineering News Record (ENR) in 2022. In 2021, the production of commercial concrete reached 46.77 million cubic meters, ranking third in China and fifth in the world in terms of scale.
Requirement analysis:
① Account ID fraud/theft risk
Shanghai Construction Engineering Group has complete information management capabilities, and various financial related businesses have basically achieved online approval and processing. One account ID can represent oneself to perform various system operations. Once theft or fraud occurs, the business risk is high; Especially in the financial payment process, it is necessary to conduct cashier, review, and bank enterprise direct connection operations in accordance with audit requirements, and ensure that the person in charge operates personally to ensure the safety of funds.
② Key node denial risk
Due to the difficulty in avoiding the risks of account ID theft and impersonation, it is difficult to bind account operations with real identities. Once problems arise, financial approval, payment, and other key node operations confirm valid evidence to prove that the account owner operated the account themselves, and the true responsible person cannot be determined. The financial payment nodes lack favorable evidence, and the business process can be traced and blamed after problems occur. ③ Financial Payment Security Requirements
Ensuring the secure use of funds is an important task in financial management. The true identity and willingness of operators in approval, settlement, and other processes cannot be determined, and businesses always face doubts about the credibility of data and operation results. The compliance of financial payment processes and the security of fund destinations cannot be guaranteed. Therefore, it is necessary to use a trusted identity system to ensure that the operator's identity can be locked at any node of financial payment to ensure the credibility of data.
Solution:
Integrate the Inspur fund management system, connect to the internal business approval system of Shanghai Construction Engineering Group, and achieve the integration of business financial payment approval and settlement identity verification, ensuring the compliance and trustworthiness of payment nodes
Application scenario: Scenario 1: "Financial Payment Key Node Operator" identity authentication scheme - SMS verification code

Contract lock through the integrated Inspur fund management system, in the financial payment cashier


The system automatically triggers the approver's identity verification during the review and other stages to ensure that the individual is performing the operation. Scenario 2: "Financial Payment Key Node Operator" Identity Authentication Scheme - Ukey Verification. In addition to SMS verification code verification, UKey verification can also be selected during the payment process to intelligently compare PIN passwords and data signature information to ensure personal execution.

Application value:
By establishing a trusted digital identity environment, various online businesses can be conducted in a real identity environment, ensuring trustworthy operations, data, and business. Bind the virtual ID account in the business system with the user's real identity to ensure that the financial payment core node operations are based on the user's true intentions, effectively preventing repudiation, facilitating accountability, and strengthening business supervision. Replace offline identity determination and handwritten signature with online identity verification and data signature methods to improve the efficiency of settlement approval, eliminate paper, and enhance payment efficiency. Integrate with the fund management system to provide secure and trustworthy identity protection for financial payment transactions. Enable identity verification as needed at various nodes such as financial payments to easily verify valid identities and ensure safe and trustworthy online business operations.
  Click to enter and experience electronic signing for free now!