GenAI in Finance: iSoftStone Featured at the 6th China Financial Technology Forum during the 2024 China International Fair for Trade in Services

On September 13, the 6th China Financial Technology Forum, part of the China International Fair for Trade in Services, concluded successfully at Beijing Shougang Park. Sun Hongjun, CTO of iSoftStone’s Financial Business Group, delivered a keynote speech on iSoftStone's Practice and Thinking in AIGC.

As a leader in digital technology product and service innovation in China, iSoftStone consistently prioritizes the advancement of cutting-edge technologies and continues to expand its R&D investment in artificial intelligence. The company is at the forefront of fields like cloud computing, big data, the Internet of Things, AI, blockchain, and the industrial Internet. Through the creation of sophisticated AI platforms and tools, iSoftStone is driving the intelligent transformation of industries such as finance, manufacturing, and communications.

Sun Hongjun noted that in the era of intelligence, generative AI (GenAI) is increasingly impacting various industries, including entertainment, media, finance, education, healthcare, and manufacturing, delivering transformative experiences. However, GenAI technology also faces significant challenges, particularly in the financial sector, where key issues such as the reliability of text output, rapid technological iteration, and optimization of cost and resource investment need urgent resolution. To address these challenges, iSoftStone has developed a comprehensive architecture tailored to AI service scenarios. This framework serves as a central hub for enterprise-level AI application management and includes a robust platform designed to support financial industry clients with AI base model adaptation, private domain knowledge integration, and AI scenario configuration. iSoftStone has introduced a range of AI product solutions tailored for enterprise applications. These include the "AISE Integrated Platform" for software engineering, the "AI Text-to-Image Generation Scenario," and the "Knowledge Assistant" for business use. Additionally, "AI Writing" applications further support the digital and intelligent transformation of financial institutions, improving data utilization and enhancing operational efficiency. Through these successful implementations, iSoftStone has strengthened its technical capabilities and market position, showcasing its leadership in GenAI technological innovation.

In a detailed analysis of AI practices, Sun Hongjun highlighted several critical issues: the need to dispel the "illusion" surrounding large AI models, the significance of models and data, the necessity of model fine-tuning, the selection of knowledge bases, and decisions regarding open-source versus closed-source options.

He also discussed the integration of AI large models with traditional decision-making processes and the role of AI middle office in decoupling and linking computing power with applications, creating new opportunities in financial technology.

As GenAI technology continues to advance and its applications expand, it heralds a new era in financial technology characterized by greater efficiency, intelligence, and security. Looking ahead, iSoftStone remains committed to its core values of innovation, teamwork, and excellence. The company will persist in advancing GenAI technology, aiming for further breakthroughs and providing industry customers with increasingly sophisticated, intelligent and professional solutions.