Digital China Financial Cloud Service

About Digital China Financial Cloud Service

Shenzhou Rongxin Cloud Technology Co., Ltd., formerly known as Digital China Financial Cloud Service (DCFCS), was established on May 21, 2015. The company operates as a subsidiary of Digital China Group, a prominent IT service provider in China founded in 2000. DCFCS specializes in providing comprehensive information technology outsourcing and cloud services to the financial industry, with a particular focus on rural and community banks. Its business model centers on delivering a full suite of services, including technology development, software services, data processing, and cloud platform solutions. This allows client banks to rapidly establish and expand their operations without the need for extensive in-house IT infrastructure.

The company's core offering is a financial cloud platform that leverages an advanced technology architecture for full cloud-based deployment. This platform includes proprietary banking information systems and is supported by a professional operations, maintenance, and development team. DCFCS operates a financial data center in Xi'an that meets the regulatory standards of the China Banking and Insurance Regulatory Commission (CBIRC), into whose non-resident centralized outsourcing service supervision and evaluation system the company was incorporated in 2015. Services provided encompass banking cloud, non-banking financial cloud, and scenario-based financial cloud solutions. The company also offers specific solutions like a comprehensive credit investigation and reporting system compliant with central bank requirements. By 2021, the firm had provided IT outsourcing services to over 200 banking institutions.

As of December 2021, the company successfully completed a Series B financing round for an undisclosed amount. The legal representative is Liu Shengrui. DCFCS is positioned within the broader Digital China strategy of "Data Cloud Integration," which focuses on core technologies like cloud-native, data-native, and AI-native applications to drive digital transformation across various industries, including finance.