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Recently, the world-renowned technology market research organization (IDC) officially announced the "IDC China Emerging Fintech 50 2024" list, which has attracted much attention in the industry. Magic Intelligence has been listed in the list with its outstanding innovation strength, deep technical accumulation and high growth in the field of financial technology.

【Global Perspective，Selecting innovative financial technology forces】

It is reported that IDC was founded in 1964 and established a branch in China in 1986. It is the first world-renowned technology market research organization to enter the Chinese market and has strong credibility and influence internationally. So far, IDC has provided global, regional and local professional perspectives and services for technology and industry development opportunities in more than 110 countries.

IDC focuses on financial technology innovation from a global perspective and continuously tracks financial technology companies. The "IDC China FinTech Emerging 50" list initiated by IDC aims to discover high-quality companies in terms of technological transformation, technological empowerment, and the combination of technology and financial business, and focuses on and promotes innovative forces in the field of financial technology. It is one of the most authoritative and reference-worthy evaluations in the industry.

【Focus on Finance，Build a high-value business AI platform】

As an AI model comprehensive service provider deeply engaged in the fields of financial credit risk control, model risk control and marketing operations, Magic Intelligence takes "making AI a new quality productivity in finance" as its mission, deeply practices the concepts of curiosity, purity, extreme and altruism, and innovatively develops and creates the "Financial MLOps Model Development and Management Platform". With a set of comprehensive products and solutions, it provides financial institutions with "explainable and simplified AI modeling system", "efficient and convenient model deployment and online system", "'effective and practical model risk management platform'", and "bank-level AI middle platform", which meet the full process needs of financial institutions from feature development, model and strategy development, to deployment monitoring, and unified model management, and enable financial institutions to upgrade their business, implement compliance risk control and digitalization.

Magic Intelligence's "Financial MLOps Model Development and Management Platform" focuses on the entire process of model development and model management. On the one hand, it is committed to opening the black box of the model through explainable and visualization technologies, integrating more than 300 automation technologies, and creating a 5-step ultra-fast modeling platform with a mouse, which greatly reduces the modeling threshold for business personnel and improves the trust in the model, solving the problem of shortage of compound modeling talents in financial institutions, and at the same time achieving the goal of reducing costs and increasing efficiency for financial institutions.

On the other hand, in accordance with the "Artificial Intelligence Model Risk Management Framework" jointly issued under the guidance of the China Banking Association, we innovatively launched a three-level model risk management construction solution of strategy-business-platform to help financial institutions build model management organizations, systems, processes, and documentation systems; sort out the business processes of the model in the institution; and support and implement model risk management through the platform, thereby completing the all-round and systematic implementation of model risk management, helping financial institutions to respond to regulatory requirements and enhance the bank's risk management and early warning monitoring capabilities.

【Excellence and Innovation，Won multiple recognitions from government, industry and market】

From business-side data modeling and analysis, to the establishment of a bank-wide model risk management system, to today's integration of large and small models and unified management, Magic Intelligence has always taken the development of the times and the development of customers as the main service line, specializing in the integration and innovation of artificial intelligence and the financial industry, in order to provide customers with a platform and service that truly implements business and maximizes value. At present, Magic Intelligence's service customers have covered many types of financial institutions such as state-owned banks, joint-stock banks, provincial rural credit cooperatives, rural commercial banks, city commercial banks, village banks, insurance, securities, consumer finance, etc., and have received unanimous praise from customers.

It is worth mentioning that with years of solid development and courageous innovation, Magic Intelligence has also achieved a lot in market recognition. The company has won the third prize in the industry finals of the 13th China Shenzhen Innovation and Entrepreneurship Competition, the top 50 financial technology companies of KPMG, the top ten startups in the national AI field of NVIDIA and the special prize, the commercial bank intelligent application track of the iFlytek Developer Competition, the silver medal of the 2022 Digital Financial Innovation Competition, and the bronze medal of the national finals of the Kunpeng Application Innovation Competition. In 2023, it completed the Shenzhen "specialized, refined and new" enterprise certification, and has been recognized by the government, customers and the industry.

This selection is not only a recognition of Magic Intelligence's technological innovation and development in the field of financial technology over the years, but also a good expectation for the company's further technological breakthroughs and continued pursuit of excellence. Magic Intelligence will continue to uphold the development mission of "making AI a new quality productivity in finance", work with financial ecosystem partners to jointly promote the vigorous development of financial technology and help financial institutions accelerate their digitalization.

Source: China Fortune Network

(Source: Financial Information)

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