Industrial Bank Launches Corporate Finance Digital Co-Creation Lab

IB recently inaugurated its first-ever Corporate Finance Digital Co-Creation Laboratory (referred to as the “Co-Creation Lab”).

This initiative aims to strengthen technology empowerment and integrate business with cutting-edge technology. The lab focuses on corporate finance’s evolving demands for precision marketing, detailed management, and lean operations. By fostering an innovative collaborative mechanism that merges business with technology, the Co-Creation Lab accelerates the rapid implementation of digital technology in corporate finance, promoting high-quality development in this sector.

Following its establishment, the Co-Creation Lab will adhere to a digital operation philosophy, prioritizing business value. It will actively employ new technologies like artificial intelligence, large-scale models, and Robotic Process Automation (RPA) against the backdrop of real corporate finance scenarios. The objective is to construct a comprehensive digital assistant for corporate finance, develop digital tools to empower the entire marketing chain, and upgrade operational service models adaptable to various scenarios. This approach aims to optimize corporate finance business processes, control costs, and enhance efficiency and quality.