Shanghai Data Exchange Explained

Shanghai Data Exchange
Alt Name:Chinese: 上海数据交易中心
Type:Data exchange
City:Shanghai
Country:China
Founded:1 April 2016
Key People:Keven Tang Qifeng (CEO)[1]
Currency:RMB

The Shanghai Data Exchange (SDE;) is a data exchange centre based in the city of Shanghai, China. It is situated in the Jing'an district of Shanghai.

History

2016

Shanghai Data Exchange is approved by the Shanghai Municipal People's Government of Shanghai, Shanghai Municipal economic and information Commission, Shanghai Municipal Commission of Commerce official reply jointly to set up state-controlled mixed-ownership enterprises. By the Shanghai information investment company, China Telecom, China Unicom, China electronic information industrial group, Shen Neng (Group) company limited, Shanghai yidian holding (Group) company, Shanghai Jing praised technology development co, Shanghai information technology company limited, Wanda information company limited, Shanghai Alliance investment management company jointly founded with registered capital of 200 million Yuan.[2]

2017

Shanghai Data Exchange together with China Internet Network Information Center, China Unicom, Fudan University and China Academy of Information and Communications Technology constructed China's first national engineering laboratory for big data distribution and exchange technologies. This lab aims to enhance China's ability in supporting fundamental sectors of big data.[3] In September, Shanghai Data Exchange released a credit risk profile product that offers a database of 50 million enterprises. The product is designed for financial institutions such as banks, brokerages, insurers and P2P platforms to improve risk control through credit and data checking.[4]

Chronology

External links

Notes and References

  1. Web site: Shanghai sets up data trading platform in latest push to boost city's profile as tech hub. Daniel Ren Publishing. 11 March 2017.
  2. Web site: DATA EXCHANGE CENTER IN SHANGHAI WAS ESTABLISHED TODAY THAT GLOBAL DATA CENTRE. East Buzz Publishing. 1 April 2016.
  3. Web site: National big data engineering lab unveiled. China Daily Publishing. 11 March 2017.
  4. Web site: Shanghai set for lead role in data exchange. ShanghaiDaily Publishing. 26 December 2017.