Media Reports

Media Reports

Hengtian Vice President Wins the 2019 NICSA NOVA Award

As vice president of Hengtian, a global technology company created in alliance with State Street, Insigma Technology and Zhejiang University, Wells Shi is at the forefront of change in the industry. “As new business models emerge we will need to continue to understand what challenges our clients are facing and collaborate to work through these together,” Shi says of the future of fnancial technology.

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Critical Application Development Blooms in China

CIO When State Street opened a technology center at Zhejiang University in Hangzhou, China, in December 2001, the goals were modest. But since the center opened, State Street has found a valuable foothold in an important Asian IT talent market. The financial services giant set up the center at the university to be part research and development lab, and part application outsourcing facility.

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From a Dozen to 3,000 Employees – What Can Be Learned from the Cooperation between State Street and Zhejiang University?

This article was published on Jiemian News For American company State Street Group, one of the world’s largest institutional asset management companies and investment service providers, apart from its branch and representative office which are located in Beijing and Shanghai, its only wholly-owned subsidiary in China is not based in the “financial center” Shanghai, but in Hangzhou.

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Technology Empowers Municipal Smart Traffic Center

This article was published on “Zhejiang Transportation”, the province’s only comprehensive journal circulating in its transportation sector

With the development of science and technology, China’s urbanization process is accelerating. Public transportation, as an important part of the transportation service sector, is inseparable from this urbanization process. The ever-increasing number of small passenger cars, and the shortage of public transportation resources, have made traffic congestion a problem that plagues China’s big cities. Even with methods such as restricting plate numbers, building new roads, and expanding road capacities, little effect has been made. Transportation departments of some cities and regions in China have begun to implement data-based transformations, and have gradually gained an upper hand over the massive, complex and closed nature of the traffic big data, consequently maximizing data usage. Big data technology is increasingly being used to build municipal transportation systems, and is changing the lives of their residents.

In 2017, as one of the thousands that drive smart cities, Hengtian helped the Shandong Provincial Public Security Bureau in turning smart traffic management into reality. On the 18-meter by 6-meter large display in the information center of the Shandong Provincial Public Security Bureau, data are constantly flashing. This data center manages police facilities and police data of Shandong Province, and makes centralized management based on police resources such as plate number restrictions, real-time road conditions, geographic information and monitoring points.

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Seeking Truth and Being Innovative – A Zhejiang University Laboratory’s Path of Development

This article was published on Hangzhou Weekly

Forty years ago, the “Reform and Opening Up” began. Today, under the new environment, the internet entrepreneurship and innovation boom has coined a new trend in Zhejiang’s economic development. During forty years of endeavor and hardship, Zhejiang has advanced through exploration, and developed through innovation. By following its rigorous motto of “Seeking Truth”, Hangzhou based Zhejiang University has managed to cultivate a large number of outstanding talents, and created fruitful results with its persistent scientific and innovative endeavor. Whether it’s the Zhejiang University Laboratory or Zhejiang University affiliated companies like Hengtian, Bangsheng and Qulian, we always adhere to Zhejiang University’s motto of “Seeking Truth”. On the path of innovation, all “People of Zhejiang University” follow the pace of “Reform and Opening Up”, advance wave upon wave with pioneering efforts, to build a new era of dreams.

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“Paperless” Job Fair – New Technologies Assisting in Talent Acquisition

This article was published on ZJOL

The first ever “paperless” smart job fair took place in Hangzhou. It demonstrated Zhejiang’s emphasis on talent acquisition and was supported by new technologies such as big data and artificial intelligence. The company that provided technical support for this event was Hengtian, a local company in Zhejiang which stems from the Computer Science department of Zhejiang University.

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