MuRong RaaS Solution
A Smarter Approach to Banking IT Modernization and Digital Transformation
01
The Challenge
The traditional IT service procurement and delivery model in the banking industry is no longer fit for purpose.
As banks accelerate digital transformation, modernize core banking infrastructure,
and respond to rising market expectations, conventional project delivery models increasingly expose financial
institutions to cost pressure,
operational inefficiency, and technology risk.
02
Key Challenge
High Costs
Significant upfront investment often creates pressure on budgets,
while returns may take longer to materialize.
Low Efficiency
Extended implementation cycles make it difficult for banks to respond quickly to market changes,
customer expectations, and regulatory demands.
Potential Risks
Project delays, suboptimal outcomes, and the possibility
of technology becoming obsolete by the time of delivery can undermine transformation value.
03
The Impact
As a result, the tension between investment and returns, efficiency and risk,
and innovation and operational stability has become a
major bottleneck in the modernization and digital transformation of bank IT infrastructure.
The Challenge
The traditional IT service procurement and delivery model in the banking industry is no longer fit for purpose.
As banks accelerate digital transformation, modernize core banking infrastructure,
and respond to rising market expectations, conventional project delivery models increasingly expose financial
institutions to cost pressure,
operational inefficiency, and technology risk.
Key Challenge
High Costs
Significant upfront investment often creates pressure on budgets,
while returns may take longer to materialize.
Low Efficiency
Extended implementation cycles make it difficult for banks to respond quickly to market changes,
customer expectations, and regulatory demands.
Potential Risks
Project delays, suboptimal outcomes, and the possibility
of technology becoming obsolete by the time of delivery can undermine transformation value.
The Impact
As a result, the tension between investment and returns, efficiency and risk,
and innovation and operational stability has become a
major bottleneck in the modernization and digital transformation of bank IT infrastructure.
Adopting RaaS
Future Banking Partnership · RaaS
Reshaping the relationship between banks and technology providers — evolving from vendor to strategic partner,
driving long-term digital capabilities through continuous delivery and value-based engagement.
As an alternative to the traditional one time investment procurement model, RaaS, or Result as a Service,
introduces a new paradigm for the banking and financial services industry.
Its core value lies in reshaping the relationship between banks and technology service providers.
The provider is no longer positioned only as a vendor, but as a strategic partner that participates in
the bank’s technology planning, operational build out, and long term digital capability development.
Under this model, both parties agree on the service scope and pricing structure,
while the provider delivers continuously in accordance with the agreement.
The bank typically makes only the necessary and limited foundational investments,
then pays based on the value of actual IT service outcomes.
This approach helps banks move away from heavy investment, uncertain delivery,
and delayed returns.
It enables financial institutions to focus more confidently on strategic development,
business innovation, banking technology modernization, and sustainable digital transformation.
MuRong RaaS
Outcome-driven · Co-create Future
Full-RaaS coverage across core systems & IT
operations — delivering expected outcomes plus diversified incremental value
Leveraging its leading technology architecture, extensive implementation experience,
mature service system, and professional team,
MuRong provides RaaS solutions across its full product portfolio, including core banking,
digital banking, digital payments, and auxiliary systems.
Through deep collaboration, MuRong can fully undertake a wide range of IT services,
including technology implementation, business operations, system maintenance,
and security assurance. This enables banks to achieve their expected business
outcomes while generating diversified incremental value based on MuRong’s industry
expertise.
Technology implementation
Business Operations
System Maintenance
Security Assurance
RaaS Strategic Benefits for Banks
Reduced Investment Costs
Transforms the traditional large one time investment into phased, outcome based payments,
freeing up cash flow and optimizing the bank’s financial structure.
Accelerated Market Entry
Provides one stop operational services, allowing banks to go live and start operations
quickly without starting from scratch, while responding nimbly to market changes.
Professional Maintenance
Delivers professional IT operation and maintenance services,
including security protection, fault resolution, and performance optimization.
This reduces operational costs, improves efficiency, and allows banks to focus on external markets.
Technology Innovation
Gives banks the opportunity to rapidly integrate cutting edge technologies such as AI,
validate their impact in specific business scenarios, and maintain technological leadership.
Real Results
PICC Group
Tens of billions RMB · Annual GMV
MuRong collaborated deeply with the People’s Insurance Company of China Group to
build the Financial Services Platform. MuRong was responsible for the end to end design,
implementation, and launch of the platform. After go live, MuRong continued to assume responsibility
for operations, maintenance, training, and functional iteration,
steadily supporting core insurance operations such as auto loans, payments, and insurance marketing.
The platform achieved annual transaction volumes in the tens of billions of RMB.
Free from the need to build a large technology and operations team,
PICC Group was able to focus more on market expansion and strategic planning, paying
only for the actual outcomes delivered through stable platform operations and functional iteration.
Full lifecycle ownership
Post-launch O&M + iteration
Insurance + payments ecosystem
Bank of China Macau Branch
No.1 Market Share · Payments
Bank of China Macau Branch successfully launched the BOC Smart Payment aggregated payment brand,
which has held the number one market share in Macau’s payment sector for several consecutive years.
MuRong quickly integrated international card schemes as well as Alipay and WeChat Pay,
and successively delivered a full channel payment infrastructure covering mobile wallet payments,
bank card acquiring, QR code payments, and NFC payments.
MuRong also helped Bank of China Macau rapidly establish cross industry ecosystem connections.
The bank adopted a phased approach to acceptance, delivery, and payment, effectively reducing early
stage investment while enabling a more flexible and efficient system launch and ongoing operation.
Alipay + WeChat Pay
Mobile wallets / QR / NFC
Cross‑industry ecosystems