Next-Generation Financial Data Infrastructure
CDI aims to enable more efficient financial intermediation in the banking system and enhance financial inclusion in Hong Kong.
Instead of multiple one-to-one connections, each bank and data provider will have a single connection to CDI. Data sharing has never been easier.


Potential use cases
Credit Underwriting
Enhance risk assessment with alternative data
Product Development
Promote innovation in financial products and services with market data
Customer Acquisition
Provide services to more customers at scale
Know Your Customer (KYC)
Verify identity and business status from different sources
Business Intelligence
Gain insights from data analytics
Potential use cases

Enhance risk assessment with alternative data

Promote innovation in financial products and services with market data

Provide services to more customers at scale

Verify identity and business activities from different sources

Gain insights from data analytics
Key Features

Commercial data will be shared only after data owners (e.g. small and medium-sized enterprises (SMEs)) have given their explicit consent to banks and data providers.

API and data models defined in CDI empower a more efficient data sharing mechanism and flexible use cases among CDI participants.

The design of CDI can accommodate high level of independency among CDI participants, fostering innovation in financial products and services with the use of alternative data.

The blockchain design of CDI means audit records are immutable, traceable and verifiable, ensuring a proper audit trail. Nevertheless, CDI does not store any commercial data to uphold the principle of data protection and increase system efficiency.

Only authorised entities (i.e. CDI participants) can connect with CDI and perform data exchange. All participants are identifiable and trusted.
(From production launch to June 2023)
Benefitting SME Financing
This video introduces how CDI helped Hong Kong-based SME make use of alternative data to apply for bank loans.
CDI enables an easy access to real time and reliable commercial data with customers’ credit portfolio. This ground breaking financial data infrastructure effectively accelerates our loan approval process to facilitate SMEs in obtaining finance.

QFPay HK has been dedicated to providing fast and secure payment services to our merchants as well as developing different business solutions to support our merchants to grow in this fast-changing market. We are proud to participate in the CDI project by HKMA and be one of the pioneers of business data providers. Through the collaboration with financial institutions and development of related platforms, our clients will experience commercial financing in a more intelligent and efficient way.

CDI has broken new paths to enhance SMEs’ access to bank finance and advance financial inclusion in Hong Kong. Building on the success of our initiatives during the pilot stage, HSBC is pleased to be among the first group of banks to leverage the CDI platform to streamline business loan application journey. We will continue to work with different data providers to explore new use case and support the growth of Hong Kong’s fintech ecosystem along the way.

New World Development continues to apply new technology to its businesses to enhance the customer journey, to improve our overall business efficiency, and to accelerate our sustainability efforts. As Hong Kong’s first property developer to join the HKMA’s Commercial Data Interchange, and by introducing the use of FinTech in the Group, we hope to create a win-win-win situation for SMEs to access financial services, for us to strengthen our partnership with ecosystem stakeholders, and to promote the adoption of FinTech and green supply chain in Hong Kong and across the Greater Bay Area.

We are pleased to be the first virtual bank participating in the HKMA’s Commercial Data Interchange initiative. Leveraging Tradelink Electronic Commerce Limited’s customer trade declaration data as an alternative data source for credit assessment, we have streamlined the loan approval process and have made the banking services more accessible for SMEs. We will continue to expand virtual banking services for more SMEs through the use of alternative data, and promote financial inclusion in Hong Kong.

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