How Top Chinese Exchanges Accelerated DevOps Maturity: Insights from CAICT Assessments
Amid a nationwide digital transformation push, four leading Chinese exchanges adopted the CAICT DevOps Capability Maturity Model, achieving multiple level‑3 and level‑2 assessments that boosted IT efficiency, integrated resources, and better supported business systems, offering valuable lessons for the industry.
In the context of large‑scale digital transformation, enterprises are turning to DevOps to improve IT efficiency. The China Academy of Information and Communications Technology (CAICT) leads the "R&D‑Operations Integration (DevOps) Capability Maturity Model" series, which provides strong guidance for industry adoption.
Participating Exchanges and Assessment Overview
Four exchanges—Shanghai Stock Exchange Technology Co., Zhengzhou Commodity Exchange Technology Co., Shanghai Information, and China Financial Futures Exchange Technology Co.—completed a total of five DevOps capability maturity assessments, covering Agile Development Management (Level 3), Continuous Delivery (Level 3), Technical Operations (Level 2/2+), Security & Risk Management (Level 2), Systems & Tools, and Continuous Testing (Level 3). The statistics are current as of 15 December 2023.
Shanghai Stock Exchange Technology Co.
The company’s "New Options Trading System" project passed the Level 3 Continuous Delivery assessment on its first attempt. By reshaping governance mechanisms, organizational structures, business processes, and technical systems, the exchange has driven comprehensive improvements in governance, efficiency, and quality.
Zhengzhou Commodity Exchange Technology Co.
Two projects— the OTC Comprehensive Business Platform and the Member Service Platform—were evaluated. The platforms provide one‑stop services for risk management, trading, settlement, and clearing, integrating market data to enable pricing and coordinated trading. The assessment revealed a reduction of delivery cycles from 30 days to about 7 days, unit‑test coverage above 50 %, interface‑test coverage at 100 %, and average build times of roughly 5 minutes.
China Financial Futures Exchange Technology Co.
The "Business Collaboration Platform" project, a key component of the exchange’s digital transformation, offers a unified portal for approvals, changes, and electronic business management, significantly improving efficiency and user experience. Decoupling from core systems enables agile delivery and faster deployment.
About the DevOps Capability Maturity Model
The model, jointly developed by CAICT, the Cloud Computing Open‑Source Industry Alliance, the Efficient Operations Community, BATJ, and leading financial and telecom enterprises, is the first comprehensive DevOps standard in China and has been adopted by many major firms. It was officially concluded by the ITU‑T in July 2020, becoming the world’s first international DevOps standard. The framework covers Agile Development Management, Continuous Delivery, Technical Operations, Application Design, Security & Risk Management, Systems & Tools, Business Value Management, Collaborative Development & Operations, Continuous Testing, Performance Measurement, Platform Engineering, and Reliability Engineering.
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