World information (CCW Research) recently released "2011 China's financial industry information construction and the trend of the IT application Research report shows that in 2010 China's financial industry informatization investment is 46.53 billion yuan, after a modest tightening in 2009, the growth rate from 0.4% in 2009 rose to 3.3% in 2010, the financial industry IT into a return to growth.
Survey figures show, the bank is still IT into the body of the financial sector, 70.4% of the overall scale of investment, IT put the stability of the banking is the chief reason for the increase in financial information input, securities, insurance institutions as a result of the need of scale expansion, business innovation, and the growth of the industry as a whole to recover IT.
China's financial sector, as well as the different institutions of each industry informatization level is uneven, but overall China's financial industry informatization has grown to a data set, a new stage of system integration and Internet application.
Financial informatization began to attach importance to planning and guidance.
First of all, the supervision layer starts to increase the supervision, planning and guidance of IT application in financial institutions. In recent years, relevant documents have emerged in endlessly, and more and more detailed and specific. As the central bank is compiled by the financial informationization five-year planning ", the China banking regulatory commission issued in April 2010, the commercial bank regulatory guidelines "data center, insurance regulatory commission issued in December 2009, the insurance company informatization management guidelines (trial)", is the cb "standard of securities and futures industry information system backup ability" and so on, will has a guiding significance to the financial industry informationization development. The supervision layer will play an important guiding role in the informatization construction of financial institutions and may even affect the direction of IT application in the financial industry.
Second, financial institutions began to value their IT planning. For example, the bank of China is studying its 12th five-year plan, citic bank has just completed its IT planning in the next 3-5 years, and postal savings bank has launched the IT master plan.
Disaster backup will become the focus of the next IT construction of financial institutions.
The application of IT in China's financial industry has entered the era of centralization. But most financial institutions are generally weak in data and business system backup, especially in small and medium-sized financial institutions. Financial industry is the cornerstone of social operation, which is the cornerstone of social operation. It is extremely urgent to ensure the continuity and reliability of financial institutions.
The policy guidance norms and the spontaneous demand of the business will stimulate the financial institutions disaster backup market activity. Current regulators, good qualification of financial institutions began to first focus on the disaster backup, large-scale, high-quality financial institutions due to the objective demand in the capital, technology, and other reasons have been one step ahead. Plan the information (CCW Research), is expected in the coming years domestic financial institutions will generally increase spending on disaster backup, and small and medium-sized financial institutions in this spending will be more concentrated, regulators will play an important role to guide and specification, its industry organizations such as silver, fund settlement center city firms will play an important role.
The IT application of financial institutions will develop from production to management.
At present, most financial institutions' IT construction is mainly focused on production and application, and the expansion of business innovation and operation scale is the main driving factor of IT investment in financial institutions. But with China's increasingly large financial institutions assets, constantly enrich its business form, the rapid growth of the business financial institutions generally need to increase differentiation development, risk control and compliance management, etc. CCW Research believes that, with a solid IT foundation, IT construction of financial institutions will begin to focus on management applications.
China's financial enterprises have long been engaged in heavy business and light management in the field of information technology investment. Compared with the front desk, the backstage support and management is far from enough. As many financial institutions in the business analysis, risk control, strategy and in-depth customer information mining aspects such as the lack of enough IT support, compared with business informatization, informatization in the management of China's financial just getting started. The application of IT to management is the key to the future of bank information construction.
Diversification of service channels will become the focus of IT investment in financial institutions.
The number of outlets has long been a key indicator of the core competitiveness of financial institutions. Only by providing more comprehensive and timely services for more users can financial institutions achieve sustainable development. However, the laying of physical branches is subject to multiple regulatory approvals, which not only involve large capital, slow construction cycle, but also low service efficiency. IT technology has enriched the service channels of financial institutions, and the emergence of new channels such as online banking, telephone banking, mobile banking and self-service equipment has had a great impact on the competition pattern of the financial industry. The move, for example, has been rapid development with a keen response to online banking.
Widely, the large population in China, financial institutions in each subject are numerous, mostly in the hundred or so, both in terms of financial strength, geographical conditions, financial institutions can't adopt the strategy of building physical outlets most small and medium sized financial institutions can achieve the purpose of expansion through diversified service channel. In addition to large financial institutions and a few good qualification of financial institutions, most small and medium-sized financial institutions on the service channel multiplication or is a blank, or is tasted, Chinese financial institutions by means of IT and the service channel will be diversified development.
