Research On Intermediate Business Technological Support System Of Commercial Bank

With the influx of foreign banks into China as well as the increasingly open financial policy of our nation, the competition among banks in China has become more severe. Moreover, the major banks in China are in the particular period of joint-equity reform which urges them to increase the entire profits. However, the profits brought about by deposit and loan—the traditional services of the general commercial banks, have been shrinking in their commercial operation. Hoping to increase the potential profits, many commercial banks in China have introduced intermediate business to adapt themselves to the trend of joint-equity reform and the variation of the market demand. With the gradually increasing dependence on the intermediate business to create profits, the majority of Chinese commercial banks have participated in the international competitions.Just because intermediate business is a very abroad definition, its business pattern, business form and operation mode are various. So for a long time the products promoted by technological support system of intermediate business are concentrated in several limited fields, such as the charge of water, electricity, and gas. The development and implementation of agency systems for insurance, funds and futures which contain high profits are hindered by the technological limits. Even if this kind of product has been developed, it is only a particular product specialized for a given company. As a result, different kinds of business would need different business systems developed repeatedly by the bank, which increase the cost of intermediate business as well as the complexity of the maintenance of the system. Thus it is essential to construct support system with great function and good compatibility for the intermediate business. Technological support system for Intermediate business of commercial bank is also called intermediate business platform. Intermediate business platform is an applicable and programmable computer system serving the intermediate business of banks. Abstracting the common characters of various intermediate businesses, it has a centralized and multi-levels architecture. Intermediate business platform lies between the channel switch-in system and core bank system, and it receives the requests of various channel business, processes different kinds of business logic, sends request to core bank system or the third system and finally sends the results to the channel switch-in system. This type of platform provides a uniform design, management and maintenance platform for Intermediate business.This article mainly analyzes the actual technological support system in domestic banks, finds the shortage of single system and then proposes a new scheme to construct technological support system. The new scheme based on J2EE system structure uses the middle part technology and parametric collocation and designs on different levels. Data safeness uses the cryptographic algorithm. Besides it can realize the technologic process which makes the client center and products masterstroke. So it can do channel integration and business process rebuilding to intermediary business technological support system in our nation.This essay comprises eight parts. The first part is the introduction as to the background of developing intermediate business technological support system of commercial bank. This part also discusses the purpose and meaning of this study. In the second part we summarized the research production done by scholars about intermediate business technological support system in our nation. Then the third part is about the research theory and the originality innovation. In the fourth part we briefly describe the current status of technological support system of intermediate business in foreign countries. Next, in the fifth part the evolving process of technological support system is analyzed. In the sixth part the current status of technological support system of intermediate business in our nation is analyzed. Furthermore in the seventh part we analyzed the problems about intermediate business technological support system in our nation. In the last part we introduce a new approach to intermediate business technological support system of commercial bank which describes from structure to practice, and in this part, we also discuss the future of developing intermediate business technological support system.