| With the competition between banks becoming increasingly fierce, it is more and more difficult for the banks to reap profits by relying on the traditional banking businesses such as the margin between depositing and saving. Moreover, with the rapid development of the tertiary industry including funds, insurance and futures, it is more and more accessible to the general public. However, the tertiary business organs, for lack of development and undefined orientation, do not have enough sales outlets to meet the needs of the masses. They, therefore, are forced to depend on the sales agents who have already established a large number of sales outlets. Meanwhile, the banks have established sales outlets all over the country and high reputation among the clients, which serves as the innate advantage for the banks to expand the intermediate business. Without directly using its own operating funds, the agency business can secure the funds detention as well as charge the agency fees. Thus, the intermediate business is indeed meaningful to the commercial banks. As far as now, the competition between banks in intermediate business is getting increasingly keen.It is a broad concept of the intermediate business. There is a great variety of its operational modes, patterns and approaches, which are hard to unify in one expression. Owing to the limitation of technology, it is very hard to develop and apply the high value-added agency system of insurance, funds and futures. If it is fortunate enough to have this system, it could only be directed to some certain businesses. For different types of businesses, the banks need to duplicate the similar system, which will definitely result in high operational costs in the intermediate business, delay the coming of new products and thus critically impede the development of the intermediate business.What my paper introduces here is the intermediate business platform of the fourth generation. It deploys many new technologies such as memory databases,... |
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