Case Study Of Financial Technology Assisting The Development Of Ping An Bank

With the deepening of digital banking,fintech is the only force that can subvert the business model of commercial Banks.To truly realize "digital operation" and "intelligent management",we must rely on the power of fintech.In recent years,financial institutions around the world have also maintained keen attention and continuous investment in fintech.Benefiting from the rapid development of cloud networking and communication technologies as well as the huge customer market,China has become the main force of the financial technology market in Asia and even globally.The development of fintech is reshaping and affecting the development of the financial industry.Under the situation that external cloud networking companies and fintech companies continuously erode or impact the existing financial business field,the original competitive boundary and competitive pattern of the same industry may be completely broken.PWC's survey of people working in financial institutions such as Banks shows that the first areas to be hit in the next five years are most likely to be payments,consumer and investment wealth management,all of which are closely linked to banking.Insurance,funds,investment banking and other sectors will follow.At present,the construction of digital transformation of the banking industry in China has entered the comprehensive promotion period,and the practice status and existing problems of the digital and intelligent transformation of commercial banks are also in an appropriate research opportunity.Relying on the power of fintech,the technological innovation of China's banking industry is continuing.Under the general trend of traditional finance embracing fintech,how joint-stock commercial Banks make good use of science and technology to keep up with the pace of the age is a topic which is worth to explore further.Taking Ping An Bank as the research object,this paper collects data and collates literature on the basis of field research and interviews with five key branches of Ping An Bank,and analyzes the practice attempts,changes,progress and achievements of Ping An Bank in the financial technology environment.Found that financial power Ping An Bank of science and technology in the digital,the wisdom of the main problems existing in the transformation process,found Ping An Bank of digital,intelligent transformation are on the same tier Banks the front end of a series of measures,such as financial services relying on big data construction ecosystem,artificial intelligence and the depth of the banking services integration technology,the use of block chain layout and a series of measures such as trade finance,financial technology and mining power Ping An Bank in the digital,the wisdom of the main problems existing in the transformation process.Based on the typical transformation experience of ping an bank,this paper discusses the plan of further optimizing the digital and intelligent operation and maintenance development of ping an bank,so as to improve the digital and intelligent management level of Ping An Bank.This paper proposes to enhance the awareness of risk prevention and comply with government supervision.Cultivate and encourage financial technology innovation talents;Based on its own advantages,deeply cultivate the layout of financial technology;Deepen the application of data integration and personal information protection;Help small and medium-sized Banks develop,etc.Current for the banking industry in China from the financial developing situation of science and technology,through the analysis of existing innovation,tries to comb financial power of science and technology joint-stock commercial Banks in China development context,sorting out the innovation direction of the number of possible,explore the method to improve the competitiveness of Chinese joint-stock commercial Banks,and for other commercial Banks in China,especially small and medium-sized commercial Banks to digital,intelligent transformation to provide reference and reference.